WASHINGTON D.C. – Three years ago, the approval of a legal framework for private small and medium-sized enterprises (“SMEs”) in Cuba represented a glimpse of hope in otherwise bleak times. While far from optimal, new openings appeared to finally signal the Cuban state’s recognition that a deeper role for the market and private enterprise was […]
Contrary to some speculation, the island continues to see a large number of entrepreneurs operating outside the umbrella of the state, the authors write. The recent rollout of long-awaited measures from the Biden administration to support Cuba’s private sector has reignited debates about the role of the island’s non-state actors. First announced in 2022 but […]