Cuba’s Raul Castro takes big chance on currency reform

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.”

View full article