Small and medium enterprises in Cuba
In Cuba, day by day it is possible to perceive how formerly empty spaces on the streets and doorways have been swamped with neon signs announcing boutiques, print services, cell “clinics”, and so many small businesses that were considered illegal economic activities just three years ago. We are witnessing how new behaviors are emerging from the basis of society as the State’s functions are being decentralized in order to revive this sector of economy, small and medium businesses. Not going through the legislation prior to the triumph of the Revolution in 1959 (the Constitutions of 1901 and 1940), which constitutionally outlined prerogatives granted to the private sector in the country as the predominant economic source, the first trace of small businesses in Cuba can be found in the introduction of the Nationalization Law 980 of October 13th, 1960, where it the revolutionary reality established in Cuba with the existence of capitalism was declared incompatible and just left margin for medium and small enterprises. The nationalization process did not imply the immediate or total liquidation of the small and medium capitalist sector; their presence was necessary and feasible. Yet, during early 1968, with the Revolutionary Offensive approximately 58 000 businesses by...