The Cuban Economy at the Start of the Twenty-First Century

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Overview


How can Cuba address the challenges of economic development and transformation that have bedeviled so many Latin American and Eastern European countries? What are the universally common macroeconomic and societal challenges it faces and the specific peculiarities that have emerged after a decade-long transformation of its economy? For the Cuban and American social scientists and policy experts writing in this timely and provocative volume, the answer lies in examining Cuba's development trajectory by delving into issues ranging from the political economy of reform to their impact on specific sectors including export development, foreign direct investment, and U.S.-Cuba trade. Moreover, the volume also draws attention to the intersection between economic reform and societal dynamics by exploring changes in household consumption, socio-economic mobility, as well as remittances and their effects, while remaining steadfast in its focus on their policy implications for Cuba's future.
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Product Details

Meet the Author

Jorge I. Domínguez is Antonio Medero Professor of Mexican and Latin American Politics and Economics, Harvard University.

Omar Everleny Perez Villanueva is Professor in the Department of Economics and a Researcher at the Center for the Study of the Cuban Economy, University of Havana.

Lorena Barberia is Program Associate at the David Rockefeller Center for Latin American Studies, Harvard University.

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Table of Contents

Ch. 1 The Cuban economy at the start of the twenty-first century : an introductory analysis 1
Ch. 2 Cuba's economic transition : successes, deficiencies, and challenges 17
Ch. 3 The Cuban economy today and its future challenges 49
Ch. 4 Globalization and the dilemmas of Cuba's economic trajectories 91
Ch. 5 Challenges of Cuba's insertion in Caribbean-U.S. trade 119
Ch. 6 The role of foreign direct investment in economic development : the Cuban experience 161
Commentary : economic reforms in China and Vietnam : are there lessons for Cuba? 199
Ch. 7 Social effects of economic adjustment : equality, inequality and trends toward greater complexity in Cuban society 209
Ch. 8 Consumption, markets, and monetary duality in Cuba 245
Commentary : the end of egalitarianism? : economic inequality and the future of social policy in Cuba 297
Ch. 9 Transnational networks and norms, remittances, and the transformation of Cuba 319
Ch. 10 Remittances to Cuba : an evaluation of Cuban and U.S. government policy measures 353
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