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December 2006: Getting to Know the Sleepy Cayman

Changes in Cuba could impact Puerto Rico

Cuba is still a kind of black box for many of us. Despite the many cultural, historical, idiosyncratic and even familiar bonds with Cuba, Puerto Rico has no economic relations with its neighbor.  Nonetheless, after nearly five decades of a very centralized economy, some recent developments are signaling that the current socioeconomic system in Cuba is about to change. It is definitely time for us to know more about Cuba and understand the implications for Puerto Rico of the foregone Cuban transition towards a market economy. When will Cuba open? Will it entail the demise of tourism and manufacturing in Puerto Rico? Or, will this transformation open up opportunities for PR? Do not miss this interesting analysis on this very strategic issue for Puerto Rico.