Latin America Advisor

María José Espinosa Carrillo, executive director of the Center for Engagement and Advocacy in the Americas (CEDA): “The stated aim of the new regulations is increased order over the private sector in Cuba, but they risk undermining private-sector growth—a necessary component of the country’s economic future. The mixed nature of the reforms—some offering protection for workers while others curtail entrepreneurial freedom—signals the Cuban government’s ongoing reluctance to fully embrace private enterprise as a driver of the country’s growth. Shifting regulations create uncertainty and distrust among entrepreneurs and potential investors, hindering investment and economic progress. The Cuban people are suffering an unprecedented multidimensional crisis. Over a million people have migrated since 2022, creating a massive brain drain–the effects of which we will see for decades to come. Meanwhile, civil society organizations, entrepreneurs and…”