Search results for: Elias amor 63 measures

Cuban Pork Production Fell by More than 50 Percent in 2021, Confirming the Failure of the 63 Measures

14ymedio, Madrid, 10 May 2022 — Pork production in Cuba fell by 53.5% in 2021 compared to the previous year, to just 132.9 tons. The collapse is not a surprise, but the publication this Monday of the food production data for the previous year has left a trail of bad news for the Government, since … Continue reading “Cuban Pork Production Fell by More than 50 Percent in 2021, Confirming the Failure of the 63 Measures”

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”

Is There Anything that Works Well in the Cuban Economy?

14ymedio, Elías Amor Bravo, Economist, 2 October 2023 — How well a country operates is a reflection of how healthy its economy is. When it stalls, or begins showing signs that something might be amiss, it may be an indication that disaster is imminent. There is a common belief that the way to solve a … Continue reading “Is There Anything that Works Well in the Cuban Economy?”

The Castro Regime’s Fear of Private Land Ownership in Cuba

14ymedio, Elías Amor Bravo, Economist, 2 September 2023 — Communists don’t want a private sector in Cuba like the one that exists in the rest of the world. On numerous occasions, the Castro revolution has been interpreted as a process that extends the poverty of the population by depriving it of one of the main … Continue reading “The Castro Regime’s Fear of Private Land Ownership in Cuba”

Cuba’s Banking Reform Put on Hold and Another Experiment Bites the Dust

14ymedio, Elías Amor Bravo, Economist, August 10, 2023 — Not surprisingly, recently announced government banking regulations have aroused a myriad of fears among the business community and Cuban society at large. And the regime, which has been sensitive to any sign of social unrest since the mass protest of July 11, 2021 has not come … Continue reading “Cuba’s Banking Reform Put on Hold and Another Experiment Bites the Dust”

Cuba’s 64 Years of Agrarian Reform: Nothing to Celebrate

14ymedio, Elías Amor Bravo, Economist, 21 May 2023 — Fidel Castro activated a plan, not deviating one millimeter from its content, for seizing power in Cuba following the fall of the Batista regime. And in that plan, one of the first actions — when the execution machinery was in full swing at La Cabaña fortress … Continue reading “Cuba’s 64 Years of Agrarian Reform: Nothing to Celebrate”

Cuban Prime Minister Marrero Attributes the Terrible Results of Cuban Agriculture to the ‘Non-State Sector’

14ymedio, Madrid, 14 April 2023 — Barely two days had passed after learning that the authorities had invested 12 times less in the  agricultural sector than in business and real estate services, when the country’s top authorities urged farmers to look for “alternative solutions” due to the lack of “money to import all the resources … Continue reading “Cuban Prime Minister Marrero Attributes the Terrible Results of Cuban Agriculture to the ‘Non-State Sector’”

The Reform of Land Ownership in Cuba is no Longer Expected

14ymedio, Elías Amor Bravo, Economist, 19 January 2023 — Without a doubt, the sector of the Cuban economy worst managed by communist leaders is agriculture. Communist recipes, applied from the first moments of the revolution, with the so-called “agricultural reform,” or the creation of the harmful INRA (National Institute of Agrarian Reform), caused the collapse … Continue reading “The Reform of Land Ownership in Cuba is no Longer Expected”

Diaz-Canel is Committed to a Marxist, Critical and Anti-Capitalist Approach, that is, Revolutionary, to Solve Cuba’s Problems

14ymedio, Elías Amor Bravo, Economist, 30 December 2022 — Yes. You heard it, and it couldn’t be worse. Díaz-Canel’s last speech to the Council of Ministers has been a return to communist, Marxist and Leninist orthodoxy that has surprised everyone. Obviously, it doesn’t benefit him. A leader must be able to understand the problems of … Continue reading “Diaz-Canel is Committed to a Marxist, Critical and Anti-Capitalist Approach, that is, Revolutionary, to Solve Cuba’s Problems”

Economic Reflections on the Communist Party Plenary

14ymedio, Elias Amor Bravo, Economist, 10 December 2022 — Cuban communists are privileged. Not only because they hold all the power in the nation, but also because they do what they want, without giving explanations, and then in their congresses they erase any responsibility. This is what happened in the recent Political Bureau of the … Continue reading “Economic Reflections on the Communist Party Plenary”

The Cuban Regime Takes the ‘Doberman’ of the Embargo for a Walk at the United Nations

14ymedio, Elías Amor Bravo, Valencia, 3 November 2022 — There is no doubt about it. The Cuban communist regime has taken the fierce U.S. embargo/blockade for a walk in the United Nations, which it keeps for the appropriate occasions. As of now, it achieves international attention in this forum of nations. And, if there is … Continue reading “The Cuban Regime Takes the ‘Doberman’ of the Embargo for a Walk at the United Nations”

Cuba’s Economy: Less Control, More Freedom

14ymedio, Elias Amor Bravo, Economist, October 22, 2022 — There is not a single country in the world whose leaders spend as much time, or consume as much energy, revising and perfecting systems for monitoring and controlling the economy as Cuba. If one were to add up all the hours dedicated to this task, they … Continue reading “Cuba’s Economy: Less Control, More Freedom”

The Argument of the Embargo and the Ridiculousness of the Cuban Communist Regime

14ymedio, Elías Amor Bravo, Economist, October 16, 2022 — When a government ignores economic problems, it does so for two reasons. Either because of incompetence, or because there are substantive reasons that prevent the adoption of appropriate measures to meet social demands. Or it can happen as in communist Cuba, where the two converge. For … Continue reading “The Argument of the Embargo and the Ridiculousness of the Cuban Communist Regime”

The Cuban Economy is Not Growing… and is Getting Worse and Worse

14ymedio, Elías Amor Bravo, Economist, 13 October 2022 — Along with the inflation of the CPI in Cuba last August, the other data that have come to cast dark shadows on the nation’s economic landscape is the growth in GDP recorded in the second quarter of the year. Economists must be attentive to these intense … Continue reading “The Cuban Economy is Not Growing… and is Getting Worse and Worse”