Cuba’s Emerging Self-Employed Entrepreneurs: Recent Developments and Prospects for the Future
Vol. Volume 19, Number 3 September/2014
Mario A. González-Corzo & Orlando Justo
This paper examines the evolution of Cuba’s self-employed entrepreneurs since the sector has been officially-recognized alternative to State sector employment in 2010. Despite the expansion of authorized self-employment activities, and the implementation of gradual economic reforms to “update” the country’s socialist economic model, since 2010, Cuba’s emerging self-employed entrepreneurs still face a series of constraints and limitations, such as an onerous tax system, underdeveloped banking and financial sectors, lack of access to organized input markets, and a still hostile business climate that hinder their ability to expand and contribute to the country’s economic growth. .
Entrepreneurship in transition economies; developing countries; Cuba.