2002
DOI: 10.1017/s0022216x02006429
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Whither the Cuban economy after recovery? The reform process, upgrading strategies and the question of transition

Abstract: Where is the Cuban economy heading? The economy has been recovering at an average rate of four per cent per year since 1994 (after GDP declined by 35 per cent between 1989 and 1993). Many reforms have been undertaken in the direction of a market economy, but it is far from clear what kind of economy the Cuban ruling party has in mind after recovery. This article discusses the successes and shortcomings of the reform process in Cuba since the downfall of communism in Europe and the Soviet Union. It also address… Show more

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Cited by 31 publications
(18 citation statements)
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“…The table and the figure thus show a low estimate and a high estimate. 1 For the period 1958-1965 I have relied on my own earlier estimates (Brundenius, 1984). There is not much controversy for this period.…”
Section: Growth Performance Revisitedmentioning
confidence: 99%
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“…The table and the figure thus show a low estimate and a high estimate. 1 For the period 1958-1965 I have relied on my own earlier estimates (Brundenius, 1984). There is not much controversy for this period.…”
Section: Growth Performance Revisitedmentioning
confidence: 99%
“…Sources: see text; calculations based on Brundenius (1984), Pérez-López (1987), ECLAC (2008), JUCEPLAN (1977); ONE (2002; 2008).…”
Section: Growth Performance Revisitedmentioning
confidence: 99%
“…Tourism averaged 15% annual growth between 1990 and 1999, and is credited with pulling the country out of its worst economie crisis (Brundenius 2002). During the 1990s one fifth of total investment in the country was concentrated in the international tourism sector ($3.5 billion), and hotel capacity tripled (Peters 2002).…”
Section: Growth Of the Cu Ban Tourism Industrymentioning
confidence: 99%
“…The share of international tourism in balance-of-payments income rose from 4% at the beginning of the 1990s to 43% in 1999-more than any other industry. Gross income from tourism multiplied eight-fold between 1990 and 2000, increasing an average of23% every year (Brundenius 2002 ). Total estimated gross tourism revenues for 2000 were US$1.…”
Section: Growth Of the Cu Ban Tourism Industrymentioning
confidence: 99%
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