IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

An Overview of Cuba’s Economy in the 2000s: Recuperation and/or Relapse – revised version: The Cuban Economy in the Twenty-first Century: Recuperation or Relapse? The Cuban Economy

This essay surveys and evaluates Cuba’s economic performance since its economic “melt-down” of 1989-1993, outlines the government’s policy responses, and explores Cuba’s economic prospects. By 1995, the Cuban economy began to recover with some positive results but also with continuing problems. An enduring economic recovery that allows for the recuperation of living standards and investment in social programs would require Cuban economic policy-makers to address a number of challenges. Among these are unifying the dualistic exchange rate system, increasing levels of savings and investment, expanding and diversifying merchandise exports, rethinking the policy environment for the sugar sector, redesigning the policy environment for micro-enterprise, and increasing the real value of budgetary revenues devoted to education, health and public services. Cuba’s economic management team does not appear to be addressing these issues effectively or seriously. Instead, Cuba will probably proceed on its current course for some time to come.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Paper provided by Carleton University, Department of Economics in its series Carleton Economic Papers with number 03-03.

in new window

Length: 34 pages
Date of creation: 21 Jun 2003
Date of revision: 2004
Publication status: Published: Revised version: The Cuban Economy in the Twenty-first Century: Recuperation or Relapse? The Cuban Economy, ed. Archibald R. M. Ritter, University of Pittsburgh Press, 2004, Ch. 1 (pp. 3–24)
Handle: RePEc:car:carecp:03-03
Contact details of provider: Postal:
C870 Loeb Building, 1125 Colonel By Drive, Ottawa Ontario, K1S 5B6 Canada

Phone: 613-520-3744
Fax: 613-520-3906

Order Information: Email:

No references listed on IDEAS
You can help add them by filling out this form.

This item is featured on the following reading lists or Wikipedia pages:

  1. Discussion:Économie de Cuba in Wikipedia French ne '')

When requesting a correction, please mention this item's handle: RePEc:car:carecp:03-03. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sabrina Robineau)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.