Updating the cuban economic model, anec
-
Upload
1804caribvoices -
Category
Education
-
view
138 -
download
0
Transcript of Updating the cuban economic model, anec
UPDATING OF THE CUBAN ECONOMIC
MODEL
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
GDP INCREASE WILL BE 3,1 %, AGAINST 3,4 PLANNED IN 2012
ALL ACTIVITIES GROW EXCEPT CONSTRUCTION
REST OF MATERIAL PRODUCTION GROWS 4,5 %
SOCIAL SERVICES MANTAIN SAME LEVEL
PLAN FOR 2013, 3,7 %
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
CUBAN ECONOMY
NATIONAL BUDGET
TOTAL EXPENSES: 46,0 BILLIONS PESOS
EDUCATION: 19,2 %
SOCIAL SERVICES : 11 %
PUBLIC HEALTH: 15,1 %
CULTURE AND SPORTS: 4,3 %
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
CUBAN ECONOMY
BLOCKADE HAS INTENSIFIED, LOSSES REPRESENT OVER 1 TRILLION DOLLARS
PROHIBITION OF THE USE OF THE US DOLLAR
TORICELLI AND HELMS-BURTON ACTS
SECTION 211, OMNIBUS LAW
ING FINED OVER 600 MILLION DOLLARS
FLIGHTS FROM EUROPE TO CUBA, MEXICO AND CANADA
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
EXTERNAL FACTORS
EURO CRISIS
WE PAY MORE FOR IMPORTS AND GET LESS FOR EXPORTS
TOURISM HAS DECREASED: SPAIN 20 %, UK 16 %.
WEEKLY FLIGHTS FREQUENCIES FROM MADRID HAVE DECREASED IN THREE
NEW REGIONAL INTEGRATION POSSIBILITIES: ALBA AND CELAC
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
EXTERNAL FACTORS
COMMODITY IMPORTS AND EXPORTS PRICE VOLATILITY,, HAVE ORIGINATED A LOSS OF 10 BILLION DOLARS BETWEEN 1997 AND 2009.
FOOD PRICES HAVE INCREASED SINCE JANUARY: WHEAT 42 %, SOYA 35 % AND CORN 27 %
2012, FOR THE SAME VOLUME OF IMPORTS WE PAID 1,700 MM USD AGAINST 1500 MMUSD IN 2011, IN 2013, 2000 MMUSD
FINANCIAL SPECULATION HAS INCREASED 3 TIMES IN JUNE-JULY
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
EXTERNAL FACTORS
HURRICANES FROM 1998 TO 2008 BROUGHT LOSSES OF 20 BILLION DOLLARS
ECONOMIC LIMITATIONS SINCE 2005 TO FACE BALANCE OF PAYMENTS DEFICITS
LOW PRODUCTIVITY IN ENTERPRISES
LOW EFFICIENCY IN AGRICULTURAL AND INDUSTRIAL SECTORS
DECAPITALIZATION OF PRODUCTION FACILITIES AND INFRASTRUCTURE
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
INTERNAL FACTORS
A SOCIALIST ECONOMY WHERE PLANNING TAKES PRECEDENCE OVER THE MARKET
THE POPULATION SCIENTIFIC AND CULTURAL POTENTIALITY
THE TOURIST POTENTIALITY OF OUR COUNTRY DUE TO ITS NATURAL CONDITIONS AND OUR HOSPITALITY
THE GUIDELINES APPROVED BY THE 6Th. PARTY CONGRESS AND THE NATIONAL ASSEMBLY
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
STRENGTHS
ORIGINAL GUIDELINES 291 100
MANTAINED 94 32
MODIFIED OR INTEGRATED TO OTHERS 197 68
MODIFIED 181 62
INTEGRATED TO OTHERS 16 6
NEW 36 12
TOTAL GUIDELINES 313 108
CANTIDAD %
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
UPDATING OF THE CUBAN ECONOMIC MODEL PROCESS
163 000 MEETINGS AND 3 MILLION CONTRIBUTIONS
NO POLITICAL CHANGES, NO ECONOMIC REFORMS
UPDATING OF THE CUBAN ECONOMY TO CONTINUE THE ROAD TO
SOCIALISM
MAINTAIN THE BASIC CONQUESTS, IE SOCIAL SERVICES
NOT TO LEAVE ANYBODY UNPROTECTED
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
