Cuban Economic And Social Development

The transformation of the Cuban economy over the last decade is only likely to accelerate. In this edited volume, prominent Cuban economists and sociologists present a clear analysis of Cuba's economic and social circumstances and suggest steps for Cuba to reactivate economic growth and improve the welfare of its citizens.

This book is a study of Cuba's economic development under communism over the last fifty-five years. The authors find that Cuba's socioeconomic development has gone backward since the Cuban Revolution in 1959. The authors conclude that Fidel Castro's revolution has been an economic disaster for Cuba. The book first outlines Cuba's economic position prior to the revolution. It reviews Cuba's rankings with respect to Gross Domestic Product (GDP) per capita in the 1950s and examines the strength of pre-Castro Cuba's foreign reserves and the health of its monetary system. It also presents pre-Castro Cuba's investments in health care and education and documents the island's development potential in the 1950s. The last few chapters describe the precipitous decline in all of these areas of Cuba's economy under Castro. Despite the socioeconomic catastrophe of the Castro years, the authors envision a post-Castro Cuba, where this book can provide a benchmark to measure the developmental success that the Cuban work-ethic and entrepreneurial spirit can generate in a free-market system.

Cuban Economists on the Cuban Economy was written, in part, to reveal the rigorous research conducted within the country and to clarify the different factors that Cubans emphasize in examining their place on the world economic stage. It also provides unique insights into the island’s fight against poverty, its aging population, and its trade unions. This book will be an invaluable resource for years to come.

Social and Solidarity Economy in Cuba examines the role of Social and Solidarity Economics (SSE) amidst national change in Cuba. Depicting both challenges and opportunities, this book makes a strong and sustained case for solidary and socially responsible practices in Cuba.

Seminar paper from the year 2015 in the subject Economy - Environment economics, grade: 1,7, Berlin School of Economics and Law, language: English, abstract: This paper investigates welfare effects of embargoes based on the following research question: How does the embargo of the United States affect economic and social development in the Republic of Cuba? Firstly, a general introduction and historic outline about the development of the US embargo imposed on the centrally planned island Cuba will be provided, especially focussing on the post-Soviet Union era. Secondly, a research gap has been investigated by compiling international scholars and their findings. However, recent developments are not yet addressed adequately in academic research papers, namely the re-establishment of diplomatic ties between the USA and Cuba. Further, based on Ricardo’s model of comparative advantages, the existence of a twofold discussion about trade diversity in Cuba has been identified. Thirdly, two hypotheses are raised: The embargo imposed on Cuba has more positive than negative effects on trade diversification (H1) and the embargo imposed on Cuba has negative social welfare effects (H2). In order to answer the initial research question, two conceptual models are developed about trade and welfare effects of embargoes. The latter compares GDP and GDP per capita data as measurements for selected welfare indicators for Cuba and its neighbouring countries, whereas the former compiles the country’s trade partners and trade balance. The following discussion suggests a lifting of the embargo including political concerns on both sides, negative impacts on people and economy as well as the influence of the stakeholders. Finally, future political recommendations for welfare improvements in Cuba are suggested.

Analysis of economic and social development trends in Cuba and the impact of the socialist revolution on economic growth, employment, consumption, income distribution and socio-economic conditions - examines the historical background, production indexes, economic indicators and estimates of gross domestic product, 1946-1981; studies dependence, structural change, basic needs, labour force and unemployment; includes statistical tables on foreign investment, industrial production, wages, growth rate, etc. Graphs.

This work addresses the whole spectrum of analyses of the Cuban experience and covers the entire period from the Revolutionary victory of 1959 to the present day. It attempts to anticipate future development of Cuban society.

An expert guide to Cuba’s economic opening to the outside world. Ninety miles across the Straits of Florida, an exciting new revolution is afoot. This time, instead of guerillas marching down the streets of Havana, it is a global economy that will upend Cuba. Now opening to the world, what new forms is this nascent economy likely to take? Open for Business: The New Cuban Economy, Richard E. Feinberg’s new book, examines the Cuban economy as it makes its early steps into developing a more dynamic market economy. He examines key issues like the role foreign investors will play, how Cubans will forge a path to entrepreneurship, and the roadmaps suggested by other emerging economies. As Cuba’s economy awakens from the post-Castro dream, it will do so with a flavor that is uniquely Cuban. Feinberg’s book—enriched by interviews and in-depth field research conducted over the last five years—speaks both to Cuba’s legacy and to its new horizons on the world stage.

Co-operativism and Local Development in Cuba consists of a series of pathbreaking essays on the role of co-operativism, and the new co-operatives, in the democratic transformation of Cuba and the government’s plan to update the model in the current context. The contributors are well-known specialists on Cuba, co-operativism and local development. With a shared concern for how an increased focus on co-operativism and local development can contribute to the updating of the Cuban model and the advance of socialism, the contributors to the book have placed an analysis of the issues involved in the broader context of the international co-operative movement and the ongoing capitalist development process in Latin America. Contributors include: Milford Bateman, Al Campbell, Grizel Donéstevez Sánchez, Cliff DuRand, Olga Fernández Ríos, Julio C. Gambina, Camila Piñeiro Harnecker, Sonja Novković, Dayrelis Ojeda Suris, Gabriela Roffinelli, Frederick. S. Royce, Dean Sinković, Henry Veltmeyer, Marcelo Vieta.