
{"id":247494,"date":"2021-12-29T13:30:09","date_gmt":"2021-12-29T18:30:09","guid":{"rendered":"https:\/\/oncubanews.com\/en\/?p=247494"},"modified":"2021-12-29T13:30:09","modified_gmt":"2021-12-29T18:30:09","slug":"2022-to-grow-4","status":"publish","type":"post","link":"https:\/\/oncubanews.com\/en\/opinion\/columns\/counterbalance\/2022-to-grow-4\/","title":{"rendered":"2022. To grow 4%"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The good news that the decline in the national economy has stopped thanks to the good performance of the second and third quarters of this year, is doubly good because in general and due to the seasonal nature of our economy the first and the last quarter of each year are the busiest. So in 2021, that performance has changed.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is also good news that a growth of 4% is planned for 2022, something that will require a significant effort if we take into account that the recovery conditions of the international economy are still far from reaching the years preceding COVID-19; that world inflation, and especially in the United States, seems to be turning into a big headache; and that world trade will continue to suffer from excessively expensive freight, a shortage of containers and high prices for them; foreign investment <\/span><a href=\"https:\/\/unctad.org\/es\/news\/la-inversion-extranjera-directa-mundial-recuperara-algo-de-terreno-perdido-la-incertidumbre\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">will continue to have a weak recovery<\/span><\/a><span style=\"font-weight: 400;\"> and tourism flows on a world level will still be far from what they were three years ago.<\/span><\/p>\n<figure id=\"attachment_247497\" aria-describedby=\"caption-attachment-247497\" style=\"width: 445px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/oncubanews.com\/en\/wp-content\/uploads\/2021\/12\/Picture1-1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-247497\" src=\"https:\/\/oncubanews.com\/en\/wp-content\/uploads\/2021\/12\/Picture1-1.png\" alt=\"\" width=\"445\" height=\"289\" srcset=\"https:\/\/oncubanews.com\/en\/wp-content\/uploads\/2021\/12\/Picture1-1.png 445w, https:\/\/oncubanews.com\/en\/wp-content\/uploads\/2021\/12\/Picture1-1-300x195.png 300w\" sizes=\"auto, (max-width: 445px) 100vw, 445px\" \/><\/a><figcaption id=\"caption-attachment-247497\" class=\"wp-caption-text\">Global inflows of FDI, forecast for 2021-2022. UNCTAD<\/figcaption><\/figure>\n<p><b>The domestic economy will be decisive<\/b><\/p>\n<p><b>Macroeconomic stability<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Growth is much more than a goal, a slogan or an exhortation, and having done a good planning exercise is not enough. It is necessary to achieve a minimum of macroeconomic stability that reduces uncertainty for all economic agents, that guarantees that the rules of the game will be followed, that discretion will have adequate limits, that the adjustment will produce the necessary changes at the microeconomic level to transform the business system, clean it of inefficient enterprises \u2014 because not all those that are in losses are \u2014 and that the allocation of resources is guided by efficiency criteria. Efficiency and productivity must be rewarded, and the costs of this adjustment must be cushioned with adequate policies. Condemning efficient enterprises to losses is not the best decision in a country that needs to purge its production system.<\/span><\/p>\n<p><b>Inflation, what to do?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Much has been written about inflation in Cuba this year. Today it is the factor that generates more instability, uncertainty, a reduction in the purchasing power of \u201creorganized\u201d wages and, logically, social unrest. At least we economists know that speculation is not its cause, in the same way that we know that appealing to the good faith of sellers will not solve, even momentarily, this scourge.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Three exchange rates instead of one, as the design promised, the reincarnation of the CUC in the freely convertible currencies whose access is more restrictive and a passive monetary policy are among its monetary causes. If reality surpassed the design, then the design must be adapted to this new reality.