IRREVERSIBILITY OF SOCIALISM
SOCIALISM IS EQUAL RIGHTS AND OPPORTUNITIES FOR ALL CITIZENS, NOT EGALITARIAN TREATMENT
DRAFTED AND APPROVED FOR 2012-2015 WITH 55 GOALS
STUDY AND INTRODUCTION OF NEW PROFOUND POLICIES OR MEASURES, MORE COMPLEX AND WHICH LEAD US TO THE MOST PROFOUND TRANSFORMATIONS
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
ECONOMIC DEVELOPMENT STRATEGY
STARTING POINT: 313 GUIDELINES
MAIN MEANS OF PRODUCTION ARE STATE OWNED
PRIORITY TO THE DEVELOPMENT OF PRODUCTIVE FORCES
TOTAL PRIORITY TO THE AGRICULTURAL SECTOR
DEVELOPMENT OF SECTORS WHICH GENERATE INCOME: TOURISM, BIOTECNOLOGY AND PHARMACEUTICAL PRODUCTS
NEW TAX SYSTEM
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
CONCEPTUALIZATION OF THE SOCIAL AND ECONOMIC MODEL
DIFFERENT FORMS OF PROPERTY ADMINISTRATION: STATE OWNED THE MOST IMPORTANT
THE POPULATIONS MAIN INCOME SHOULD BE THEIR SALARY
CONCENTRATION OF PROPERTY WILL NOT BE ALLOWED IN NON STATE PROPERTY ADMINISTRATION OR OWNERSHIP
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
GUIDELINESPRINCIPLES
ONCE THE CONCEPTUALIZATION HAS BEEN FINISHED WE MUST ELABORATE A LONG TERM PROGRAM
IT SHOULD HAVE FIVE YEAR PROYECTIONS AND YEARLY PLANS
MACRO ECONOMIC AGGREGATES SHOULD BE DEFINED: GDP, POPULATION AGEING, SALARY REAL PURCHASE CAPACITY,MORTALITY RATE AMONG OTHERS
IT WILL DEFINE THE NEEDS FOR FOREIGN INVESTMENT AND THE VALUE CHAINS IN PRODUCTION
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
SOCIAL AND ECONOMIC DEVELOPMENT PROGRAM
PLANNING SHOULD CONTEMPLATE ALL FORMS OF PROPERTY
ADMINISTRATION AND TAKE INTO ACCOUNT THE MARKET
DECENTRALIZE THE LEVEL OF APPROVAL FOR INVESTMENT PROYECTS
SEPARATE STATE FUNCTIONS FROM THE ENTERPRISE FUNCTIONS
DECENTRALIZATION OF MANAGEMENT DECISIONS AT THE LEVEL OF THE
ENTERPRISES
BETTER COORDINATION BETWEEN THE PLAN GOALS AND THE SCOPE OF
FISCAL AND MONETARY POLICY
INTEGRAL STRATEGY TO FACE POPULATION AGEING
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
SOCIAL AND ECONOMIC DEVELOPMENT PROGRAM
PRICE POLICY:
WHOLESALE AND AGRICULTURAL PRICES ARE LINKED TO THE NEW MARKETING POLICY
FULFILL STATE CONTRACTS AND SELL THE SURPLUS AT MARKET PRICES
THIS YEAR 57 % OF AGRICULTURAL PORDUCTION WERE SOLD TO THE STATE
PRICES SHOULD TEND TO MOVE CLOSER TO WORLD MARKET PRICES
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
UPDATING OF THE CUBAN ECONOMIC MODEL
CREDIT POLICY:
RENEGOTIATE STATE ENTERPRISES DUE DEBTS TO BANKS SO AS TO FACILITATE NEW FINANCING
RISK ANALYSIS
TRANSFER THE EXTERNAL CREDIT CONDITIONS TO THE INTERNAL ECONOMY WHENEVER POSSIBLE. LIQUIDITY INCREASE
INCREASE AND DIVERSIFY CREDIT OFFERS TO THE POPULATION AND NON STATE PROPERTY ADMINISTRATIONS
47 000 CREDITS FOR OVER 300 MILLION PESOS HAVE BEEN GIVEN TO THE POPULATION SINCE LAST DECEMBER
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
UPDATING OF THE CUBAN ECONOMIC MODEL
STATE ENTREPRISES:
THEIR EFFICIENCY ARE THE KEY TO THE SUCCESS OF THE MODEL
NEW SYSTEM OF RELATIONS BETWEEN ENTREPRISES, OSDE AND MINISTRIES
GOVERNMENT BOARDS WILL BE CREATED
