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Old 02-19-2008, 09:00 AM
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Default The Era of Cuban Capitalism [ElephantBiz]

Fidel Castro, the infamous dictator of Cuba, announced today that he will resign as "President" of Cuba and hand the reigns to his younger brother Raul.
A TIME article from 2006 when Fidel was briefly incapacitated sheds some light on what a Raul dictatorship could bring:
Raul is also called "the practical Castro," and when and if he does succeed Fidel permanently, many Cuba watchers speculate that he'll actually bring a less confrontational, more reform-minded rule to the communist island. "I think he will try to adopt more of a China economic model, probably continuing much of the harsh political regime but allowing more private enterprise and loosening foreign investment rules," says [Brian] Latell, a senior researcher at the University of Miami's Cuba Institute and author of the recently published book After Fidel. "And I think he's also going to want better relations and more dialogue with the U.S."
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