Author

Ricardo Torres

Not adapting to its societal changes

Not adapting to its societal changes

At the start of 2017, Cuba is in many ways a very different country than in 1990. Two-and-a-half decades of major events have deeply marked a nation convinced that it occupies a singular place in the world.


The Cuban economy in 2016

The Cuban economy in 2016

It’s the first drop since 1993, when the Cuban economy hit bottom during the crisis known as the ‘Special Period’. Cuba’s economic growth went into negative space in 2016. This should not be underestimated; the decline of the real GDP by 0.9 percent is an unfavorable result.


After the emotion, reflection

After the emotion, reflection

Fidel’s physical disappearance should not be a pretext for Cuba to cling to stale formulas that have proved to be ineffective. The challenges are huge and the future looms like an uphill struggle. Because of this, the present stage requires more concentration than ever before.


Lessons from a bad decision at a troubled time

Lessons from a bad decision at a troubled time

The reports that have circulated in recent weeks about the situation of private restaurants (“paladares”) in Havana have raised concerns about the government’s commitment to the decisions adopted at the Sixth and Seventh Congresses of the Cuban Communist Party.


No more drama. Action.

No more drama. Action.

Cuba’s economic trajectory is one that registers an incapacity to generate enough hard currency to cover the nation’s requirements for economic and social development. While hardly exclusive, specific factors converge here that determine its recurrence, extent and possible solutions.


A crucial moment for Cuba’s tourism industry

A crucial moment for Cuba’s tourism industry

Two very different roads lie when forecasting the future of the tourism industry on the island. One will take Cuba to little more than expanding the scale of the last 25 years. The other foresees a more diversified and differentiated destination: an unrepeatable mix that protects both the environment and the country’s patrimony.


The Cuban economy in 2015


The Cuban economy in 2015


The economic data for the end of 2015 — scant as they were — left a bittersweet taste in Cubans’ mouths. There was a mixture of good and not-so-good news.


Cuba and the international financial institutions: Has the time come?

Cuba and the international financial institutions: Has the time come?

In recent years, the issue of Cuba’s incorporation into international financial institutions has slipped into the debate over the island’s economic outlook.


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