The Failure Of The Dairy Sector In Cuba: From The Glass Of Milk To The ‘Master’ Cheesemaker / Elias Amor Bravo

Elias Amor Bravo (economist), 17 July 2018 – The National Milk Group is one of those inefficient conglomerates that exist in the Cuban state economy to control corporate production, in this case in a fundamental sector such as dairy. To cite just one example, the National Office of Statistics (ONEI) reported the value of wholesale and … Continue reading “The Failure Of The Dairy Sector In Cuba: From The Glass Of Milk To The ‘Master’ Cheesemaker / Elias Amor Bravo”

Tourism as a National Development Priority / Elias Amor Bravo

Elías Amor Bravo, Economist, July 2, 2018 — No one doubts that tourism is a top priority for the Cuban economy. Whether or not the communist authorities are managing it well is another matter. It is no surprise that President Díaz-Canel stresses “the priority of tourism for the country’s development given that it has become … Continue reading “Tourism as a National Development Priority / Elias Amor Bravo”

What Doesn’t Work in the Cuban Countryside

14ymedio, Elías Amor Bravo, economist, 18 January 2024 — Communists continue to bet on the same policies as always that have shown, again and again, their failure. What is serious is that the State press does the unspeakable by trying to justify them. This is what happened with a joint exercise of control of the … Continue reading “What Doesn’t Work in the Cuban Countryside”

The Minister of Economy Who Never Told the Truth (I)

14ymedio, Elias Amor Bravo, Economist, December 28, 2023 — The facts speak for themselves. There is more than enough evidence that Alejandro Gil, Cuba’s Minister of Economy, knew since December 2020 and then from the first quarter of 2021, that the Ordering Task* could not go well, and that it would end up being a disaster … Continue reading “The Minister of Economy Who Never Told the Truth (I)”

The Minister of Economy Who Never Told the Truth (II)

14ymedio, Elías Amor Bravo, Economist, 29 December 2023 — A good part of the State TV Round Table program was dedicated by Alejandro Gil, the Minister of Economy, to the SMEs [small- and medium-sized enterprises], of which he said that there is no stopping of the process or reprisals. Another lie. Because although it is true … Continue reading “The Minister of Economy Who Never Told the Truth (II)”

Steps Towards the Disaster of Cuba’s ‘Bancarizacion’ [Banking Reform]

14ymedio, Elías Amor Bravo, Economist, November 25, 2023 — Bancarización* (banking reform) in Cuba is becoming a one-act comedy for those who are bored with the low quality of the script and the cast that participates. Almost half a year after the approval of Resolution 111 of the Central Bank of Cuba, the conclusion that … Continue reading “Steps Towards the Disaster of Cuba’s ‘Bancarizacion’ [Banking Reform]”

About Cuban Cooperatives: Playing With Fire

14ymedio, Elías Amor Bravo, Economist, 16 November 2023 — The Cuban communists, since the early days of Fidel Castro, never willingly accepted the phenomenon of the cooperative movement and never gave it the deserved space it should have had, especially in the agricultural sector. The origin of cooperativism in Cuba after the revolution was precarious. … Continue reading “About Cuban Cooperatives: Playing With Fire”

The Regime Is Determined To Fail With Foreign Investment

14ymedio, Elias Amor Bravo, Economist, November 5, 2023 — One of the main failures of Raúl’s reforms of the Cuban economy has been foreign investment. Unreservedly. Those plans that came with the infamous Law 118 that meant a controlled opening of the Cuban economy to international capital have been very far from the objectives initially … Continue reading “The Regime Is Determined To Fail With Foreign Investment”

Who Controls the Cuban Economy?

14ymedio, Elías Amor Bravo, Economist, 31 October 2023 — It seems like a lie, but now we are entering a new phase. For communist leaders, it is already recognized that even though the blockade continues to be the main threat to the economy, “there are many potentialities in different places that are not yet exploited.” … Continue reading “Who Controls the Cuban Economy?”

Customs is Not at the Service of the Cuban Economy. Quite the Opposite

Elías Amor Bravo, Economist, 8 October 2023 — The richest areas of the planet are committed to free trade, the absence of tariffs and customs taxes. Competitiveness and tax collection are normally favored by this type of fiscal design. It so happens that in Cuba the communists go in the opposite direction, and thus, the … Continue reading “Customs is Not at the Service of the Cuban Economy. Quite the Opposite”

The Foundations of the Unproductivity of Cuban Agriculture

14ymedio, Elías Amor Bravo, Economist, 28 October 2023 — We’re back to where we started. Talking for the sake of talking. Now the regime wants to tell us how to bring agricultural products from the field to the table. And the talking has been done by none other than the Minister of Agriculture, Ydael Pérez … Continue reading “The Foundations of the Unproductivity of Cuban Agriculture”

The Balance Sheet Is Not Going To Solve Inflation in the Cuban Economy

14ymedio, Elías Amor Bravo, Economist, 21 October 2023 — Does updating the balance sheets really help to achieve more rational prices? Perhaps in communist Marxist logic, yes, but for a long time economists have known that the laws of the market are far superior to any instrument of central planning. The Cuban economy is a … Continue reading “The Balance Sheet Is Not Going To Solve Inflation in the Cuban Economy”

Agromarkets Give a Blow to the Cuban Regime’s Banking Reform

14ymedio, Elías Amor Bravo, Economist, October 6, 2023 — There is more news about bancarización.* The state press analyzes the relationship between agromarkets and electronic payments and describes it as “a union that is not yet consolidated.” It’s a good example that bancarización as a hierarchical order issued by the regime, mandatory for all, is … Continue reading “Agromarkets Give a Blow to the Cuban Regime’s Banking Reform”

‘Carlos Alberto Montaner Was the Ideal Person to be the First President of a Free Cuba’

14ymedio, Xavier Carbonell, Salamanca, 10 October 2023 — When he was 26 years old, Eduardo Zayas-Bazán was rescued from Cuba by the US Government along with 59 other soldiers, imprisoned after the failed Bay of Pigs invasion in 1961. A Camagüey native, lawyer, member of a famous criolla family – among his ancestors are José Martí’s wife, … Continue reading “‘Carlos Alberto Montaner Was the Ideal Person to be the First President of a Free Cuba’”

The Cuban Liberal Union Elects Professor Eduardo Zayas-Bazán as its New President

14ymedio, Havana, September 29, 2023 — Cuban professor Eduardo Zayas-Bazán, exiled in the United States since 1960 and author of numerous books, was named this Thursday as the new president of the Cuban Liberal Union, founded by Carlos Alberto Montaner in 1990. Born in Camagüey in 1935, into an important Cuban family to which José Martí’s … Continue reading “The Cuban Liberal Union Elects Professor Eduardo Zayas-Bazán as its New President”