Cuba’s current economic crisis and economic policy contradictions
The post-COVID-19 economic recovery is markedly slow and from a sectoral perspective unbalanced, with a striking delay in the supply ...
Tag: Reordering Task
Cooperatives converted to private MSMEs: urgent need to correct regulations
The privatization of cooperatives and, even more, of those that arose from state ownership, is undoubtedly a very serious problem ...
Cuba allows foreign investment in wholesale and retail trade
The announcement is part of a package of relaxation measures aimed at boosting the economy, affected by a severe crisis.
Economists: Revaluation of Cuban peso does not necessarily anticipate improvement of economy
In the opinion of experts consulted by EFE news agency, the recovery of the island’s national currency in recent weeks ...
The “dry rice” formula
Even at its best, Cuba’s rice yields were nowhere near the world average in terms of water consumption.
One year after the Task of Reorganization
Monetary reforms are not magic and cannot create wealth out of thin air. They encourage or not the creation of ...
Cuba employed 236,000 new workers in 2021
59% of the new employees were located in the state sector and mostly in the business sphere. The remaining 41% ...
How have things been?
Implementing an adjustment policy and pretending not to pay a cost for it seems to be at odds with reality ...
Cuban government recognizes 6,900% inflation in informal market
The “reorganization,” implemented since January despite the pandemic, went through a monetary and exchange unification, an increase in prices, wages ...
Cryptocurrencies in Cuba: innovations and opportunities (I)
The phenomenon of massive and diversified use of cryptocurrencies in Cuba deserves a deeper debate regarding its potentialities and implications.
Cuban economy to close 2021 with “moderate” growth, according to minister
This was reported this Thursday by Minister of Economy and Planning Alejandro Gil, who, however, acknowledged that it would be ...
Train of economic reforms in Cuba picks up speed (I)
Summary of the measures announced by the Cuban government to boost production and consumption in the country.
Alejandro Gil: “We are prepared to take advantage of any economic opening with the U.S., but it doesn’t depend on us”
The deputy prime minister and head of the island’s economy also assured in a press conference that the monetary reorganization ...
More price hikes in Cuban market
The Minister of Domestic Trade said that, in accordance with the economic situation of the country and personal income, the ...
Afro-descendant women in Cuba and the Task of Reorganization (I)
Under what conditions do Afro-descendant women get to the Task of Reorganization in Cuba and how can economic policies be ...
Task of Reorganization in Cuba: beyond the survey
To expect to obtain massive and immediate positive impacts from the “Task of Reorganization” would be to ignore the reality ...
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