Notes1 As result of different initial conditions the economic performance responses of countries to the same policies are different… Policy prescriptions, therefore, should be less ideological and more tailored to the country’s institutional conditions and stage of transition (Sachs et al., 2000a, 40). La transición del socialismo a una economía de mercado en los antiguos […]
Recent Changes in Management Structure and Strategies of the Cuban Fishing Industry
The commercial fishing industry of Cuba is an important source of fishery products originating from the Gulf of Mexico and Caribbean region. Cuba historically fielded a large distant-water fleet that was engaged in the harvest of many worldwide subtropical and temperate pelagic fisheries stocks. Given the evolution in the global political environment of the early […]
The Mirage of Floating Exchange Rates
Notes1 During the past few years, many countries have suffered severe currency and banking crises, producing a staggering toll on their economies, particularly in emerging market countries. In many cases, the cost of restructuring the banking sector has been in excess of twenty percent of GDP and output declines in the wake of crisis have […]
Microeconomic Intermediation and Sectoral Integration in a Market Transition
Market transition theory has developed ever more nuanced methodologies for the analysis of institutional change in an economy at meso- and microlevels of analysis. Relying on several of these contemporary analytical methods, this paper will discuss obstacles to, and suggest preliminarily some theoretical and empirical approaches to the study of, the extent of causal influence […]
A Discussion on Institutional Research for a Transitional Cuba
Notes1 It is generally accepted that research, in all of its diverse modalities, is an excellent indicator of the socioeconomic level of a nation, as well as of its future direction. It is also evident that, since research is deeply rooted in the society in which it is engrained, it also reflects its values and […]
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