This volume contains selected papers and commentaries presented at the Fifth Annual Meeting of the Association for the Study of the Cuban Economy (ASCE). The Fifth ASCE Annual Meeting was co-sponsored by the North-South Center, University of Miami, and held at the James L. Knight Center, Miami, Florida, on August 10-12, 1995. The papers and […]
Cattle: The Forgotten Industry
Cattle is (or was) the oldest and most representative industry in Cuba. At least it can be considered the forgotten one. For a period of over thirty-five years the information about the cattle industry has always been incomplete, casual, incorrect, and in general, lacking the importance that it deserves within the total framework of the […]
Dual Monetary Systems in the Western Hemisphere and the Cuban Transition
When the Cuban economy begins its ultimate transition from a centralized system to a market-oriented system, the experience will be both prolonged and disruptive of normal economic activity. Policymakers must confront the need for extensive structural changes, while having to deal with equally significant political and economic stresses. The institutional arrangements chosen by the transitional […]
The Implications of Currency Substitution Experiencesin Latin America and in Eastern Europe for Cuba
Notes[ref]The author would like to thank Marcelo Figuerola and Andrew Tweedie for useful comments, and José Alonso, Jorge Pérez-López, and Joaquín Pujol for providing useful references. The views expressed here are those of the author and in no way represent the official views of the International Monetary Fund.[/ref] I. Introduction This paper assesses the experience […]
Cuban Social Security: A Preliminary Actuarial Analysis of Law #24 of Social Security
Introduction Law #24 on Social Security is the main piece of legislation defining the benefits that are covered under Social Security in Cuba. This Law, which was approved on August 28, 1979, and the subsequently adopted Social Security regulations provide the legal framework to provide old age retirement, disability, and survivor’s pensions to Cuban workers […]
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