Richard Feinberg on IFIs to Re-engage with Cuba
Feinberg: IMF, World Bank can jump-start Cuban economy
01/17/2012
Larry Luxner,
Cuba News
It’s time for international financial institutions (IFIs) like the World Bank and the International Monetary Fund to re-engage Cuba — a process that can only help the island as it embarks on painful reforms aimed at weaning Cuba’s 11 million citizens from their dependence on the state economy.” That’s the word from Richard E. Feinberg, senior fellow at the Brookings Institution and professor of international politics at the University of California San Diego.
“Drop the assumption that Cuba is a unitary actor. Rather within Cuba, there’s an epic struggle between forces of reform and the status quo,” said Feinberg. “What is normally done around the world in such circumstances? The role of the international community is not to stand on the sidelines and just throw verbal barbs, but to get our hands dirty and join in the fray.”
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Richard Feinberg is Professor of International Political Economy and Chair of the Global Leadership Institute at IR/PS. He can comment on U.S. foreign policy matters, notably with regard to Latin America and Asia, and business and economic matters.
