Cuba is pursuing economic reforms, drawing inspiration from market policies in Vietnam and China.
6 reports, 4 independent
Updated Jun 21
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What happened
Cuba is pursuing economic reforms, drawing inspiration from market policies in Vietnam and China.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.The institutional framework is limiting the viability of economic reforms in Cuba.1 source
Cuba's economic reforms are reportedly looking toward the successful models of China and Vietnam.1 source
Cuba is implementing economic reforms, drawing inspiration from market policies in Vietnam and China.1 source
Cuba announces economic reforms using Vietnamese and Chinese models to tackle severe economic crisis.1 source
Keep exploring
Part of
Cuba is attempting to move its economy forward through reforms, but the viability of these changes is being limited by the existing U.S. embargo.Also in this story
- Banking system failures and difficulties faced by an individual in Cuba.
- Cuba's National Assembly approved 176 economic measures, which the US described as superficial smoke signals.
- Allegations surface regarding the political situation in Cuba, including the leadership of Batista and Castro, and alleged collusion between American companies and the CIA.
- Private banks in Cuba are now operating under the supervision of the central bank, leading the push for major economic and social reforms.
The entities involved
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Cuba
sovereign state situated on an island in the Caribbean Sea
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Vietnam
country in Southeast Asia
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China
cultural region, ancient civilization, and nation in East Asia; mostly refers to the People's Republic of China in political situation and rarely refers to the Republic of China
Related events
- The collapse of the Soviet Union is being paralleled with the current economic reforms taking place in Cuba.
- Independent economists proposed a policy roadmap for Cuba's future, analyzed by academic groups including the Harvard Working Group.
- Marrero Cruz led a seminar on economic reforms, introducing a new policy consolidating domestic trade sales in Cuba.
- Intensifying crackdown in Cuba amid severe economic crisis.
- US policy aims for irreversible political change in Cuba.