Cuba, Competition and the Caribbean
News Americas, LONDON, England, Weds. April 9, 2014:
On March 29 Cuba’s National Assembly passed a new foreign investment law. Its content has far reaching implications for the future economic organisation of the country. It has also stimulated a lively public and private debate in the rest of the Caribbean about whether it represents a new economic challenge to others in the region.
Unusually, the changes that the new law contains had been widely trailed in Cuba’s national and provincial media before its passing. This was because of its contentious nature within Cuba and the challenge it offered to many Cuban conservatives’ belief in the need to maintain full control over national sovereignty and economic decision making. Continue reading