Thursday, July 18, 2019
A business report on Cuba
Cuba has suffered for languish due to unsuitable macro stinting principles that serve to discourage investors from investing in the soil rather than encourage them. Cuba has in any case suffered due to restriction of trade with the linked States, because of political reasons. This has adversely affected Cubas economy, ahead(p) to its stinting growth, fluctuating over the years.The governing interference is also adversely touch the economy since about of the macroeconomic policies employ are weak. They are also aimed at benefiting the people who operate business activities in the public sector at the outlay of the private sector. The disposal also lacks a clear vision for the future, in foothold of economic development and growth goals.1.2 CHAPTER 11.3 IntroductionThis chapter aims at analyzing the general facts closely Cuba. These include a brief history, location, general economy, imports, exports, importation and export partners among other facts. It also aims at ana lyzing the appointment levels, source of employment for the majority of the people, goods produced by local industries and other basic facts about Cuba as a country.1.4 An overview of Cuba.Cuba is a country that is located on the Caribbean islands, and is reputed to be the most varied, beautiful and largest of all the islands in the Caribbean. On its southern side it is bordered by the Caribbean and the Western side, by the Gulf of Mexico. The Federal and eastern side is surrounded by the Atlantic ocean.The main imports for Cuba are machinery, food, chemicals and petroleum. The importing partners are Venezuela, Canada, China, Spain, Mexico and Italy. The main exports are health check products, sugar, tobacco, nickel, coffee and citrus. The country also produces agricultural products that include tobacco, sugarcane, coffee, citrus, beans and potatoes.1.5 Problem statementCuba has an unfavorable proportion of trade and low level of economic growth. There are also high levels of unemployment and very low levels of foreign investment. The government interferes with most business activities. The political environs is also characterized by low levels of democracy. This reputation aims at analyzing the impact of all these factors on the economic environment for Cuba and recommendations on improve the same.
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