Download Cuban Economists on the Cuban Economy by Al Campbell PDF

By Al Campbell

Brings jointly a few of Cuban's such a lot fashionable economists to ascertain Cuba's fiscal heritage and study adjustments in coverage in the course of the years because the cave in of the Soviet Union.

Show description

Read Online or Download Cuban Economists on the Cuban Economy PDF

Best caribbean & latin american books

Contemporary Caribbean Cultures and Societies in a Global Context

The Caribbean ranks one of the earliest and so much thoroughly globalized areas on the earth. From the 1st second Europeans set foot at the islands to the current, items, humans, and concepts have made their long ago and forth among the area and different elements of the globe with unequal yet inexorable strength.

Latin America After Neoliberalism: Turning the Tide in the 21st Century?

A primer at the social and monetary adjustments sweeping throughout modern Latin the US. "Where have the commercial rules succeeded? this isn't an issue of ideology, it really is political, technical, an issue of sensible judgment. "—Manuel López Obrador, Mexican presidential election front-runnerBeginning within the Eighties, Latin the US grew to become a laboratory for the tips and guidelines of neoliberalism.

A Manual for Manuel

His first political novel.

Authority and Authorship in V. S. Naipaul

This booklet lines the ways that difficulties of imaginitive authority and authorship constitution the fiction and non-fiction of V. S. Naipaul and resonate in postcolonial literature. Imraan Coovadia argues that the post-colonial societies Naipaul reviews in novels such asA Bend within the RiverandGuerillasare outlined through the fragility in their authority.

Additional info for Cuban Economists on the Cuban Economy

Sample text

One option to relax this constraint is foreign investment, but such investment must always be monitored to ensure it provides more help to the recipient economy than harm. The other option is to try to 12 Al Campbell increase its generation of foreign exchange by reducing its imports (import substitution) or increasing its exports (export promotion). The high import coefficient for much of Cuban production reinforces the problem of imports, since the desired goal of increased growth itself rapidly increases imports, making the reduction of its import coefficient a contributory economic goal.

Chapter 3, by Nancy A. Quiñones Chang, is directed to Cuba’s changing trade and foreign investment behavior and patterns connected to its insertion in the international economy since 1990. Borrowing can effect a short- and even medium-term resolution of an unfavorable foreign-exchange gap. ” Borrowed money can put to work unutilized capital or labor resources (which Cuba certainly has had during the Special Period). If the country can then sell the output internationally, it can pay off the loan with revenue left over.

The aging population is a much greater economic problem for Cuba than for first-world countries because of its lower per capita GDP and labor productivity. It is a much greater problem for Cuba than for typical third-world capitalist countries because of Cuba’s ideological commitment to ensuring state-supported well-being for anyone with inadequate personal means or family support. Socialist ideology has always held that under capitalism the well-being of working people at their workplaces must necessarily be low,16 and a central reason for transcending capitalism is to achieve continual improvement in human well-being.

Download PDF sample

Rated 4.72 of 5 – based on 46 votes