Notes[ref]The author is indebted to René A. Monserrat and Carlos Quijano for important suggestions. The author remains, however, solely responsible for the content of the paper. This paper was also submitted at the CVI Annual Meeting of the American Economic Association, Boston, January 2-5, 1994.[/ref] Introduction Cuba’s economy continues to deteriorate at a fast rate […]
Non-Walrasian Properties of the Cuban Economy: Rationing, Labor Supply and Output
I. Introduction The range of opportunities to carry out empirical research on the Cuban economy is generally limited by the lack of data or by the nagging suspicion that the available data do not tell all there is to know, especially during the last thirty three years of government control of the sources of information. Economic […]
El desarrollo de una economía de mercado: El caso de Cuba
The central topic of this paper is that the implementation of a free-market-oriented economic policy in Cuba should be preceded by finely tuned institutional and legal changes. A careless or dogmatic application of general economic policy principles could generate immediate imbalances that would complicate further implementation of a transition towards a free-market system. The transition […]
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