The normalization of relations between the United States and Cuba brings Cuba closer to more robust integration with the global economic order. That process of integration poses both great opportunities and great challenges for Cuba. Both are likely to be felt as Cuba assumes a place on the global supply chain. In that respect, Cuba […]

Notes[ref]Thanks to Luis R. Luis, Jorge Sanguinetty and Paul Meo for their helpful comments on a previous draft.[/ref] It has been recognized for decades that Cuba’s predominant state sector is burdened by substantial levels of hidden unemployment, with far-reaching consequences for labor productivity, the fiscal position, and the interpretation of labor market statistics. Three aspects […]

On September 19, 2013, Cuban Council of State President Raúl Castro signed Law-Decree No. 313, establishing the Mariel Special Development Zone (Zona Especial de Desarrollo del Mariel, ZEDM). A few days later, on September 23, 2013, Cuba’s Gaceta Oficial published the text of the Law-Decree together with implementing regulations issued by the Council of State, […]

Los intentos gubernamentales por sacar a Cuba de la profunda crisis en que está sumida no han logrado los efectos esperados. Los resultados en la producción agropecuaria, en la prospección petrolera, el efecto limitado del trabajo por cuenta propia, la corrupción galopante y la fragilidad de la subvención venezolana forman parte de un fracaso, cuya […]