03 November 2010

Cubalismo ~ Is Castro Going Capitalist!?

Marc Frank writes in the FT that Cuba unveils a capitalist revolution!
"Cuba has moved to shake up its complacent labour force, with President Raul Castro putting in place the framework for a rudimentary jobs market and a small-business sector. By publishing laws governing layoffs, drastic cuts in unemployment benefits and the development of small businesses, the reform-minded president has taken the biggest steps to date to modernise the economy."
It's a start.

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