Cuban Economists Unveil Blueprint to Overhaul Economy

On July 20, five independent Cuban economists released a 120‑page document titled “Cuba Transformation,” presenting a detailed plan to replace Cuba’s current economic model with a market‑oriented social economy guided by democratic rule of law. The authors—Mauricio de Miranda Parrondo, Pedro Monreal González, Omar Everleny Pérez Villanueva, Ricardo Torres Pérez, and Pavel Vidal Alejandro—argue that the island’s severe crisis stems from the exhaustion of its existing system rather than external sanctions, noting that GDP forecasts remain below 2014 levels and investment is far under the Latin American average while external debt exceeds 130 % of GDP.

The proposal, supported by the Cuba Study Group and the Observatory on the Cuban Economy, outlines three phases: an initial three‑year stabilization stage focused on energy, food production, inflation, the foreign‑exchange market and expanding the private sector; a second phase aimed at productive recovery; and a final phase for institutional reform and consolidation of a new development model. It explicitly rejects copying the Chinese or Vietnamese pathways, instead advocating a social market economy with accompanying political and institutional changes. The document is presented as a draft blueprint, not a government program nor a direct response to recent measures announced by Cuban authorities.