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The other cause is historical, secular and structural, the insufficient supply that has accompanied us since the early 1960s, due to the weak production system and restrictions to import, especially as of the 1990s. Generating a significant increase in supply keeping in mind a speedy recovery of the production system does not seem achievable (500 state companies in losses, and 67% of cooperatives in an \u201cunfavorable\u201d situation <\/span><a href=\"http:\/\/www.cubadebate.cu\/noticias\/2021\/12\/20\/como-marchan-las-63-medidas-para-dinamizar-la-agricultura\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">indicate<\/span><\/a><span style=\"font-weight: 400;\"> the opposite). Production, even in those economies that function with high dynamism, lags behind in relation to demand, it is less elastic in the face of a variation in income. It will not be there where in the short term prices can be dealt with. Improperly regulating them produces worse effects, it has also been proven. The other component of the supply remains, imports, also limited in the state sector by the availability of foreign exchange. But there are reservations and they involve sharing the consumer market and encouraging non-state agents \u2014 national and non-national \u2014 to have a greater participation and share the risks.<\/span><\/p>\n<p><b>Consolidating and deepening the reforms<\/b><\/p>\n<p><span style=\"font-weight: 400;\">In the annual seminar of the Center for the Study of the Cuban Economy, my colleague Antonio Romero synthesized the characteristics of the environment we will have for 2022, taking into account the performance of recent years:<\/span><\/p>\n<ol>\n<li><b> Deep drop in global economic activity in 2020. Record for some regions\/countries.<\/b><\/li>\n<li><b> Strong recovery process since late 2020\/early 2021 in most regions\/countries.<\/b><\/li>\n<li><b> The per capita income levels reached in December 2019 will not be exceeded until 2023.<\/b><\/li>\n<li><b> Asymmetric recovery, and with great risks\/uncertainties:<\/b><\/li>\n<li><span style=\"font-weight: 400;\">a) Recurrence of outbreaks\/peaks of the pandemic<\/span><\/li>\n<li><span style=\"font-weight: 400;\">b) High and rising inflation for some sectors\/markets<\/span><\/li>\n<li><span style=\"font-weight: 400;\">c) Dangers of the process of reducing monetary stimuli (liquidity) by the main central banks:<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">-Tensions in the international energy market<\/span><\/p>\n<p><span style=\"font-weight: 400;\">-Problems with some supply chains\/logistics internationally<\/span><\/p>\n<ol start=\"5\">\n<li><b> Growing conflict between major global actors (USA, China, EU and Russia).<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Inflation in the United States and Mr. Biden\u2019s \u201cforgetting\u201d his pre-election promises are the other two factors that complicate the national situation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And at the same time he pointed out the opportunities that this same evolution offered to our country:<\/span><\/p>\n<p><b>-Increase in demand for goods and services in foreign partners,<\/b><\/p>\n<p><b>-Increase in the price of some basic export products (sugar and nickel) and<\/b><\/p>\n<p><b>-Revaluation of the health industry (especially the strategic importance of vaccines).<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Sugar prices have gone up by 38% from January to October 2021. It is true that our restriction is on production. Save the sugarcane industry! The phrase deserves more than one book. Saving the sugar industry is not recovering it, it is making it new, from the furrow to the shipping terminal. From 2016 to 2020, this industry received investments of 1.035 billion dollars, less than the trade sector (1.563 billion and not to mention 15.541 billion in the real estate sector). Year after year we witness a new <\/span><a href=\"http:\/\/www.cubadebate.cu\/noticias\/2021\/12\/20\/zafra-de-alternativas-las-justificaciones-no-dan-azucar\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">unfulfilled<\/span><\/a><span style=\"font-weight: 400;\"> plan to recover the sugar industry, hopefully, this time it will be different.