About this ebook
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Raúl Castro is changing Cuba. Recognising the limits that the Soviet style economy places upon the Cuban people, he is allowing the market greater freedoms. A new, private sector is emerging and is expected to employ around 25% of the labour force by 2015.
What will these changes mean for foreign business and for Cuba's position on the global stage?
As there doesn't seem to be a Castro successor and the party is pressured by the younger generation and the digital world, where will Cuba be in ten years time?
This report will reflect on the likelihood and impact of political and economic change on the island - essential reading for anyone involved in the region.
Sections include:
Revolution in retreat
The deal's off - growing inequalities
Hasta la vista, baby - a disappearing population
Edging towards capitalism - slow reform
Grandmother's footsteps - political change
The Miami mirror - Cuba and Miami
The biological factor - what next for the Castro dynasty?
Raúl Castro is changing Cuba. Recognising the limits that the Soviet style economy places upon the Cuban people, he is allowing the market greater freedoms. A new, private sector is emerging and is expected to employ around 25% of the labour force by 2015.
What will these changes mean for foreign business and for Cuba's position on the global stage?
As there doesn't seem to be a Castro successor and the party is pressured by the younger generation and the digital world, where will Cuba be in ten years time?
This report will reflect on the likelihood and impact of political and economic change on the island - essential reading for anyone involved in the region.
Sections include:
Revolution in retreat
The deal's off - growing inequalities
Hasta la vista, baby - a disappearing population
Edging towards capitalism - slow reform
Grandmother's footsteps - political change
The Miami mirror - Cuba and Miami
The biological factor - what next for the Castro dynasty?
About the author
Michael Reid joined The Economist in 1990 as Mexico and Central America Correspondent and in 1994 changed to cover consumer industries. In 1996 he moved to Sao Paulo to be the Bureau Chief and in 1999 returned to London as Americas Editor. Prior to this, he was based in Lima, Peru working for The Economist, the Guardian and the BBC. His book Forgotten Continent: The Battle for Latin America's Soul was published by Yale University Press in November 2007. Mr Reid has been interviewed on the BBC World Service and BBC Radio 4 PM, amongst others.
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