Pocas veces el ejercicio del deber profesional se presenta asociado a un país al cual, como la República Dominicana, me unen años de trabajos fecundos compartidos con distinguidos dominicanos como Don Hipólito Mejía. En esos años, tuve la suerte de acompañar el renacimiento de la República Dominicana, tras una de las tiranías más obscuras de […]
Comments by José M. Ruisánchez on “Cuba’s New Entrepreneurs: Five Years of Small-Scale Capitalism” by Philip Peters and Joseph L. Scarpaci
The authors are commended for having accomplished a mission impossible: they have written a paper on small-scale enterprise which is informative, readable and most interesting.[ref]The paper by Peters and Scarpaci is not included in this volume. It is available in the internet at http://www.adti.net/html_files. Ed.[/ref] This is due mainly to an abundance of snapshots and […]
Economic Development in the Tropics: Fiction or Possibility
Notes1 The Asian crisis and the problems in many transition economies, especially Russia, have brought to the surface a number of issues that implicitly or explicitly involve addressing one of these two questions: Is economic development feasible for some countries? Or its variant: Under what circumstances is economic development feasible for some countries? Over the […]
Consumer Prices, Money Supply and Liberalization in Post-Communist Economies
Notes1 The paper examines the behavior of consumer prices during the transition from plan to market in the countries of Central and Eastern Europe and the former Soviet Union from 1990 to 1996. It focuses on the influence of two key explanatory variables: economic liberalization and monetary growth, both across countries of the region and […]
Comments by Roger R. Betancourt on “The Strengths and Weaknesses of Factor Analysis in Predicting Cuba’s GDP,” by Nicolás Sánchez and Miles Cahill
This paper is interesting, well written, and for the most part insightful. Nonetheless, it fails to appreciate the main weakness of factor analysis for predicting Cuba’s GDP, or that of any other command economy. The essence of the technique, as the authors clearly explain, is to gather data on a number of socioeconomic indicators (37 […]
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