THE ENTREPRISE PLAN WILL BE APPROVED AT THE OSDE LEVELS AND WILL CONTAIN ONLY A LIMITED NUMBER OF INDICATORS
WIDEN SCOPE OF ACTIVITIES
THEY WILL HAVE THE NECESSARY FACULTIES
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
UPDATING OF THE CUBAN ECONOMIC MODEL
STATE ENTREPRISES:
DEPRECIATION WILL NOT BE CONTRIBUTED TO THE NATIONAL BUDGET
A FUND IS CREATED TO FACE FINANCIAL UMBALANCES AND CREATE A RESERVE FROM PROFITS TO INCREASE WAGES
THEY WILL OPERATE ONLY IN CUP
THE SELECTED ENTERPRISES WILL RECEIVE TRAINING IN 2012
THE EXPERIMENT WILL BEGIN ON JANUARY 2013
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
UPDATING OF THE CUBAN ECONOMIC MODEL
LAW DECREE 300 HAS BEEN ENACTED
LAND GIVEN IN USUFRUCT WILL INCREASE TO 13,4 HECTARES, OR UP TO 67 IF YOU HAVE OTHER LAND IN UBPC OR CPA
HOUSES CAN BE BUILT
THE USUFRUCT RIGHT CAN CONTINUE FOR THOSE FAMILY MEMBERS WHO ARE WORKING THE LAND
THE USUFRUCT IS FOR 10 YEARS, CAN BE EXTENDED FOR SUCCESSIVE SIMILAR PERIODS
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
AGRICULTURE
NEW MARKETING POLICY IN HABANA, ARTEMISA Y MAYABEQUE
TO MAKE MORE FLEXIBLE AND TO REVITALIZE SUPPLIES AND SALES TO THE POPULATION
PRODUCERS WILL HAVE DIRECT ACCESS TO MARKETS
STATE OWNED AGRICULTURAL MARKETS WILL BECOME COOPERATIVES
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
AGRICULTURE
1 MILLION 770 THOSAND HECTARES, 496 000 IDLE
1989, 540 WITH A FAVORABLE SITUATION, 1122 THAT MAY SOLVE THEIR PROBLEMS AND 327 TO DISSAPEAR OR MERGE
116 MILLIONS OF WORKING CAPITAL INCLUDED IN THE NATIONAL BUDGET WILL COVER A PART OF THEIR ACCUMULATED DEBTS
THE REST UP TO 332 MILLIONS WILL BE PAYED BACK THROUGH A 5 % TAX ON GROSS SALES BEGINNING IN 2013
BANK DEBTS WILL BE RENEGOTIATED UP TO A MAXIMUM OF 25 YEARS
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
UBPC
THEY ARE EXONERATED FROM PRESENTING A TAX DECLARATION AND PAYING TAXES FOR THE FIRST FIVE YEARS
DEBTS WITH THE TREASURY FOR 7 MILLION 800 THOUSAND PESOS WIL BE CANCELED
THEIR CCOPERATIVE STATUS IS RATIFIED AND THEY WILL WORK UNDER THEIR OWN RULES AND GENERAL ASSEMBLY
HOUSES CAN BE VALUED AND SOLD TO THE PARTNERS
PRODUCTION NOT CONTRACTED WITH THE STATE CAN BE SOLD FREELY
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
UBPC
PREFERED FORM OF NON STATE ADMINISTRATIONS
STATE PATRIMONY FACILITATED FOR 10 YEARS IN USUFRUCT, LEASING OR LOAN
LEASING EXPENSES ARE DEDUCTIBLE FROM TAXES
MEMBERS ARE PAID ACCORDING TO THEIR WORK
THE ASSEMBLY MANAGES AND THEY HAVE LEGAL PERSONALITY
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
NON AGRICULTURAL COOPERATIVES
222 HAVE BEEN APPROVED ON AN EXPERIMENTAL BASIS, SUCH AS AGRICULTURAL MARKETS, PERSONAL SERVICES, GASTRONOMY, TRANSPORT
GRADUAL PROCESS AND AFTER RESULTS A NEW GENERAL LAW WILL BE ENACTED FOR COOPERATIVES
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
NON AGRICULTURAL COOPERATIVES
GIVE MORE FLEXIBILITY
GENERALIZE IN THE WHOLE COUNTRY THE LEASING OF PREMISES FOR PERSONAL AND HOUSEHOLD SERVICES, 1045 UNITS WITH 3556 WORKERS
