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 […]
Prospects for Cuba’s Entrepreneurs after Transition: A Comparative Analysis
The engendering of the spirit of entrepreneurship in a population is one of the most essential prerequisites for successful transition. The limited reappearance of self-employment in the Cuban economy has brought the question of the future of Cuban entrepreneurship under a new light. Almost immediately after economic reforms legalizing some forms of self-employment were passed, […]
The Structural Transformation of the Cuban Economy: A Report of the Last Twelve Months
Over the last 38 years, quantitative and institutional information on the Cuban economy have typically been fragmentary and incomplete. The serious observer or investigator must reconcile his or her understanding of what is happening with reports that are vague and contradictory. That is why formal or scientific investigation of the Cuban economy is very difficult […]
Cuba: Cooperación internacional de emergencia y para la recuperación
Notes1 “Llegaron los días difíciles actuales en que predominan las carencias materiales, se produce una indeseada diferenciación social y aumentan las ilegalidades ….. La lista de los problemas es enorme. Las limitaciones en alimentación, vestido, calzado, medios de higiene y medicamentos; los apagones y la carencia de combustible doméstico; las graves dificultades en transporte, vivienda […]
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