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Nickel prices also offer an opportunity (37% increase in their prices from January to October) and world demand seems to maintain a certain dynamism. Our limit is once again in the productive capacity. Mining was allocated 1.413 billion in the same period and not everything was for nickel mining.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Undoubtedly the greatest opportunity could be in the healthcare and pharmaceutical industries. Despite the complicit <\/span><a href=\"http:\/\/www.cubadebate.cu\/especiales\/2021\/12\/26\/la-oms-y-el-reconocimiento-de-vacunas-anticovid-19\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">silence<\/span><\/a><span style=\"font-weight: 400;\"> of some international institutions regarding Cuban vaccines, it is indisputable that today it is our greatest strength in the industrial sector.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The recovery of tourist flows on a global scale will depend on the performance of the pandemic, which has once again shown its face in the omicron variant and complicates our source markets again.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">World foreign investment flows will not reach the dynamics of before 2019. Competing for scarce flows with other markets is a difficult task. It is true that something has been announced in relation to FDI, but it seems that time does not count and the necessary reform of requirements and procedures did not arrive in 2021. It is not enough to <\/span><a href=\"http:\/\/www.cubadebate.cu\/noticias\/2021\/12\/20\/inversion-extranjera-pese-a-las-acciones-desarrolladas-no-se-han-logrado-los-resultados-deseados\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">recognize<\/span><\/a><span style=\"font-weight: 400;\"> that \u201cthe little progress is not attributable only to the difficulties generated by the blockade and, in the last two years, by the international crisis derived from the COVID-19 pandemic, but also internal factors.\u201d And if we know which ones, then why don\u2019t we just eliminate them?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Because there are external factors on which there is no way to influence to achieve favorable changes to our economy, because there are structural failures that will not be resolved in the short term; consolidating the reforms will be decisive. It is a difficult exercise that requires many means, from the timely and adequate coordination of actions and organizations to the competence of the people who work in it; also agreeing to pay unavoidable costs until the resizing of the state business sector is promoted, not only in terms of its size, but also in the way it operates in the economy. This exhortation to achieve greater autonomy must be made really effective. And also that other that demands a greater relationship with the private and cooperative business sector. More than a thousand SMEs in three months, in the worst conditions in which an enterprise can be born, is enough to understand how dynamic this sector can be. More effective support, better incentives \u2014 especially tax incentives \u2014, less prejudice and greater spaces for action are still necessary.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Today there are more than seven hundred local development projects. Local governments should understand that having more local development projects and promoting a greater number of small and medium-sized enterprises is decisive for the prosperity of their municipalities. Thinking of the local as the small, as the complementary, does not seem to be the best option. \u201cThe local is not the utopia of a development from the small, but the construction of capacities from the territory to promote sustainable development at the municipal, regional, national and international level\u201d<\/span><b>1<\/b><span style=\"font-weight: 400;\"> It is necessary to take a look at the curb of the well and look from there inward and outward.