Explainer - The state of Raul Castro's economic reforms in Cuba


  • World
  • Tuesday, 17 Apr 2018

HAVANA (Reuters) - President Raul Castro’s efforts to modernize Cuba's Soviet-style centrally planned economy have borne mixed results, with some initiatives moving forward, others stalled and still others either scuttled or yet to begin.

The effort can best be viewed as building on policy changes Cuba initiated after the fall of the Soviet Union, for example allowing foreign investment and some mom-and-pop businesses.

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