In May 1997, the Cuban government officially announced the creation of the Central Bank of Cuba, as part of a package of financial sector reforms. As pointed out in a recent study by ECLA, the Central Bank of Cuba inherited from the former National Bank of Cuba the exclusive responsibility for issuing money as well […]

En un futuro próximo la comunidad internacional tendrá que enfrentarse a un proceso de tránsito de la sociedad cubana hacia la democracia y una economía de mercado. En dicho proceso intervendrán, además de los diferentes grupos que componen la población cubana actual, los países que han estado involucrados en los acontecimientos contemporáneos de la Isla. […]

The institutional underpinning of successful market economies is a topic that is receiving increasing attention in the economics profession. When asked why living standards improve in some countries and not in others, until about ten years ago most economists would, I think, have focused mainly on the availability of educated people, the state of health, […]

Notes1 This paper is on the assistance that may be required from various international organizations to support the Cuban transition after Castro’s demise in the light of the experience accumulated by these organizations in the last decade. Therefore, it is assumed that a Transition Government has replaced the present regime. Furthermore, it is also assumed […]

Este trabajo propone ciertas ideas para la constitución de la Tercera República de Cuba cuyo propósito es mantener un balance entre el desarrollo económico y la justicia social, y al mismo tiempo evitar la concentración de poder dentro del estado. Estas propuestas son estratégicas y a largo plazo y tienen la intención de mantener un […]