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is essential to deepen the reforms where reality has shown that what has been done is not enough. Delaying that deepening is not healthy, as we know.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If a 4% growth is achieved, we will still be very far from the growth dynamics we need, far even from what was achieved in a year like 2019 and we all know that even in that year our production was not able to adequately satisfy that part of the demand that depended on it. It will be good to grow and it will be better if all Cubans manage to perceive it.<\/span><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><b>Note:<\/b><\/p>\n<p><b>1<\/b><span style=\"font-weight: 400;\"> Carrizo Luis and Gallicchio Enrique (2006): \u201cDesarrollo local y gobernanza. Enfoques transdisciplinarios. Investigaci\u00f3n y pol\u00edticas para el desarrollo en Am\u00e9rica Latina,\u201d Uruguay, Latin American Center for Human Economy, CLAEH.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is essential to deepen the reforms where reality has shown that what has been done is not enough. Delaying that deepening is not healthy, as we know.<\/p>\n","protected":false},"author":3304,"featured_media":247496,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13075],"tags":[14816,17900],"ppma_author":[33885],"class_list":["post-247494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-counterbalance","tag-cuban-economy","tag-cubas-gdp-growth"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>2022. To grow 4% | OnCubaNews English<\/title>\n<meta name=\"description\" content=\"It is essential to deepen the reforms where reality has shown that what has been done is not enough. Delaying that deepening is not healthy, as we know.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/oncubanews.com\/en\/opinion\/columns\/counterbalance\/2022-to-grow-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2022. To grow 4% | OnCubaNews English\" \/>\n<meta property=\"og:description\" content=\"It is essential to deepen the reforms where reality has shown that what has been done is not enough. Delaying that deepening is not healthy, as we know.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/oncubanews.com\/en\/opinion\/columns\/counterbalance\/2022-to-grow-4\/\" \/>\n<meta property=\"og:site_name\" content=\"OnCubaNews English\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-29T18:30:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/oncubanews.com\/en\/wp-content\/uploads\/2021\/12\/Kaloian-1-11-750x500-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dr.C Juan Triana Cordov\u00ed\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dr.C Juan Triana Cordov\u00ed\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/opinion\\\/columns\\\/counterbalance\\\/2022-to-grow-4\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/opinion\\\/columns\\\/counterbalance\\\/2022-to-grow-4\\\/\"},\"author\":{\"name\":\"Dr.C Juan Triana Cordov\u00ed\",\"@id\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/#\\\/schema\\\/person\\\/9a6359abbf7ed27908f3cf0f8800a79b\"},\"headline\":\"2022. To grow 4%\",\"datePublished\":\"2021-12-29T18:30:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/opinion\\\/columns\\\/counterbalance\\\/2022-to-grow-4\\\/\"},\"wordCount\":1567,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/opinion\\\/columns\\\/counterbalance\\\/2022-to-grow-4\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/Kaloian-1-11-750x500-1.jpg\",\"keywords\":[\"Cuban Economy\",\"Cuba\u00b4s GDP growth\"],\"articleSection\":[\"Counterbalance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/oncubanews.com\\\/en\\\/opinion\\\/columns\\\/counterbalance\\\/2022-to-grow-4\\\/#respond\"]}],\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/opinion\\\/columns\\\/counterbalance\\\/2022-to-grow-4\\\/\",\"url\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/opinion\\\/columns\\\/counterbalance\\\/2022-to-grow-4\\\/\",\"name\":\"2022. To grow 4% | OnCubaNews English\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/opinion\\\/columns\\\/counterbalance\\\/2022-to-grow-4\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/opinion\\\/columns\\\/counterbalance\\\/2022-to-grow-4\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/Kaloian-1-11-750x500-1.jpg\",\"datePublished\":\"2021-12-29T18:30:09+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/#\\\/schema\\\/person\\\/9a6359abbf7ed27908f3cf0f8800a79b\"},\"description\":\"It is essential to deepen the reforms where reality has shown that what has been done is not enough. Delaying that deepening is not healthy, as we know.