In Cuba, local farm growers are dealing with the increased prices in which to produce food. With the prices rising to meet the international market prices Cuba’s government has to allocate their budget to adjust more than 1.6 billion dollars for the increase in price. According to Blanca Rosa Pampín, an agricultural expert and business advisor to the National Association of Cuban Economists, “Food such as soy beans and rice have rose 47% from 2010 to 2011. Along with the rise of rice and beans, seed prices have increased by 67%, fertilizers also rose by 90 percent and pesticides rose by 50%.” All of these essential products in growing these basic foods have rose with the economic sanctions implemented and Cuba needs a break. Trade agreements with other countries to buy such supplies needed to farm are also a huge factor that has played into the exchange of these goods. One such example of an issue raised was the embargo imposed on all freight going to Cuba. This embargo has added increased prices to the cost of goods needed to produce the necessities in Cuba. Cuba’s government has gone to extreme measure trying to make sure its citizens have its basic necessities by allocating rationing books. These rationing books are what citizens need to get baskets of goods such as food and household goods. The state food monopoly is what has torn the Cuban economy down and training efforts need to be put in place so that more citizens of Cuba can learn the basics of farming and how to continue producing their own crops without the everlasting reliance on globalized products.
Globalization of trade has been a social issue that as we can see here has affected the ability of some nations such as Cuba to produce essential goods of the economy. The outsourcing of these goods has led to the inability of local citizens to know how to produce such goods at the mass numbers that are needed to meet the goals of the society. With more women and children, the training falls on their ability to produce such goods. On top of these factors with trade prices continuing to rise, Cuba has fell behind in trying to keep up with global markets and the prices in which it requires to purchase these goods. As we can see from this article the rising prices in other countries affects other countries in ways that some could not even imagine. The social ability of the citizens to buy foods has fell within the ranks of trying to keep up with global prices which has only led to the suppression of Cuba’s economic standpoint. Globalization has proven once again to have a negative effect on people’s standard of living and how they live, which affects them socially and physically as well.
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