1183 GASTRONOMY FACILITIES WORKERS WILL BE LEASED, OF UP TO 5 WORKERS. 14 % OF THE GASTRONOMY NETWORK
NOVEMBER 2012: OVER 395 000
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
AUTONOMOUS WORKERS
NICKEL
TOURISM
BIOTECNOLOGY AND PHARMACEUTICAL PRODUCTS
TOBACCO
COFFEE
SUGAR
OTHER TRADITIONAL PRODUCTS
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
EXPORTS
MAIN EFFORT FOOD PRODUCTION STRATEGIC GOAL URBAN DEVELOPMENT OF AGRICULTURAL PRODUCTION CREDIT FACILITIES REDUCTION OF FISCAL CHARGES IN COMPARISON WITH OTHER
ACTIVITIES PRICE INCREASES FOR AGRICULTURAL PRODUCTIONS
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
SUBSTITUTION OF IMPORTS
NEW PRODUCTION FACILITIES: CIENFUEGOS REFINERY AND GNL PLANT. PETROCHEMICAL FACILITIES
SPECIAL DEVELOPMENT ZONE IN THE PORT OF MARIEL
RAILWAY FACILITIES
OIL EXPLORATION IN THE GULF OF MEXICO
SUGAR AND RICE PRODUCTION INCREASES
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
INFRASTRUCTURE
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
INFRASTRUCTURE
UPDATING THE INVESTMENT PROCESS
FACILITATE THE PARTICIPATION OF FOREIGN INVESTMENT WITH THE FOLLOWING OBJECTIVES:
• ACCESS TO ADVANCED TECHNOLOGY
• MARKET ACCESS
• MANAGEMENT SKILLS
• MIDDLE AND LONG TERM FINANCING
THE MORE YOU EARN THE MORE YOU PAY
BUDGET LAW CAN BE UPDATED YEARLY
GUARANTEE INCOME REDISTRIBUTION
BETTER COORDINATION BETWEEN THE PLAN GOALS AND THE FISCAL AND MONETARY POLICIES
GRADUAL REDUCTION OF THE LABOR FORCE SALARY TAX FROM 25% TO 5% IN 5 YEARS
EARMARK INCOME FOR LOCAL GOVERNMENTS
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
NEW FISCAL LAW
ADD NEW PRODUCTS TO THE CONSTRUCTION MATERIALS BEING SOLD TO THE POPULATION IN CUBAN PESOS WITHOUT SUBSIDIES
110 MILLION HAVE BEEN GRANTED TO NATURAL PERSONS WHO LACK LIQUIDITY SO AS TO UNDERTAKE CONSTRUCTION ACTIONS IN THEIR HOMES
CREDITS TO THE POPULATION MAINLY FOR CONSTRUCTION NUMBER 47 000 FOR A VALUE OF OVER 300 MILLION PESOS
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
ACTIONS WITH IMPACT ON THE POPULATION
FLEXIBILITY FOR THE PROPERTY TRANSFER OF AUTOS
FLEXIBILITY FOR THE PROPERTY TRANSFER OF HOUSES
THE POLICY FOR UPDATING THE WORK CODE HAS BEEN APPROVED AND IT WILL BE SUBMITTED TO THE NATIONAL ASSEMBLY NEXT YEAR
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
ACTIONS WITH IMPACT ON THE POPULATION
INSTITUTIONAL MEASURES
IMPROVEMENT OF MANAGEMENT SYSTEM AND GOVERNING BODIES
• REDUCTION AND MERGING OF MINISTRIES
• REORGANIZATION OF MINISTERIAL FUNCTIONS
• REORGANIZATION OF THE LOCAL GOVERNMENTS OF POPULAR POWER
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
SUMMARY OF MEASURES TAKEN
INSTITUTIONAL MEASURES
JURIDICAL REORGANIZATION
• 7 LAW DECREES APPROVED BY THE COUNCIL OF STATE
• 3 DECREES APPROVED BY THE COUNCIL OF MINISTERS
• 66 RESOLUTIONS AND INSTRUCTIONS ISSUED BY THE CORRESPONDING MINISTRIES
• PROCESING AND DRAFTING OF SYSTEM AND SUBSYSTEMS RULES
MASAS MEDIA COMMUNICATION WILL SPREAD INFORMATION ABOUT THE WHOLE PROCESS
ASOCIACIÓN NACIONAL DE ECONOMISTAS Y CONTADORES DE CUBA
SUMMARY OF MEASURES TAKEN