The purpose of this paper is to review the evolution after 1959 of sugar production both in Cuba and among major world producers and to assess the role which sugar could play in the Cuban economy when the political circumstances allow for a return to a market economy and access to the U.S. market. Given […]

All former communist countries undergoing transitions to market economies have faced the difficult question of whether or not to compensate those whose property had been confiscated by the previous, now deposed, regime. If a country determines that it will give compensation, it must then decide who will be eligible, how much compensation will be given, […]

It can truly be said that the magistrate is a speaking law, and the law a silent magistrate. — Cicero (106 b.c. 43 b.c.). A republic [is defined] to be a government of laws and not of men. — John Adams (1735 1826). Second president of the United States. This short essay attempts to compare […]

Notes[ref]This paper is a summary of one of the sections in Alvarez and Peña (1995). The authors would like to acknowledge the financial support of the John D. and Catherine T. MacArthur Foundation. Thanks to Pedro Pablo Acosta, Armando Alvarez Dozáguez, Jorge F. Pérez-López, Ricardo A. Puerta, Alberto Ribalta and Federico Sulroca for the information […]