Addressing at this time the marketization of the economy of socialist Cuba is admittedly premature. The Cuban leadership, still firmly entrenched in the control of economic policy, has rejected all attempts at economic reforms consistent with implementation of the market system. Indeed, Castro recently equated private property with theft and vowed that Cuba would not […]

This paper presents a projection for the response of the Cuban economy to a fundamental market oriented restructuring in conjunction with a lifting of the U.S. embargo. The projection is drawn from Chapters 4 and 5 of the full study, Cuba and the New Caribbean Economic Order (Center for Strategic and International Studies, 1993), but […]

What have we learned, what have been the main lessons of the numerous conferences and studies carried out by the Blue Ribbon Commission? The conclusion is one which will not surprise any of you: If Cuba wants to prosper, it must change the system under which it operates. I think we can agree on that. […]

Cuba is in the midst of an unparalleled economic crisis. Due to the collapse of communism in the former Soviet Union and Eastern Europe, Cuba lost its major economic beneficiaries and has suffered major reductions in trade. The consequences for the economy have been devastating. To cope with the crisis, the leadership has introduced a […]