Hare in Latin America Adviser on Cuba’s Economic Ties
Amb. Paul Webster Hare, Senior Lecturer at the Frederick S. Pardee School of Global Studies at Boston University, was recently interviewed for an article on Cuba’s most important economic ties.
Hare was quoted in a January 18, 2018 article in the Inter American Dialogue’s Latin America Advisor entitled “Which Economic Ties Are Most Critical for Cuba?”…. Click here to read more
An excerpt from Latin America Advisor:
“Paul Hare, senior lecturer at the Frederick S. Pardee School of Global Studies at Boston University and former British ambassador to Cuba: “Less than 20 years ago, E.U. member states were the main sources of investment and tourism for Cuba. In the early 2000s, Venezuela came to dominate as Cuba’s economic and political partner of choice. That is declining fast, and Trump has reverted to an adversarial relationship. What next? Though a new political chapter is opening, E.U. companies will be wary about rushing in again. The history includes many bad debts, expropriations of E.U.-owned joint ventures and even the jailing of some business executives. Cuba is still not promoting foreign investment and the ‘self-employment’ sector, at the expense of military-run conglomerates. And without Raúl Castro as president, the government will be nervous about policy shifts, which could boost inequality and uncertainty”
Click here to view the original piece.