Latin American Economy & Business - June 2014 (ISSN 1741-7430)

Cuba: Market experiment on a (smaller) island

Regional Economic Overview by LatinNews 26 June 2014 2945 views

At the beginning of June, the Cuban government started another liberalisation experiment, by allowing the creation of a private agricultural wholesale market, where farmers can buy and sell agricultural supplies. Initially, the experiment is confined to Isla Juventud, a small island off the south-west coast, with a population of 60,000. Depending on the results, it may then be rolled out nationally.

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