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1 – 10 of 12Price hikes for petrol, electricity, water and gas are among several adjustment measures that will drive up living costs, compounding already high inflation. Meanwhile…
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DOI: 10.1108/OXAN-DB285006
ISSN: 2633-304X
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CUBA: Economic reforms will see rising inequality
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DOI: 10.1108/OXAN-ES211318
ISSN: 2633-304X
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CUBA: Western Union departure will compound suffering
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DOI: 10.1108/OXAN-ES257793
ISSN: 2633-304X
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The economy, however, is in dire straits. Widespread shortages of everyday supplies are reminiscent of the crisis that followed collapse of the Soviet Union in the 1990s. Economic…
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DOI: 10.1108/OXAN-DB254181
ISSN: 2633-304X
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This step is essential to advancing the country’s economic reform agenda, but it promises to be tricky, putting pressure on inefficient state companies, threatening savings and…
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DOI: 10.1108/OXAN-DB257017
ISSN: 2633-304X
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CUBA: Government moves to contain business success
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DOI: 10.1108/OXAN-ES223642
ISSN: 2633-304X
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The long-postponed move is essential but will send shockwaves through the economy. Inflation and currency flight will soar. Salary and pension hikes will be quickly eaten up by…
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DOI: 10.1108/OXAN-DB258191
ISSN: 2633-304X
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Rapprochement and reform efforts.
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DOI: 10.1108/OXAN-DB214493
ISSN: 2633-304X
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The move comes as Cubans face a severe economic crisis and increasing hardship that is driving record outward migration. The collapse of Russian tourism and increased fuel and…
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DOI: 10.1108/OXAN-DB270520
ISSN: 2633-304X
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The release of the 32-page document follows the historic visit of US President Barack Obama in March, and the PCC congress in April, which the government used to reaffirm the…