Articles
| Open Access |
DOI: LEGAL REFORM TARGETING THE CUBAN ECONOMY LED BY MIGUEL DÍAZ-CANEL: CRITICAL ASSESSMENT OF THE PRIVATE ECONOMIC SECTOR AND FOREIGN DIRECT INVESTMENT POLICY REFORMS
Le Lan Anh , Vietnam Institute of Americas Studies, Vietnam Academy of Social Sciences, Hanoi, Vietnam Nguyen Khac Chinh , Doctor of Economic Law, Faculty of International Law, University of Law, Vietnam National University, Hanoi (VNU), VietnamAbstract
Since becoming the president of Cuba, Miguel Díaz-Canel has carried out many reforms to revive the Cuban economy, which has suffered from illness for many years. Díaz-Canel's management measures and constitutional reforms aim to rebuild the economy, strengthen internal resources to recover and develop key economic sectors, and increase the export value of goods. This is evident in Cuba's current financial landscape. The article’s objective is to review the Cuban economy before Miguel Díaz-Canel presidency, analyze changes in legal policies for the private economic sector, and Policy reforms on foreign direct investment and international cooperation. Therefore, the article indicates the reforms aim to eliminate obstacles to economic progress, foster international economic collaboration, and attract foreign investments under Miguel Diaz-Canel's leadership.
Keywords
Cuban economy, economic reform, policy adjustment
References
Ministry of Justice (2021). Gaceta Official No. 83 Extraordinaria de 29 de septiembre de 2021. https://www.gacetaoficial.gob.cu/sites/default/files/goc-2021-ex83.pdf
Cuba Business Report (2017). Cas tellanos Mining Project Moves into Fast Gear, https://www.cubabusinessreport.com/castellanos-mining-project-moves-into-fast-gear/
Cuba Debate (2018). Conozca los aspectos principales del Anteproyecto de nueva Constitución, http://www.cubadebate.cu/especiales/2018/07/14/conozca-los-aspectos-principales-del-anteproyecto-de-nueva-constitucion/#.W05C4y2ZM8a
Gaceta Oficial de la República de Cuba, 2014, Gaceta Oficial de la República de Cuba—Ministerio de Justicia [Official Gazette of the Republic of Cuba— Ministry of Justice]: Havana, Cuba, Gaceta Oficial de la Republica de Cuba, 240p .
Jolyn Debuysscher (2023). Cuba: Re-election of President Diaz-Canel means policy continuity is expected but will be challenging amid an ailing economy, https://credendo.com/en/knowledge-hub/cuba-re-election-president-diaz-canel- means-policy-continuity-expected-will-be
EFE (2019). Cuba regulates sale of food and toiletries, https://oncubanews.com/en/cuba/cuba-regulates-sale-of-food-and-toiletries/
Marc Frank And Mario Fuentes (2021). Cuba's economic reform allows small entrepreneurs to dream big, https://www.reuters.com/world/americas/cubas-economic-reforms-allow-small-entrepreneurs-dream-big-2021-12-07/
Foreign information (2018) . Cuba attracts foreign investment to develop the mining industry, https://ttdn.vn/nhin-ra-the-gioi/cuba-thu-hut-von-dau-tu-nuoc-ngoai-phat-trien- nganh-khai-mo-15566.
Yaima Puig Meneses (2017). Por la ruta de la actualización, https://www.granma.cu/cuba/2017-08-01/por-la-ruta-de-la-actualizacion-01-08-2017-00-08-07
Article Statistics
Copyright License
Copyright (c) 2024 Le Lan Anh, Nguyen Khac Chinh
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors retain the copyright of their manuscripts, and all Open Access articles are disseminated under the terms of the Creative Commons Attribution License 4.0 (CC-BY), which licenses unrestricted use, distribution, and reproduction in any medium, provided that the original work is appropriately cited. The use of general descriptive names, trade names, trademarks, and so forth in this publication, even if not specifically identified, does not imply that these names are not protected by the relevant laws and regulations.