IDEAS home Printed from
   My bibliography  Save this paper

The Exaggerate Socialism Of Raul’s Cuba


  • Gabriele, Alberto


Cuba’s post-revolutionary economic history was penalized by the twin sets of distortions stemming from its former, artificial trade relations with the CMEA and from the very nature of the state socialist model, let alone the severe costs imposed by the US embargo. Conversely, Cuba’s centralized resource allocation system and the consistent priority accorded to the satisfaction of basic needs were instrumental in engineering a remarkable accumulation of human capital and an extraordinary development of public services, and serendipitously endowed the country with a lingering comparative advantage in some advanced, knowledge-based services sectors. However, the tension between Cuba’s exceptional human development achievements and the weakness of their material foundation cannot be maintained indefinitely. The intrinsic deficiencies of the central planning mechanism, the need for expanding the role of the market and of monetary-commercial relations, and the inescapability of respecting the law of value and the socialist principle of distribution according to work should be fully acknowledged and translated in a structural reform program. The ultimate goal of such a program should be that of definitely superseding the traditional state socialist model, leading to a transition towards a specifically Cuban form of market socialism.

Suggested Citation

  • Gabriele, Alberto, 2010. "The Exaggerate Socialism Of Raul’s Cuba," MPRA Paper 26359, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:26359

    Download full text from publisher

    File URL:
    File Function: original version
    Download Restriction: no

    References listed on IDEAS

    1. Vidal Alejandro, Pavel & Fundora Fernández, Annia, 2008. "Relación comercio-crecimiento en Cuba: estimación con el filtro de Kalman," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    2. Gabriele, Alberto & Schettino, Francesco, 2007. "Child Malnutrition and Mortality in Developing Countries: Evidence from a Cross-Country Analysis," MPRA Paper 3132, University Library of Munich, Germany, revised Jul 2007.
    3. Fiala, Nathan, 2008. "Measuring sustainability: Why the ecological footprint is bad economics and bad environmental science," Ecological Economics, Elsevier, vol. 67(4), pages 519-525, November.
    Full references (including those not matched with items on IDEAS)

    More about this item


    Socialism; Cuba;

    JEL classification:

    • B14 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Socialist; Marxist
    • N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:26359. 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: (Joachim Winter) or (Rebekah McClure). General contact details of provider: .

    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 CitEc recognized a reference but did not link an item in RePEc 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.