Dr. Betancourt’s paper reviews the literature of institutional economics and discusses its relevance for analyzing the type of structural changes that are likely to occur in Cuba in the future in the post-Castro period. His discussion of the work on transaction costs, property rights, and public choice is an invitation to do research in these […]
Problemas económicos de Cuba en el período de transición
INTRODUCCION Agradezco mucho a Roger Betancourt y a todos los miembros de esta Asociación, a la mayor parte de los cuales me unen viejos lazos de afecto, haberme pedido inaugurar la cátedra Carlos Díaz Alejandro, lo que para mi constituye un gran honor y una enorme satisfacción dada la gran amistad que tuve con Carlos, […]
Comments on the Espino and Perez-Lopez papers for the proceedings
The papers by Espino and Perez-Lopez are informative useful works which provide a basis for start exploring the policy prospects for tourism and energy in a post-Castro Cuba. While I don’t have fundamental disagreements on the thrust of both works, I would have liked the authors to go further and address policy implications for a […]
Comments on Problemas económicos de Cuba en el período de transición
The first Carlos F. Diaz-Alejandro Lecture was delivered on December 28, 1990 at the “Salon de las Americas” of the Inter-American Development Bank by Dr. Felipe Pazos, our Ex. Officio President. This presentation served to raise a number of important issues concerning the Cuban economy which have served as a framework for later discussions during […]
Tables for Cuba’s Transition to Market-Based Energy Prices
Table 1, Energy Balance, 1988 Table 2. Apparent Consumption of Oil and Oil Products, 1959-88 Table 3. Energy and Sugar Trade, 1980-88 Table 4. Convertible currency exports Table 5. Consumption of Oil and Oil Products in 1988 Table 6. Structure of Consumption of Oil Products Table 7. Electric Industry Statistic.