What Type of Transition is Cuba Undergoing?
Since 1990 the Cuban economy has faced a crisis comparable with those in Eastern Europe. However, since 1995 approximately, the Cuban reform has been showing significant results in terms of economic recovery and financial adjustment. As is the case with the Chinese reform, the stabilising, privatising and liberalising measures taken in Cuba point to a reform strategy essentially different from that followed in Eastern Europe. This article shows two relevant aspects of the Cuban case: first, the Cuban reform is a transition process toward the market although forced by external circumstances and still at an early developmental stage; second, the Cuban transition is in line with the evolutionary conception of a transition.
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Volume (Year): 12 (2000)
Issue (Month): 1 ()
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- Ritter, Archibald R.M., 1995. "La dualidad del tipo de cambio en la economía cubana de los noventa," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
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- Pastor, Manuel Jr & Zimbalist, Andrew, 1995. "Waiting for change: Adjustment and reform in Cuba," World Development, Elsevier, vol. 23(5), pages 705-720, May.
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- Fitzgerald, E. V. K., 1985. "The problem of balance in the peripheral socialist economy: A conceptual note," World Development, Elsevier, vol. 13(1), pages 5-14, January.
- Murrell, Peter, 1992. "Evolutionary and Radical Approaches to Economic Reform," Economic Change and Restructuring, Springer, vol. 25(1), pages 79-95.
- Marshall, Jeffery H., 1998. "The political viability of free market experimentation in Cuba: Evidence from Los Mercados Agropecuarios," World Development, Elsevier, vol. 26(2), pages 277-288, February.
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