The intent is—in post-Castro Cuba—to establish bio-prospecting laboratories in the rain-forests of eastern Cuba and fund them through a combination of commercial, international agency and U.S. based federal grant funding for visiting researchers. The task of these laboratories will be to seek pharmaco­logically, medically, and agriculturally useful biochemicals among the exceptionally diverse plant, and fungal […]

Whether one agrees or disagrees with the purpose, provisions, or probable consequences of the Cuban Liberty and Democratic Solidarity Act (the Cuban Liberty Act also popularly known as the Helms-Bur­ton Law, particularly in Cuba) is beside the point. On March 12, 1996, President Clinton signed the Cuban Liberty Act into law, having previously been approved […]

Notes1 Our objectives in this paper are to carry out a study to evaluate recent trends in the tourism industry, analyze Cuba’s perspectives and quantify the economic impact of tourism policy and activities on the island’s economy. The task entailed not only an assessment of Cuba’s specific conditions, but also positioning Cuba within the broader […]

Although financial reform is a difficult first step for achieving economic prosperity, the theoretical and empirical literature demonstrate that it is also a pow­erful tool for propelling economic growth. However, the reform process is also filled with a myriad of po­tential quagmires that can jeopardize both long-term and short-term economic development in transition economies. In […]

Notes1 “Our subject has always thrived and advanced through controversy.” —Tobin (1996, p. 18). “… the need for the state itself to manage the transition process was underestimated, and seemingly forgotten was the fact that there exist many different valid ways of conducting an efficient and sustainable market economy….Among its responsibilities, the state has to […]