Archivo de Counterbalance

Archivo Counterbalance

 The reform of the socialist state enterprise is a fundamental component in the updating of the economic model. Photo: Roberto Ruiz.

Speaking of enterprises and entrepreneurs (I)

The Cuban entrepreneurial world has experienced a significant diversification in recent years. For some that diversification is the logical way for the Cuban economy to adapt to the new conditions in which it has to live and develop; in the … Continued

Por en Columns, Counterbalance

When water returns to the ground

Cuba has no water problems. That affirmation, just like that, in such a categorical way, is by someone some time ago. What called attention is that who affirmed something like this was an educated person, someone who had studied and … Continued

Por en Columns, Counterbalance

The science making machine (II)

A few days ago baseball player Alfredo Despaigne batted a homerun that allowed Cuba to classify for the second round of the World Baseball Classic. Despaigne, luckily for the Cubans living in Cuba, has a contract with Japanese teams and … Continued

Por en Columns, Counterbalance

Photo: Ismario Rodríguez

Major U.S. Companies in Cuban Market

It is true that several U.S. companies have signed agreements with Cuban state enterprises. Some of them are in the front line of their business sector. This group of new agreements can be viewed from many angles. I will try … Continued

Por en Columns, Counterbalance

Mariel Special Development Zone, in Artemisa, Cuba, during its inauguration on January 27, 2014. Photo: Adalberto Roque / AFP.

The gerund and the economy

Time is very important, perhaps the most important of all the magnitudes. Even for the economy. Moreover, we Cubans have adopted a special way of referring to time through gerunds, that is, with the “ing” ending. Actually, it wasn’t in … Continued

Por en Columns, Counterbalance

Photo: Kaloian

Foreign investment, open the other leaf

It was Goyo who called my attention about a very interesting daily event when he said to me: “Have you noticed that the P route buses have a front door that has two leafs and the drivers almost always keep … Continued

Por en Columns, Counterbalance, Economy and Business

Photo: Claudio Pelaez Sordo

Cuba’s economic growth does not depend on Washington

Just some days ago the Emily Morris Academy published an article sustaining that Cuba is not facing a failure, but rather a challenge. The challenge is the currency reform. In its text it also defended the thesis that the Cuban … Continued

Por en Columns, Counterbalance

Photo: Miguel Ángel Romero

Can the Cuban economy grow 2 percent in 2017?

President Raúl Castro said so himself on December 2015, and later during the second session of the National Assembly in June 2016: that the year that has just closed would be the worst of the last five years in terms … Continued

Por en Columns, Counterbalance, Economy and Business

Stiglitz and the Cuban economy

We economists once again had the luck and the privilege of having in Cuba U.S. economist, professor in diverse universities and Nobel Economic Sciences Laureate Joseph Stiglitz. Fourteen years ago, invited to one of the events on Globalization and Development … Continued

Por en Columns, Counterbalance

Photo: Miguel Ángel Romero

I’ve learned how to read and write

He actually didn’t know what all that meant. The uniform, the beret, the lantern, all that seemed as big as the very sun to him. She, on the other hand, was the same sister as always, but now wearing attire … Continued

Por en Columns, Counterbalance


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