Author

Nery Ferreira

Entrepreneurship, between aspiring and being

Entrepreneurship, between aspiring and being

On Oct. 13, 2010, self-employed entrepreneurship resurged in Cuba. For the first time ever, the nation’s top leaders advocated its expansion with wide-ranging measures. However, the resurgence was different because of restrictions to the original concept. It so happens that the term, “cuentapropismo,” is too narrow for some people…




Foreign investment in Cuba: Hurry up and wait

Foreign investment in Cuba: Hurry up and wait

More than two years ago, Cuba doubled the bet to attract a greater flow of foreign capital. It no longer conceives it as “a necessary evil” or “a complement” but as an essential factor in the nation’s development. However, in dealing with foreigners, the primary philosophy seems to be to leave for tomorrow what could be done today.




Rocky road ahead for Cuba’s monetary unification

Rocky road ahead for Cuba’s monetary unification

The long-awaited Day Zero for monetary unification and exchange policy in Cuba is becoming increasingly imprecise on the calendar. Experts predict that, for the next five years, currency duality will continue to be a pebble in the shoe of the national economy.




Starwood in Cuba: Behind the façade

Starwood in Cuba: Behind the façade

Although discreet, businesses between Cuba and the United States flourish without waiting for the bilateral talks to end. In the sector of tourism, for example, a ribbon-cutting ceremony this year symbolized the transfer of management of a hotel from Cuba to a U.S. firm, the first since 1959.





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