Tag Archives: Jorge Dominguez

The Cuban Economy in a New Era

Recently retired Harvard University professor Jorge Dominguez taught at the school from 1972 to 2018. Over the course of his career, Jorge Dominguez has authored and edited a wide range of books and articles on political science and international affairs. One of Dr. Dominguez’ most recent projects was co-editing The Cuban Economy in a New Era.

Subtitled “An Agenda for Change toward Durable Development,” the book features contributions from leading Cuban economists who have been collaborating with Harvard scholars for more than a decade. The Harvard University David Rockefeller Center for Latin American Studies published the book in 2017 for distribution through the Harvard University Press.

The Cuban Economy in a New Era begins by examining a range of challenges within the Cuban economic system, including its bankrupt sugar industry and dilapidated public infrastructure. The book then outlines possible solutions to Cuba’s economic woes in areas that include macroeconomic policy, central planning, state enterprise management, and partnerships with global financial institutions.

New U.S. Policies Target Cuban Socialism While Hurting Entrepreneurs

Jorge Dominguez
Image: people.fas.harvard.edu

As a Harvard University professor emeritus, Jorge I. Dominguez, PhD, brought focus to Latin American politics while expanding the institution’s presence in international affairs. One of Dr. Jorge Dominguez’s areas of focus was on developing a fuller understanding of, and explicating, the complex social and economic underpinnings of Cuba’s oft-dysfunctional communist government.

A recent article in Quartz brought attention to recent moves by the Trump administration to restrict movement of people and cash between Cuba and the United States. The new policies announced by National Security Advisor John Bolton include severely restricting U.S. travel to Cuba and limiting the amount of money Cuban Americans can send to family members in Cuba to $1,000 per three-month period.

Many of the existing sources of hard currency revenue and capital are in tourist sectors such as hotels, restaurants, tours, and travel guides. With Cuba at high risk of losing Venezuela as an oil-backed economic patron, food and fuel shortages are an increasing concern, and continuing economic stagnation looms large.

Unfortunately, the effect of the new U.S. policies will be most impactful against a nascent community of entrepreneurs who have responded to economic liberalization in recent years. The post-Castro government is one that has weathered six decades of crippling embargoes and knows about subsistence survival.

Travel restrictions are likely to prevent the emergence of an alternative to “stagnant state-owned enterprises.” Additionally, by pushing Cuba away, the U.S. will effectively incentivize the communist country to forge stronger ties with China and Russia.

Avocado Price Spike Foreshadows Impact of Mexico Border Closing

Jorge I. Dominguez, PhD, is a retired Harvard University professor who has an extensive background as a Latin American scholar. As Antonio Madero Professor for the Study of Mexico, Dr. Jorge I. Dominguez has brought particular attention to the social and political issues impacting life in an emerging economy.

A recent MarketWatch article drew attention to the dangers inherent in President Donald Trump’s recent threats to close the US border with Mexico due to a surge in migrants from Central America.

A specific example is the popular Haas avocado, which jumped in price by more than 50 percent after the possibility of a complete border close became likely. Based on US Agricultural Department data, the wholesale prices of a carton of standard-sized avocados entering through Texas spiked to $44 in early April, from under $30. With the US importing some 90 percent of avocados from Mexico, the reliance on imports this year has been particularly acute, given a smaller-than-expected yield from Californian avocado crops.

Unfortunately for border protectionists, avocados are far from the most significant product entering the United States. The US auto industry is heavily reliant on parts made in Mexico for assembling vehicles, and many packaged food manufacturers source ingredients from Mexico. Other sectors with supply chains that would be adversely impacted by a border closure include technology, health care, and energy.

The bottom line is that many US business groups, facing what would be a major economic disruption, are arraying against a border closure that would impact commercial trade.

Raul Castro Gives Speech at Communist Cuba’s 60-Year Celebration

 

Jorge Dominguez
Image: people.fas.harvard.edu

Former Harvard University professor Jorge Dominguez served as the chair of the Harvard Academy for International and Area Studies. Over the course of his academic career, Dr. Jorge Dominguez authored several publications on Cuba, its communist politics, and its relations with the United States.

On January 1, 2019, Cuba celebrated the 60th anniversary of the communist revolution spearheaded by the late former president Fidel Castro. In commemoration, 87-year-old Raul Castro, the brother of Fidel and the first secretary of the ruling Communist Party, delivered an address to the Cuban people and the world in which he reiterated Cuba’s openness to diplomatic engagement while criticizing the resurgence of confrontation by Washington. He particularly cited the current US administration’s dissemination of “falsehoods” to discredit Cuba and blame it for various ills in the region.

Dressed in full military attire, Raul Castro highlighted how, over the 60 years, Cuba had shown that it would not be cowed by threats. He followed by reiterating the island nation’s commitment to peaceful co-existence and its openness to economically beneficial trade. The widely publicized address was given at Santiago de Cuba, the burial site of Fidel Castro.