The folly of investing in Cuba

[El Presidente]

 

Good article. 

The folly of investing in Cuba

 

"In terms of business operations, there are problems galore. Foreign firms present in Cuba can attest that their operations are challenged by many factors. These include government bureaucracy, the slow pace of decisionmaking and the inability to hire workers and pay them directly. Cuban law generally requires that foreign investors hire workers via public agencies known as “hiring entities” (entidades empleadoras). Low levels of worker productivity and high levels of absenteeism also characterize the Cuban workforce."

CONTINUED

[Murphestopheles]

It really is tragic what that country has to deal with.