Interview: U.S. uses economy as geostrategic weapon, Cuban expert says

HAVANA, April 13 (Xinhua) -- The United States uses economic policies as geostrategic weapons, bringing chaos to the world economy, a Cuban expert said here in a recent interview.

America's Zero-Sum Economics aims to divide and fragment the world economy for geopolitical and geoeconomic reasons, which "seeks to increase conflicts in all areas and aims to reestablish industrial jobs not abiding by economic reasons but by national security affairs instead," said Luis Rene Fernandez Tabio, senior expert at the Center for Research on the International Economy of the University of Havana.

"It is all about economic policies subordinated to geostrategic foreign affairs policies based on neoconservative conceptions," he said.

Neoconservative conceptions aim to use powerful economic tools in the contest for world hegemony, the expert said, noting that the policies are intended to hinder Chinese development and the transformations deriving from the reshaping of the world's economic and political order.

These policies generate inflation and negatively affect innovation and progress, said the expert. At the global level, they harm the development of robotics, artificial intelligence, and different fields of economy and society, he said, adding they also focused on blocking China's development, particularly in the field of computing.

Fernandez moreover said that the economic policies also affect U.S. internal demand and the competitiveness of its exports, as they replaced the most competitive products and supplies with others produced within its borders at a higher cost.

The academician also noted that the policies are not in keeping with the principles and goals defended by the United States after World War II, noting that these are promoted by a neoconservative and reactionary sector of the U.S. dominant class.

Some U.S. allies might step back from the U.S. policies that hamper their economic well-being, industries, and socioeconomic conditions of people, he added.