Economy

Key political risks to watch

January 4, 2012

Reuters‘ near term alert to key politcal risks to monitor in Cuba: Resolution of outstanding short-term debt. Signs of increased interest in foreign investment. U.S. inspection of drilling rig. Results of Repsol’s exploratory well. U.S. pressure to stop the drilling. Furthermore, on international relations: A planned Papal visit in March and improved ties with Brazil are bright [...]

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Female colonel is GAESA VP

January 3, 2012

Juventud Rebelde revealed in this article published last week that a female colonel, Ania Lastre Morera, is first vice-president of the Cuban military’s powerful business holding company, GAESA — Grupo de Administracion Empresarial S.A. (Enterprise Management Group Inc.). (Image: Military rank of Colonel, FAR.)

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Investing in Cuba is highly risky

January 1, 2012

Dun & Bradstreet’s Country Risk Services forecasts plans to modernise the economy [in Cuba] will help to limit firms’ losses and improve performance, however, assesses the country as a high risk associated with the “overall political, economic and commercial performance” for 2012.

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New Cuban political elite

December 4, 2011

Eusebio Mujal-León, professor and former chair of the Department of Government at Georgetown University and the director of the Cuba XXI Project, has written an excellent article (published in the Journal of International Affairs’ Fall/Winter ’11 issue on the authoritarian state) analyzing the new Cuban political elite and exploring how power is distributed between the country’s military [...]

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Cuba in 2012

November 30, 2011

I received today The Economist‘s The World in 2012 issue, whereby it forecasts the following for Cuba: Market forces and private enterprise will take on a greater role in the economy, under the strict guidance of Cuba’s Communist Party. It aims to shift 1m workers off state payrolls over the coming years, phase out rationing [...]

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Preconditions for political violence in Cuba

November 17, 2011

Three months ago, the Canadian government’s Economic & Political Intelligence Centre at Export Development Canada—EDC (Canada’s export credit agency, which helps Canadian exporters and investors expand their international business) issued its political outlook on Cuba: Raúl Castro’s pragmatism has resulted in investment and cooperation agreements with a variety of countries. Companies from several countries are also building [...]

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