Friday, January 30, 2015

Cuba and the IMF: towards a new chapter?

After its rapprochement with the United States, the steadfastly communist Cuba could further dismantle nearly six decades of isolation by shaking hands with another old enemy, the International Monetary Fund. The IMF, the world's crisis lender but also an economic policy disciplinarian, does not have an especially good reputation in Havana. Cuba, like a number of its allies -- Venezuela and Bolivia, for instance -- regards the Fund as too married to a liberal capitalist ideology.

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