Popular Participation And Socialist Renewal In Cuba In A Time Of Crisis
Central to Cuba’s strategy is the recognition that economic stabilization cannot be imposed from above. Deputy Prime Minister Oscar Pérez Oliva Fraga emphasized that the Program operates through continuous monitoring, debate, and public discussion. This reflects the realities of Cuba’s economic situation. As a small and trade-dependent economy, the country faces enormous distortions caused by the U.S. blockade and by its forced exclusion from the international financial system. The economic war’s intensification—including Cuba’s placement on the U.S. list of state sponsors of terrorism—severely obstructs banking operations, investment flows, and basic trade.