Talkin’ ‘Bout a Revolution

Prepared by:Chris Boyd Shawn CowgellJonathan Lord Rebecca Oliver

Flag of the 26th of July Movement

February 02, 2009

Talkin’ ‘Bout a Revolution (cont.)

Trade Obstacles within Castro’s Regime Lack of legal system to enforce

commercial contracts

Lack of a banking system to offer credit

No private-property rights

Burdensome Labor Laws Non-Cuban partners cannot hire, fire, or pay

workers directly

Talkin’ ‘Bout a Revolution (cont.)

Why do you think the Cuban government requires non-Cuban businesses to hire and pay workers only through the government?

Talkin’ ‘Bout a Revolution (cont.)

Do you think it is ethical for non-Cuban businesses to enter into partnerships with the Cuban government? Why or why not?

Talkin’ ‘Bout a Revolution (cont.)

Talkin’ ‘Bout a Revolution (cont.)

“See Cuba before Castro dies,”

How do you think that the transition to a market economy in Cuba would be the same as, or different from, the transitions now taking place in Russia and China?

Talkin’ ‘Bout a Revolution (cont.)

Why do you think the United States maintains such a hard line against doing business with Cuba?

TRADE

Talkin’ ‘Bout a Revolution (cont.)

Cuba’s Convertible Pesos

FrontBack

Talkin’ ‘Bout a Revolution (cont.)

Do you think this embargo is in the United States’ best interests? Why or why not?

48% YES48% YES 40% NO40% NO

Cuba holds 30% of the world’s reserves of nickel

Cuba exports 75% of its nickel to Europe, using it in stainless steel and other alloys

Canada’s Sherritt International Corp., is currently the biggest nickel mining firm in Cuba

Sherritt has Castro’s approval to develop beach resorts and strengthen communications and transport networks

Talkin’ ‘Bout a Revolution (cont.)