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/opinion\\\/columns\\\/counterbalance\\\/2022-to-grow-4\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/oncubanews.com\\\/en\\\/opinion\\\/columns\\\/counterbalance\\\/2022-to-grow-4\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/opinion\\\/columns\\\/counterbalance\\\/2022-to-grow-4\\\/#primaryimage\",\"url\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/Kaloian-1-11-750x500-1.jpg\",\"contentUrl\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/Kaloian-1-11-750x500-1.jpg\",\"width\":750,\"height\":500,\"caption\":\"Photo: Kaloian Santos.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/opinion\\\/columns\\\/counterbalance\\\/2022-to-grow-4\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Portada\",\"item\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"2022. To grow 4%\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/\",\"name\":\"OnCubaNews English\",\"description\":\"Revista sobre Cuba\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/#\\\/schema\\\/person\\\/9a6359abbf7ed27908f3cf0f8800a79b\",\"name\":\"Dr.C Juan Triana Cordov\u00ed\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/10\\\/triana-profile.jpg77badc0fc1897e750f825cce57ee00e1\",\"url\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/10\\\/triana-profile.jpg\",\"contentUrl\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/10\\\/triana-profile.jpg\",\"caption\":\"Dr.C Juan Triana Cordov\u00ed\"},\"url\":\"https:\\\/\\\/oncubanews.com\\\/en\\\/author\\\/juan-triana-cordovi\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"2022. To grow 4% | OnCubaNews English","description":"It is essential to deepen the reforms where reality has shown that what has been done is not enough. Delaying that deepening is not healthy, as we know.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/oncubanews.com\/en\/opinion\/columns\/counterbalance\/2022-to-grow-4\/","og_locale":"en_US","og_type":"article","og_title":"2022. To grow 4% | OnCubaNews English","og_description":"It is essential to deepen the reforms where reality has shown that what has been done is not enough. Delaying that deepening is not healthy, as we know.","og_url":"https:\/\/oncubanews.com\/en\/opinion\/columns\/counterbalance\/2022-to-grow-4\/","og_site_name":"OnCubaNews English","article_published_time":"2021-12-29T18:30:09+00:00","og_image":[{"width":750,"height":500,"url":"https:\/\/oncubanews.com\/en\/wp-content\/uploads\/2021\/12\/Kaloian-1-11-750x500-1.jpg","type":"image\/jpeg"}],"author":"Dr.C Juan Triana Cordov\u00ed","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Dr.C Juan Triana Cordov\u00ed","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/oncubanews.com\/en\/opinion\/columns\/counterbalance\/2022-to-grow-4\/#article","isPartOf":{"@id":"https:\/\/oncubanews.com\/en\/opinion\/columns\/counterbalance\/2022-to-grow-4\/"},"author":{"name":"Dr.C Juan Triana Cordov\u00ed","@id":"https:\/\/oncubanews.com\/en\/#\/schema\/person\/9a6359abbf7ed27908f3cf0f8800a79b"},"headline":"2022. To grow 4%","datePublished":"2021-12-29T18:30:09+00:00","mainEntityOfPage":{"@id":"https:\/\/oncubanews.com\/en\/opinion\/columns\/counterbalance\/2022-to-grow-4\/"},"wordCount":1567,"commentCount":0,"image":{"@id":"https:\/\/oncubanews.com\/en\/opinion\/columns\/counterbalance\/2022-to-grow-4\/#primaryimage"},"thumbnailUrl":"https:\/\/oncubanews.com\/en\/wp-content\/uploads\/2021\/12\/Kaloian-1-11-750x500-1.jpg","keywords":["Cuban Economy","Cuba\u00b4s GDP growth"],"articleSection":["Counterbalance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/oncubanews.com\/en\/opinion\/columns\/counterbalance\/2022-to-grow-4\/#respond"]}],"copyrightYear":"2021","copyrightHolder":{"@id":"https:\/\/oncubanews.com\/en\/#organization"}},{"@type":"WebPage","@id":"https:\/\/oncubanews.com\/en\/opinion\/columns\/counterbalance\/2022-to-grow-4\/","url":"https:\/\/oncubanews.com\/en\/opinion\/columns\/counterbalance\/2022-to-grow-4\/","name":"2022. To grow 4% | OnCubaNews English","isPartOf":{"@id":"https:\/\/oncubanews.