Contradictory policies mean one step forward and one step back for Cuba’s ailing economy
August 13, 2018
Mimi Whitefield, Miami Herald
The Cuban government has said it wants more foreign investment, that it can’t afford to keep so many Cubans on the payroll of inefficient state industries, and it needs more revenue to help its stumbling economy. But some economists say recent economic moves seem contradictory to realizing those goals and that new regulations governing the island’s private sector also fly in the face of meeting the island’s economic challenges.