Cuban economy Archives - Americas Quarterly

In Cuba, the private sector's SMEs (small and medium-sized enterprises), allowed only since 2021, are flourishing.

The Upside of Helping Cuba’s Private Sector

The United States could help strengthen Cuban businesses, and slow migration flows in the process.

The U.S. can play a key role in supporting Cuba's private businesses, such as this privately-owned vegetable market in Havana.

How the U.S. Can Support Cuba’s Emerging Private Sector

The Biden administration can take four key steps to increase support for Cuban entrepreneurs.

Double Trouble: Currency Unification in Cuba

After nearly 20 years, the dual currency system enacted by Cuba to help mitigate the economic shock from the collapse of the Soviet Union is set to be retired. As part of the government’s efforts to develop the country’s socialist economy, the Cuban government recently announced that it would unify its complicated currency system. In … Read more

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