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In an attempt to quell popular anger over soaring prices, Havana has imposed price caps on the private sector for six basic consumer goods. This may help fight inflation somewhat…
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DOI: 10.1108/OXAN-DB288398
ISSN: 2633-304X
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At the same time, private businesses have been allowed to import as never before. New privately owned shops caters to those with hard currency, but for most people the economic…
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DOI: 10.1108/OXAN-DB281234
ISSN: 2633-304X
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Geographic
Topical
Expectations for 2024 suggest lower inflation than last year, but risks persist. The OECD forecasts moderate GDP growth, highlighting inflation and interest rate concerns. Minimum…
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DOI: 10.1108/OXAN-DB284490
ISSN: 2633-304X
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The 2018 currency crisis left the economy in one of the deepest downturns of the last decade, repeating the cyclical pattern in place since 2011 of one year of growth followed by…