Cuba Business

Carlos Lage, Cuban economics, PetroCaribe and the FAR

Posted August 31, 2007 by publisher in Cuba Business.


Cuban Vice President Carlos Lage squashed speculation that Communist Cuba is heading toward Chinese-style reforms of its economy, in a speech to state managers published on Thursday.

Cuba will not follow the paths of other Communist-run nations, such as China and Vietnam where capitalist markets have flourished, and said Perestroika reforms failed in the former Soviet Union.

“The countries that are working to build socialism today in different parts of the world, are doing so in political and economic situations very different from ours,” said Lage, who heads Cuba’s cabinet of ministers.

“Their successes and failures should enrich our efforts, but the building of socialism in Cuba is only possible as a result of our own experience,” Lage said in the speech printed by the Communist Party newspaper Granma.


Carlos Lage meets with Ibero American Secretary:

Ibero-American Secretary General Enrique Iglesias expressed interest in Cuba’s strategies to counter economic difficulties, and asked about the business improvement system, an organizational process that some Cuban state-owned companies are implementing.

Iglesias met on Thursday with Cuban Vice President Carlos Lage, who closed a national seminar on entrepreneurial improvement, attended by 400 executives from local companies.

Lage explained that entrepreneurial improvement is a program aimed at improving the efficiency, profitability and competitiveness of Cuba’s economy by improving results in factories and industries.


and then there’s the Petro Caribe summit wrap up.

and then there’s Empresas en Perfeccionamiento and the Sinification of the Cuban Economy where Lage talks about the FAR and the bond between the government and business.

So, Mr. Lage has been a busy man. Seems like Raul is running him around getting things set up for a potential opening in the economy?

Member Comments

No comments have been posted yet.