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Article Evaluation

International Trade

• The Information provide about International trade is relevant to the article and there was nothing distracting me from the important information in this article. The article remained very neutral as it stated facts about international trade about its advantages, disadvantages and differences from domestic trade. The view points were underrepresented because there is not enough elaboration on international studies in this article. Also the sources are not very reliable. Some of the sources redirect me to dictionary.com instead of an actual source of information about this topic. In the talk page the conversations expand to topics about international finance and international economics but they also emphasize that there needs to be more input in this article.
• Tourism in Cuba, Capital

Entrepreneurship Topic Draft

Cuba is in the process of updating their socio-economic model and Entrepreneurship is crucial component of the progression of the model. In fact, the introduction of Entrepreneurship was largely influenced by the increasing demand for  goods and services in Cuba. The state sector would not be able to supply for this increasing demand in Cuba. One of the goals of socio-economic reform the government is reaching for is decreasing the payroll from the state sector by 20%. Even though this goal has not been reached yet, the decrease is caused by the expansion of the Entrepreneurship sector. The employment in the state sector has decreased by 13%, however, self employment has increased by 187% (Gonzalez-Corzo). Cuba’s reform policies were created to improve the socio-economic system’s ability to function but also decrease financial expenses in the State government (Gonzalez-Corzo). Reform socialism is the cause of these implementations of policies and changes in government that affect the socio-economic system. Under Reform socialism, “The socialist state would control the commanding heights of the economy, regulating the market mechanism by manipulating investment credits, amortization rates, depreciation allowances, interest rates, prices, wage structures, and other macroeconomic controls.” (Gonzalez-Corzo). Also, the purpose of Reform socialism is to develop the state of the economy by changing government policies while maintaining the foundation of the political economy. This allows the self employed to make more decisions without being constrained by the state government. “Reform socialism permits some degree of political liberalization but maintains the Communist Party’s political monopoly (Chilosi 1992; Kornai 1992; Nove 1989). Likewise, it allows the introduction of some market-based performance metrics (e.g., profits, and material incentives) to improve enterprise efficiency, and the reduction, but not the complete elimination, of centralized decision-making (Gonzalez-Corzo). These reforms go in the direction to promoting and advancing the self employment sector, however, there are many limitations that the government still imposes that restricts their growth.

Entrepreneurship in Cuba

Cuba is in the process of changing their socio-economic model and Entrepreneurship is crucial component of this process. Under reform socialism implemented by Raul Castro, “Cuba’s socialist government would control the major industries in the economy, directing the market mechanism by changing investment credits, amortization rates, depreciation allowances, interest rates, prices, wage structures, and other macroeconomic controls.” (Gonzalez-Corzo). “Reform socialism keeps the foundation of the socialist system in place, however businesses have more political freedom under this reform (Chilosi 1992; Kornai 1992; Nove 1989). One of the goals of socio-economic reform entails the government decreasing its payroll by 20%. The purpose of Reform socialism is to develop the economy by changing government policies while maintaining the foundation of the political economy. This allows the self employed to make more decisions without being constrained by the state government. Likewise, it allows “the introduction of some market-based performance metrics (e.g., profits, and material incentives) to improve enterprise efficiency, and the reduction, but not the complete elimination, of centralized decision-making” (Gonzalez-Corzo). [Great! Is this your language or a quote? The language in this sentence is noticeably different from other sentences.] To date, employment in the state sector has decreased by 13%. Meanwhile, self employment has increased by 187% (Gonzalez-Corzo). I invented this sentence by combining the following two. In fact, the introduction of Entrepreneurship was largely influenced by the increasing demand for  goods and services in Cuba. The state sector would not be able to supply for this increasing demand in Cuba. With the changes in government that has loosen the restraint of political regulations on businesses, there are still limitations that control the expansion of the self employment sector ranging from: funding for businesses, business education and no access to foreign investors that are interested in these companies.

Draft 2

• Here's an example of what I meant on my talk page. Shalor (Wiki Ed) (talk) 20:14, 24 October 2017 (UTC)

Cuba is in the process of changing their socio-economic model and entrepreneurship is crucial component of this process. During his term as the 18th Cuban President, Raul Castro has implemented reform socialism. Under this system Cuba's government would retain much of their former power, however one of the reform's goals is to decrease the government payroll by 20%. Businesses will be given more political freedom, such asinsert an example of one of this freedoms.

Entrepreneurship Draft 2

Cuba is in transition of changing their socio-economic model and entrepreneurship is a crucial factor of this process. The classical socialist system previously implemented in Cuba was defined by its political monopoly. State ownership was a major factor in this system as the government would own all businesses or the major industries of Cuba’s economy. This would mean private business owners would have no control over their companies under this political system. During his term as the 18th Cuban President, Raul Castro has implemented reform socialism. Under this system Cuba’s government will continue to have much of their former power, although one of the reform’s objectives is to lower the government payroll by 20%. Business will gain more political freedom such as decreased government regulations and expansion of the employment sector outside of the government. Cuba has only been able to decrease government payroll by 13% so far however, self employment has increased significantly by 187%. In fact, the introduction of Entrepreneurship was largely influenced by the increasing demand for  goods and services in Cuba. The state sector would not be able to supply for this increasing demand in Cuba. With the changes in government that has loosen the restraint of political regulations on businesses, there are still limitations that control the expansion of the self employment sector ranging from: funding for businesses, business education and no access to foreign investors that are interested in these companies. The purpose of Reform socialism is to develop the economy by changing government policies while maintaining the foundation of the political economy. This allows the self employed to make more decisions without being constrained by the state government. Even so, the main concepts that are retained from the previous socialist system withhold entrepreneurs from their global economic potential.