How Tech Promises To Radically Transform Cuba

How Tech Promises To Radically Transform Cuba

by Simons Chase According to economic development theory, technology transfer and deregulation hold great promise as a pathway for developing countries, like Cuba, to lift incomes, stimulate foreign direct investment and enhance quality of life.  To date, the ligature between this type of neoclassical growth model and actual results has been government policy supported by … Read more

Cuba’s Financial Road to Economic Transformation

Cuba’s Financial Road to Economic Transformation

Despite President Obama’s recent initiative to normalize bilateral relations, US Congress remains a major obstacle to Cuba’s decades long political and economic estrangement. The Helms-Burton Act in particular requires outstanding claims against Cuba to be resolved before sanctions are lifted – and also limits executive authority to fully lift sanctions until Cuba’s government is democratically … Read more

3 Key Elements Of Amendments To Cuba-Related Sanctions In Q1 2015

3 Key Elements Of Amendments To Cuba-Related Sanctions In Q1 2015

While President Obama has started the process to remove Cuba’s designation as a State Sponsor of Terrorism, other immediate changes to the US’s Cuba sanctions policy are already having an impact.  On January 15, the US Treasury Department and US Commerce Department issued amendments to the Cuban Assets Control Regulations (CACR) and the Export Administration … Read more

Airbnb Opens For Business In Cuba

Airbnb Opens For Business In Cuba

Last week Airbnb become one of the first U.S. companies to establish a local presence since President Obama and Cuban President Raúl Castro announced in December that they would restore diplomatic ties after more than 50 years of tension.  Presently, there are about 1,000 listings concentrated mostly in Havana.  Called casas particulares, average room rates … Read more