What’s Next for Cuba as Castro Hands Over Power
Apr 11, 2018 | 09:00 GMT
(JAIME BLEZ/AFP/Getty Images)
- Miguel Diaz-Canel, who appears set to take power from President Raul Castro on April 19, will emulate his predecessor in retaining tight control over the island's political system and economy.
- Because of Venezuela's severe decline, Cuba will seek to find another key source of foreign revenue, such as U.S. tourists, to prop up its ailing economy.
- Havana will try to overcome the U.S. trade embargo, which prevents more tourists from visiting. But if the embargo disappears, the inflow of revenue and the factionalization created by a more inclusive political system will drive instability.