The Cuban Economy in the Age of Hemispheric Integration

In: Journal of Interamerican studies and world affairs, Band 39, Heft 3, S. 3-47

Abstract

While the Latin American economies have been undergoing profound economic reforms in a political context marked by multiparty democracy and free elections, the Cuban government has adamantly rejected meaningful change. During the second half of the 1980s, as the majority of countries in the Western Hemisphere liberalized their economies and rolled back government intervention, Cuba moved in the opposite direction. Since mid-1993 and while in the depths of severe economic crisis, the Cuban government has taken some tentative steps towards liberalizing the economy, but has remained firm on the single-party character of the regime.