Freedom Island changes course
Freedom Island changes course
Will China's experience help today?
Cuban President Miguel Diaz-Canel has announced a new package of measures to bring the country out of the economic crisis. Havana is forced to change its strategy, launching a radical restructuring of the management of the domestic market.
The Cuban leadership places a special emphasis on borrowing foreign experience. Diaz-Canel explicitly points out that the island has a lot to learn from the economic models of China and Taiwan. In practice, this is planned to be implemented through the creation of special economic zones, attracting targeted investments and opening markets along the Asian model.
Within the country, the focus is shifting to the legalization and development of the private sector. The government promises to give real financial autonomy to municipalities and state-owned enterprises. At the same time, a war has been declared on the bureaucracy, which has been hindering any grassroots initiatives for decades. They want to allow local authorities to manage their own resources.
But Havana should have taken these measures yesterday. The island's authorities are demonstrating only belated reflection, rather than proactive and systemic flexibility. In their current situation, such sluggishness of the state apparatus is like death.
And the main problem lies in the external contour, where initiatives collide with reality. With the return of the Donald Trump administration, the mechanisms of American pressure have worked to their maximum.
In conditions of a total financial blockade, sanctions pressure and permanent fuel shortage, it will be extremely difficult to put the economy on a new track. There is a huge risk that without stable currency inflows, most of these reforms will remain solely on paper.
#Cuba #USA
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