COUNTRY ANALYSIS:

CUBA
POLITICAL/ LEGAL FACTORS

• Communist state & Legal structure is based on socialist

law

• Administrative decisions are made by Raul Castro

• Pro-communist rule prompted to government to develop

ties with China, Russia, Iran, Venezuela; all of which are
of strategic disadvantage to the US

• The ideals of the revolution are supported by a majority

of Cubans, and even those who do not support Castro
ECONOMIC FACTORS

• Dual Currency System •Imports goods: food (more

• Money comes in from than half the caloric intake),
tourism and pharmaceutical petroleum, machinery and
industry equipment, and chemicals

• Since the collapse of the •FDI is limited and mostly in

Soviet in 1990, the form of joint ventures
government has begun to
open its recessed economy
to foreign investment •US embargo is slowly being
lifted
• Exports include sugar,
nickel, tobacco, fish, •The population is still not
medical products, citrus and conditioned to the ‘capitalist’
coffee way of doing business
SOCIAL/CULTURAL FACTORS

• Suffrage is 16yrs & compulsory Military service from 17-

23 yrs

• Used to living in close quarters as housing is a major

problem. Privacy is not as important as in other cultures

• Women are treated on par with men

• High incidence of teenage pregnancy and thus many

young single mothers. The domestic unit is multi-
generational and centered around women

• The socialist ideals are propagated right from childhood

via education. Literacy is 100% for basic education and
the state pays for higher education.
INFRASTRUCTURE/ TECHNOLOGICAL FACTORS

• Infrastructure in the rural areas is bad.

• Fixed telephone line density at less than 10 per 100 people

• Wireless service must be paid in convertible pesos. The

domestic cellular service rates are higher than monthly
salaries. Wireless expansion at only about 2 per 100 persons

• Few Cubans have computers. They don’t have the home

phone lines needed to dial into a network or ISP

• Internet accounts are available only to foreigners, or to favor

Cubans for research purposes. The government set up a
Cuban intranet, which is all that is available in schools and
universities
Business Prospects

• Sugar industry

• Pharmaceuticals

• Construction
THANK YOU

Shrey joshi