A principios de los noventa Castro tuvo miedo. Pero estaba convencido de que la vieja guardia estalinista sería capaz de desalojar del Krenlim a Gorbachov y retomar el glorioso camino del marxismo-leninismo. Esas ilusiones se desvanecieron tras el fallido golpe de agosto del 91 y el ascenso definitivo de Yeltsin al poder. Entonces la reacción […]
La economía cubana durante el período especial
Me siento muy honrado de participar en ésta, la décima conferencia de la Asociación para el Estudio de la Economía Cubana. Casi que pudiéramos contrastar el éxito y los logros de nuestra Asociación con el descalabro económico que observamos en Cuba durante la misma década. Me toca reseñar y, poner en contexto, en forma apretada, […]
Comments by José A. Font on “Soldiers and Businessmen: The FAR During the Special Period” by Mastrapa
I was very appreciative when I was asked to participate in this session on the military in the economy of Cuba. Not only I am reconnected to the passion of my childhood — I collected toy soldiers — but now focused on a topic that requires mastering since, in most peoples’ estimation, the Cuban Armed […]
Interpreting Cuba’s External Accounts
This paper presents data from official Cuban external accounts, from the reports of the Cuban Central Bank — Banco Nacional de Cuba (BNC) until 1996, then changed to Banco Central de Cuba (BCC) — and the UN Economic Commission for Latin America and the Caribbean (ECLAC). The BCC and ECLAC figures are broadly consistent because […]
Has Cuba Definitely Found the Path to Economic Growth?
One of the distinctive characteristics of the Eastern European transition process is that GDP has behaved like a “V” since the beginning of the reform process.1 This peculiar behavior reflects the fall in production experienced during the first years of transition, followed by a recovery that seems to be permanent. Although it is impossible to […]
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