Category: Paul Webster Hare

As Cuban economy stagnates, economists press for deeper reforms

October 24th, 2014 in 2014, College and Graduate School of Arts and Sciences, Newsmakers, Paul Webster Hare, Reuters 0 comments

Hare_PaulReuters
Paul Webster Hare, College of Arts & Sciences

Some of Cuba’s best-known economists are openly questioning the very core of the Soviet-style command economy and saying market reforms under way are too modest to boost weak growth…

Expert quote:

“There is still no blueprint as to where the major state-controlled sectors will be in 5 or 10 years time.”

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Cuba, EU talks aim to reset stalled relations

April 29th, 2014 in 2014, Associated Press, College and Graduate School of Arts and Sciences, Newsmakers, Paul Webster Hare 0 comments

Hare_PaulAssociated Press
Paul Webster Hare, College of Arts & Sciences

After two decades of disagreements, failed stabs at rapprochement and mutual recriminations, officials from the European Union and Cuba were sitting down together Tuesday to discuss hitting the reset button on their soured relationship…

Expert quote:

“There’s certainly a will on the part of the EU to perhaps freshen the agenda and move to a different basis for formulating their relations.”

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Keeping up with the Joneses: People-to-people travel to Cuba

April 21st, 2014 in 2014, Al Jazeera America, College and Graduate School of Arts and Sciences, Newsmakers, Paul Webster Hare 0 comments

Hare_PaulAl Jazeera America
Paul Webster Hare, College of Arts & Sciences

At first glance, the gaggle of American tourists gathered around a bar table at the Crowne Plaza near Miami’s airport are indistinguishable from holiday makers headed to Cancún or the Caymans for a break from punishingly cold U.S. weather…

Expert quote:

“Cuba has much upside potential, but it needs many new hotels, a greater variety of facilities and much more for tourists to do.”

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Cuba cuts taxes for foreign investors

March 30th, 2014 in 2014, College and Graduate School of Arts and Sciences, Financial Times, Newsmakers, Paul Webster Hare 0 comments

Hare_PaulFinancial Times (subscription required)
Paul Webster Hare, College of Arts & Sciences

Foreign investors, who have weathered a difficult decade in Cuba, will see their profits tax fall from 30 per cent to 15 per cent and stop paying a labour tax and income tax under a new foreign investment law approved by the National Assembly on Saturday…

Expert quote:

“The law will be viewed by potential investors in a much wider context than simply new tax or employment provisions. Cuba has a scarred track record in foreign investment since the 1990s. Of the 400 foreign investment joint ventures a decade ago dozens have left or been forced out of business.”

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Cuba plans big tax breaks to lure foreign investors

March 26th, 2014 in 2014, College and Graduate School of Arts and Sciences, Newsmakers, Paul Webster Hare, Reuters 0 comments

Hare_PaulReuters
Paul Webster Hare, College of Arts & Sciences

Cuba’s government has drawn up a new foreign investment law that will cut the profits tax in half and exempt investors from paying it for eight years in an attempt to attract desperately needed capital into the communist economy…

Expert quote:

“The Cuban government has a major credibility gap to overcome with foreign investors. Investors will want evidence, not just legislation, that Cuba is prepared to allow investors to make money, employ Cubans they select and not move the goal posts when success seems to be too rewarding.”

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Venezuela Protests: A British Ambassador Explains

March 6th, 2014 in 2014, College and Graduate School of Arts and Sciences, Newsmakers, Paul Webster Hare 0 comments

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Paul Webster Hare, College of Arts & Sciences

A student leader addressing protesters in Caracas described the movement as “the people’s struggle against the inefficient government.” Is the problem merely an inefficient execution of the government as currently structured–or is the validity of the socialist form of government itself being challenged in Venezuela?…

Expert quote:

“In my view protests in Venezuela have their origins in a more deeply rooted malaise.”

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Cuba asserts American vision without US

January 30th, 2014 in 2014, BBC, College and Graduate School of Arts and Sciences, Foreign Policy, Newsmakers, Paul Webster Hare 0 comments

Hare_PaulBBC News
Paul Webster Hare, College of Arts & Sciences

This week, Cuba was converted into the focal point of Latin America and the Caribbean…

Expert quote:

“CELAC’s creation and the chairmanship for Cuba is a legacy of Hugo Chavez’s vision of a Latin America without the US.”

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Cuba’s Raul Castro takes big chance on currency reform

October 23rd, 2013 in 2013, AFP, College and Graduate School of Arts and Sciences, Newsmakers, Paul Webster Hare 0 comments

Hare_PaulAFP
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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Cuba allows tourism industry to hire private contractors

October 9th, 2013 in 2013, College and Graduate School of Arts and Sciences, Newsmakers, Paul Webster Hare, Reuters 0 comments

Hare_PaulReuters
Paul Webster Hare, College of Arts & Sciences

Cuba has authorized its state-run tourism industry to contract out lodgings, meals, excursions and other activities to private businesses in a boost to a growing “non-state” sector…

Expert quote:

“Cuba’s tourism has been stuck in a ‘state provides all’ framework for years. As a service industry small and imaginative often attracts tourists better than the ‘one size fits all,’ which has been a feature of the way the big Cuban state- and military- owned companies have run the sector.”

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U.S. and Cuba resume talks on direct mail service

September 16th, 2013 in 2013, College and Graduate School of Arts and Sciences, Newsmakers, Paul Webster Hare, Reuters 0 comments

Hare_PaulReuters
Paul Webster Hare, College of Arts & Sciences

The United States and Cuba sit down on Monday in Havana for a second round of talks on re-establishing direct mail services between the two countries after a 50-year ban…

Expert quote:

“The Cubans recognized that for any prospect of better relations they needed to avoid more long-term irritants. In Secretary of State John Kerry, Cuba should recognize someone who has previously expressed himself against maintaining a travel ban for non-Cuban Americans. So policy change might not be out of the question.”

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