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Friday, March 8, 2019

A business report on Cuba

Cuba has suffered for long due to contradictory macro economic principles that serve to discourage investors from investing in the nation rather than encourage them. Cuba has also suffered due to restriction of trade with the get together States, because of political reasons. This has adversely affected Cubas economy, leading to its economic growth, fluctuating oer the years.The organisation interference is also adversely affecting the economy since most(prenominal) of the macroeconomic policies applied atomic number 18 weak. They are also aimed at benefiting the stack who operate business activities in the public sector at the disbursal of the private sector. The government also lacks a clear vision for the future, in terms of economic development and growth goals.1.2 CHAPTER 11.3 IntroductionThis chapter aims at analyzing the general facts most Cuba. These include a brief history, location, general economy, imports, exports, importing and exporting partners among differen t facts. It also aims at analyzing the employment 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 every the islands in the Caribbean. On its southern side it is bordered by the Caribbean and the westward side, by the Gulf of Mexico. The northern 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 medical products, sugar, tobacco, nickel, coffee and citrus. The country also produces agricultural products that include tobacco, sugarcane, coffee, citrus, beans and potatoes.1.5 enigma statementCuba has an unfavorable balance of trade and secondary level of economic growth. thit her are also high levels of unemployment and very low levels of foreign investment. The government interferes with most business activities. The political surround is also characterized by low levels of democracy. This paper aims at analyzing the impact of all these factors on the economic environment for Cuba and recommendations on improving the same.

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