Note[ref]An earlier version of this paper was presented at the workshop on “The Future of Economic Reforms in Cuba” organized by Shaw, Pittman, Potts & Trowbridge, Washington, D.C., April 10, 1995. The views expressed in this paper are the author’s and not necessarily those of the International Monetary Fund.[/ref] Since 1990, the Cuban economy has […]
Russia and the IMF: The Political Economy of Macro-stabilization
For the past three and a half years, the Russian reformers have been struggling with the gigantic task of stabilizing the Russian economy while transforming it into a modern and efficient structure able to compete in international markets and respond to the needs of the Russian people. They have travelled a long distance. Since January […]
Economic Policy in Cuba’s Transition to a Market Economy: Lessons from the Russian Experience
When the movement of economic reform started in Eastern Europe just a few years ago, policy makers were in uncharted territory: there were no historical precedents to guide them in the task of transforming a centrally planned economy into one based primarily on the operation of markets. When the political conditions for such a transformation […]
Comments on Problemas económicos de Cuba en el período de transición
The first Carlos F. Diaz-Alejandro Lecture was delivered on December 28, 1990 at the “Salon de las Americas” of the Inter-American Development Bank by Dr. Felipe Pazos, our Ex. Officio President. This presentation served to raise a number of important issues concerning the Cuban economy which have served as a framework for later discussions during […]
Long-Term Objectives and Transitional Policies: A Reflection on Pazos’ Economic Problems of Cuba
I am grateful to Armando Linde and Kent Osband for helpful comments on an earlier draft. The views expressed in this paper are those of the author and in no way represent the official views of the International Monetary Fund. In the first Carlos F. Díaz Alejandro lecture presented before a recent meeting of the […]
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