Category: Informal Economy

Havana Reshapes Informal Sector

Havana Reshapes Informal Sector

If private industry is the lifeblood of national output, then Cuba is moving out of intensive care. Maybe. Havana disclosed this week that it will legalize small- and medium-sized businesses. One major gain is that now-informal entities will eventually be able to import and export legally. The road ahead is littered with  More ►