By 2010, it had become clear to most significant actors within and outside of Cuba, that the current system of state organization, and in particular the economic model at the heart of half a century of a particular form of implementation of Revolutionary ideology, was not working. “Former Cuban leader Fidel Castro has revealed for […]
Will the VI Communist Party Congress Solve Cuba’s Economic and Social Problems?
Cuba held the VI Communist Party Congress (PCC) in April 2011 presided by Raúl Castro, after 14 years without holding a Congress. The economic crisis that began in 2008 and was aggravated by the global crisis was a reason for the market-oriented reforms introduced by Raúl in recent years and ratified by the Congress. This […]
Cuba’s External Sector and the VI Party Congress
As the Cuban Communist Party convened its VI Congress in mid-April 2011, the external sector of Cuban economy continued to be under stress. Although the worst of the global financial crisis was over and international financial flows had begun to recover, Cuba faced a severe liquidity crunch. Speaking to the National Assembly of People’s Power […]
La propiedad inmobiliaria en Cuba: Ayer, hoy y mañana
Este escrito no tiene otra pretensión que explorar, a la luz del pasado y de nuestra cultura e idiosincrasia cubana, el presente y el futuro del derecho de propiedad sobre inmuebles en Cuba. No es un análisis jurídico ni está escrito para abogados. Es sólo un humilde intento por facilitarle al ciudadano cubano— especialmente a […]
Cuba: Banking Reforms, the Monetary Guidelines of the Sixth Party Congress, and What Needs To Be Done
Notes1 By the advent of the revolutionary government in 1959, Cuba had a dynamic banking sector, with a growing domestically-owned bank sector and foreign owned banks which had operated in Cuba for several decades. The Cuban National Bank, the central bank, had been established in the early 1950s. The revolutionary government nationalized the banks in […]
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