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Lourdes Casanova

12 January, 2016 (21:56) | News | By: eye

However, the total lifting of the trade embargo that has USA against Cuba since the 1960s would not have likely to be made soon because, it is said, that it requires the intervention of Congress and, at this point, is majority Republican, contrary to deletion, so it will be difficult. It will depend on the margin of initiative that President Obama has. This while there are who like Lourdes Casanova, lecturer in the Department of strategy of INSEAD in France, believes that a lifting of the embargo would help accelerate economic change in Cuba as long as soon as the Cuban regime would lose part of their excuse for staying in a closed attitude. But what we will see in the coming months is, according to experts, gestures by both parties because, says Pampillon, Professor of environment Economic of IE Business School in Madrid, what Cubans want at the moment is it reaching economic agreements with the US and this will prompt to change things. At the moment, Pampillon believes that only funding that is going to get on the island is from abroad, through remittances from immigrants or direct investment, as happened during the special period in areas such as tourism, cement, construction, etc. because I do not think that anyone dares to give credit by now. Along with the financing, experts consider essential to establish and respect the rights of property. Pampillon points out that it remains to see how to reassure people that their business will be yours truly and it is not going to expropriate.

It will be necessary to have laws that pick up on some system of property registration and to give legal certainty to which starts a business. He also believes that there are doubts about up to what extent want to formalize business initiatives if that means they pay taxes that are a bit one-sided. And in case outside little, permits and the bureaucracy represent, in his opinion, a brake for the management of business applications. Cubans are not accustomed to the diligence to promote entrepreneurship. Also says that an internal market that functions effectively, is required where workers of the private sector may be fueling. For example, have begun to emerge in Havana Street stalls of food, cafes, new tastes, all of them require inputs: food, beverages and others, and a functioning market is needed, says. Another challenge that the update of socialism will bring will be the formation of the public unemployed to perform a few trades as the bricklayer or plumber requiring skills rare in Cuba, where too many engineers or doctors whose formation was featured some generations ago, but now it has become obsolete. We will also need a change of mentality about the role they will play small entrepreneurs on the island’s economy.

Professionals such as doctors, officials, etc. could do with bad eyes these initiatives because they will be left out of the benefits that occur, notes Pampillon, who adds that it was precisely these misgivings which halted the reforms of the 1990s. Ultimately, Cuba to give step to new reforms that will allow to consolidate its economy, should know that this will seriously affect wing socialist ideology, which for years has been at great social cost and that to have new perspectives on economic management, this can be outdone.