Cuba’s economy is state-controlled, with tourism, healthcare exports, and agriculture as key sectors. Market competition is minimal due to centralized planning and limited private enterprise. Public policies focus on gradual economic liberalization, though progress is slow. Regulatory frameworks are rigid, deterring foreign investment. Cuban society is well-educated, with strengths in healthcare and biotechnology. Education systems are robust, though economic hardships affect resources. Healthcare is world-renowned but faces infrastructure challenges due to resource constraints. Climate risks, including hurricanes and rising sea levels, threaten agriculture and tourism. Cuba’s economic future depends on structural reforms and increased international engagement.
