Skip to main content

Posts

Showing posts from June, 2026

A Second Cuban Revolution – or, A New Alliance with China?

  Buildings dilapidated for lack of construction materials, and only old cars to drive, are among the results of over 60 years of US embargo on Cuba. In June 2026, Cuban lawmakers unanimously approved an emergency package of 176 radical economic reforms . They are the most radical changes since the 1959 Revolution. Generally, these are based on the Chinese model of Market Socialism. And, as in China, the Communist Party will remain the key source of policy making.   The reforms will : ·          reduce top-down central planning ·          increase private enterprise, deregulated trade, and dismantled price controls  ·          allow import/export businesses to operate as free enterprises ·          encourage direct financial investment from its own expatriate and diaspora communities living abro...