Notes[ref]It is beyond the scope of this paper to analyze political reform in Cuba or whether political reforms should precede or follow economic reforms. As we have indicated elsewhere, we believe that a path of negotiated, gradual and simultaneous political and economic reforms is best for Cuba. A political and economic path of systemic and […]

The current Cuban situation shows just how difficult it will be for a future democratic government to commit to property restitution. Official statistics in Cuba reflect a significant shortage of family housing, an increasingly unsafe and deteriorating housing infrastructure, and a high density of families living under the same roof. Furthermore, Cuban exiles (mostly middle […]

Notes[ref]This paper is based on a previous paper by the authors, “Transition in Cuba: A Comprehensive Stabilization Proposal and Some Key Issues,” in George P. Montalván (ed.), Cuba In Transition, Volume 3 (Washington, D.C.: ASCE, 1994), pp. 11-72.[/ref][ref]The views expressed herein are those of the authors and in no way represent the official views of […]

INTRODUCTION Foreign investment, and foreign direct investment in particular, has in recent times been the driving force behind the growth and restructuring of formerly sheltered economies, and has also served as a vehicle for the internationalization of many of the world’s economies. Even though its economy remains under tight government controls, Cuba has recently joined […]

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 […]