IDEAS home Printed from https://ideas.repec.org/p/tth/wpaper/45.html
   My bibliography  Save this paper

Natural resource and service-based export performance: Cuba after 1989

Author

Listed:
  • Andres Cardenas O'Farrill

Abstract

This article sets out to examine the growth strategy promoted by the Cuban government in the aftermath of the economic crisis of the 90s. This crisis, catalyzed by the collapse of the Soviet Union and Eastern European communism, imposed on Cuba the need for both new interna-tional insertion patterns and therefore a redesign of its development strat-egy. Without reaching the pre-crisis levels, this strategy led, however, to a significant recovery of GDP during the period 1994-2008. Nevertheless, the stagnation of the tourism industry and the fluctuation of international nickel prices have made it necessary to rethink the current development strategy. Here it is argued that the strategy of mostly relying on low-tech-, natural-resource- or service-based activities will not raise the life standards of the Cuban population. A sustainable development strategy in the long term means to upgrade and introduce industries, such as bio-technology, which contain manufacturing capabilities that can prove competitive on the international level. This is consistent with the histori-cal evidence on economic development and innovation; but also with the performance shown by the Cuban economy during the last 20 years.

Suggested Citation

  • Andres Cardenas O'Farrill, 2012. "Natural resource and service-based export performance: Cuba after 1989," The Other Canon Foundation and Tallinn University of Technology Working Papers in Technology Governance and Economic Dynamics 45, TUT Ragnar Nurkse School of Innovation and Governance.
  • Handle: RePEc:tth:wpaper:45
    as

    Download full text from publisher

    File URL: http://hum.ttu.ee/wp/paper45.pdf
    Download Restriction: no

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    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:tth:wpaper:45. 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: (Oliver Lillepruun). General contact details of provider: http://edirc.repec.org/data/ahittee.html .

    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.

    We have no references for this item. You can help adding them by using 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.