Cuba’s Raul Castro takes big chance on currency reform

in 2013, AFP, College and Graduate School of Arts and Sciences, Newsmakers, Paul Webster Hare
October 23rd, 2013

Paul Webster Hare, College of Arts & Sciences

Cuba is making a big gamble as it launches its most ambitious economic reform yet, the unification of its two currencies, which analysts say could bring enormous benefits but also danger…

Expert quote:

“This is a — possibly the — big ticket item of the reforms. It has long been considered in the ‘too difficult’ box of the Cuban economy.”

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