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/oncubanews.com\/en\/opinion\/columns\/counterbalance\/2022-to-grow-4\/#primaryimage"},"image":{"@id":"https:\/\/oncubanews.com\/en\/opinion\/columns\/counterbalance\/2022-to-grow-4\/#primaryimage"},"thumbnailUrl":"https:\/\/oncubanews.com\/en\/wp-content\/uploads\/2021\/12\/Kaloian-1-11-750x500-1.jpg","datePublished":"2021-12-29T18:30:09+00:00","author":{"@id":"https:\/\/oncubanews.com\/en\/#\/schema\/person\/9a6359abbf7ed27908f3cf0f8800a79b"},"description":"It is essential to deepen the reforms where reality has shown that what has been done is not enough. Delaying that deepening is not healthy, as we know.","breadcrumb":{"@id":"https:\/\/oncubanews.com\/en\/opinion\/columns\/counterbalance\/2022-to-grow-4\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/oncubanews.com\/en\/opinion\/columns\/counterbalance\/2022-to-grow-4\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/oncubanews.com\/en\/opinion\/columns\/counterbalance\/2022-to-grow-4\/#primaryimage","url":"https:\/\/oncubanews.com\/en\/wp-content\/uploads\/2021\/12\/Kaloian-1-11-750x500-1.jpg","contentUrl":"https:\/\/oncubanews.com\/en\/wp-content\/uploads\/2021\/12\/Kaloian-1-11-750x500-1.jpg","width":750,"height":500,"caption":"Photo: Kaloian Santos."},{"@type":"BreadcrumbList","@id":"https:\/\/oncubanews.com\/en\/opinion\/columns\/counterbalance\/2022-to-grow-4\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Portada","item":"https:\/\/oncubanews.com\/en\/"},{"@type":"ListItem","position":2,"name":"2022. To grow 4%"}]},{"@type":"WebSite","@id":"https:\/\/oncubanews.com\/en\/#website","url":"https:\/\/oncubanews.com\/en\/","name":"OnCubaNews English","description":"Revista sobre Cuba","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/oncubanews.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/oncubanews.com\/en\/#\/schema\/person\/9a6359abbf7ed27908f3cf0f8800a79b","name":"Dr.C Juan Triana Cordov\u00ed","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/oncubanews.com\/en\/wp-content\/uploads\/2018\/10\/triana-profile.jpg77badc0fc1897e750f825cce57ee00e1","url":"https:\/\/oncubanews.com\/en\/wp-content\/uploads\/2018\/10\/triana-profile.jpg","contentUrl":"https:\/\/oncubanews.com\/en\/wp-content\/uploads\/2018\/10\/triana-profile.jpg","caption":"Dr.C Juan Triana Cordov\u00ed"},"url":"https:\/\/oncubanews.com\/en\/author\/juan-triana-cordovi\/"}]}},"authors":[{"term_id":33885,"user_id":3304,"is_guest":0,"slug":"juan-triana-cordovi","display_name":"Dr.C Juan Triana Cordov\u00ed","avatar_url":{"url":"https:\/\/oncubanews.com\/en\/wp-content\/uploads\/2018\/10\/triana-profile.jpg","url2x":"https:\/\/oncubanews.com\/en\/wp-content\/uploads\/2018\/10\/triana-profile.jpg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/oncubanews.com\/en\/wp-json\/wp\/v2\/posts\/247494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/oncubanews.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/oncubanews.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/oncubanews.com\/en\/wp-json\/wp\/v2\/users\/3304"}],"replies":[{"embeddable":true,"href":"https:\/\/oncubanews.com\/en\/wp-json\/wp\/v2\/comments?post=247494"}],"version-history":[{"count":2,"href":"https:\/\/oncubanews.com\/en\/wp-json\/wp\/v2\/posts\/247494\/revisions"}],"predecessor-version":[{"id":247498,"href":"https:\/\/oncubanews.com\/en\/wp-json\/wp\/v2\/posts\/247494\/revisions\/247498"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/oncubanews.com\/en\/wp-json\/wp\/v2\/media\/247496"}],"wp:attachment":[{"href":"https:\/\/oncubanews.com\/en\/wp-json\/wp\/v2\/media?parent=247494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/oncubanews.com\/en\/wp-json\/wp\/v2\/categories?post=247494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/oncubanews.com\/en\/wp-json\/wp\/v2\/tags?post=247494"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/oncubanews.com\/en\/wp-json\/wp\/v2\/ppma_author?post=247494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}