Tag Archives: General Raul Castro
Foreign investors cannot hire, fire, or pay Cuban workers directly. They must go through the government employment agency which selects the workers. Investors pay the Cuban government in dollars or euros and the government, in turn, pays the workers a meager 10% in Cuban pesos. Corruption is pervasive, undermining equity and respect for the rule of law.
The views toward Cuba of many in the U.S. policy establishment have been influenced by a variety of assumptions. First and foremost, there is the strong belief that economic considerations could influence Cuban policy decisions and that an economically deteriorating situation would force the Castro brothers to move Cuba toward a market economy and eventually toward political reforms.