On March 12, 1996, President Clinton signed into law the Helms-Burton Act. Title III of the HelmsBurton law provides for sanctions against third-country companies, with assets in the United States, if they do business with properties in Cuba which are subject to claims before U.S. courts. [ref]Jorge A. Banales, “U.S. Briefs NAFTA Partners on Cuba,” […]

The transformation of centrally planned economies into market economies has met with varying degrees of success. In several countries the process of economic reform has not gone very far or it has stalled, and in some instances it is even in danger of being reversed. [ref]Even in Russia itself, the main challenger to Yeltsin in […]

During recent years, evolution in the Cuban economy has been witnessed. Reforms aimed at opening the external sector of the economy to foreign investors have been implemented gradually. In 1993 important market oriented reforms, such as the decriminalization of possession of dollars, drastically changed domestic policy as well. Recently, changes such as taxation of self […]

Note[ref]This paper draws heavily from the author’s article “Environmental Implications of Cuba’s Economic Crisis,” Issue Number 8, Georgetown University Cuba Briefing Paper Series (July 1995).[/ref] The economic crisis— known to Cubans as the “Special Period in Time of Peace”— has increased pressure to sacrifice environmental protection for economic profit at a time when resources to […]