The PRS Group



Reforms Implemented To “Save” Cuban Socialism

Since taking over as president on a permanent basis in 2008, Raúl Castro has undertaken a self-described effort to “save” Cuba’s socialist system by introducing various market reforms. To date, that program has included the establishment of non-agricultural cooperatives, the legalization of private farms and small businesses, the recognition of private ownership of homes (and right to buy and sell), and the relaxation of restrictions on travel outside of Cuba.

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Japan's Commitment To Reform Uncertain

When Prime Minister Shinzo Abe and the LDP were returned to power in late 2012, the victory was attributed less to enthusiasm for the winners than to frustration with the incumbent DPJ. However, the LDP’s comeback was completed at upper-house elections held in July 2013, at which voters registered a clear vote of confidence in the prime minister and his government’s program of monetary easing, fiscal stimulus and structural reforms that has been dubbed “Abenomics.”

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Russia’s Empowered Putin Unlikely to Retreat from Protectionism

The continued dominance of the ruling United Russia party was confirmed yet again at regional and local elections held on September 8. The opposition made a strong enough showing in major cities to suggest that President Vladimir Putin and his allies cannot take victory for granted in urban areas, but elsewhere, United Russia’s position appears to be pretty much unassailable.

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Substantive Changes in Iran Will Be Limited

A decade-long trend toward an increasingly conservative makeup of all of Iran’s most powerful political institutions was disrupted at the presidential election held in June 2013. Hassan Rowhani, the lone moderate among the six candidates vying to succeed Mahmoud Ahmadinejad, emerged the victor, winning slightly more than 50 percent of the first-round vote.

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