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Thank you everyone that supported the event! We met 132% of our goal and our fundraiser writ lar... gofundme.com/LASP2015?pc=tw…
We are 75% of the way to our goal! Thank you all that supported! The big event is just 7 days aw... gofundme.com/LASP2015?pc=tw…
New foreign investment law more flexible than previous on but still keep some of the old restrictions #SAISCuba #Cuba #economicreforms
Structural reforms generally positive but obstacles and taxes create disincentives and impede progress #SAISCuba #Cuba #Economicreforms
#Cuba missing GDP growth targets for past 4 years #SAISCuba #economicreforms
Labor laws --> foreign firms pay wages of its employees to Cuban govt in foreign currency, govt pays workers a fraction in pesos #SAISCuba
Development Zone in Port of Mariel expected to attract big investors but labor laws restrictive #SAISCuba #Cuba #economicreforms
#Cuba says it needs $2.5 B annually to spur growth; new foreign investment law in 2014; despite stated freedoms, more of the same #SAISCuba
168,500 "donated" homes between '11 & '13 - a way for #Cubans to circumvent restrictive home sale laws #SAISCuba #economicreforms
Purchasing power of Cubans is very low. It takes 21 years of average wages to buy a house #SAISCuba #Cuba #economicreforms
95% of Cubans own their home but new construction is less than population growth. Housing deficit = 600K units, Dr. Mesa Lago: more like 1M
Cuban obstacles - insufficient microcredit, wholesale markets still experimental, taxes very high #SAISCuba #Cuba #economicreforms
Cuban obstacles - 1.8M workers to be dismissed by 2015. University grads cannot be self-employed in thier profession #SAISCuba
Farmers can only hire family mbrs or coop seasonal workers; investment only allowed on 1% of the land. Laws still too restrictive #SAISCuba
77% of usufruct farmers lack experience in agriculture; Marabú covers 50% of land but state credit cannot be used to clean it #SAISCuba
#SAISCuba Econ reforms: Land remains in state hands, farmers get a 10 yr contract but can now have a house and barn. Is this an improvement?
17 days to go and more than half way there! I can't thank everyone enough for your support.... gofundme.com/LASP2015?pc=tw…
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