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Like many other Latin American countries, Cuba pursued a strategy of debt-led growth in the mid-1970s and sustained large balance of payments deficits with the West. Though external balance was restored by 1979, Cuba faced a severe liquidity crisis in 1982 when short-term loans were suddenly withdrawn. The author surveys Cuba's seemingly exceptional ability to decrease its foreign debt after 1980, to meet interest payments on time, and to maintain an overall programme of growth with equity

Frontmatter -- Contents -- Acknowledgments -- Introduction: Identity and Struggle in the History of the Hispanic Caribbean and Central America, I8so-I9So -- Central America -- "That a Poor Man Be Industrious": Coffee, Community, and Agrarian Capitalism in the Transformation of El Salvador's Ladino Peasantry, I8so-I900 -- "jVana Ilusi6n!": The Highlands Indians and the Myth of Nicaragua Mestiza, I88o-I92S -- At Their Own Risk: Coffee Farmers and Debt in Nicaragua, I870-I930 -- Auxiliary Forces in the Shaping of the Repressive System: El Salvador, I88o-I930 -- The Banana Enclave, Nationalism, and Mestizaje in fIonduras, 1910S-1930S -- Laborers and Smallholders in Costa Rica's Mining Communities, 1900-1940 -- Reforging National Revolution: Campesino Labor Struggles in Guatemala, I944-I9S4 -- The Hispanic Caribbean -- Free Love and Domesticity: Sexuality and the Shaping of Working-Class Feminism in Puerto Rico, I900-I9I7 -- "Omnipotent and Omnipresent"? Labor Shortages, Worker Mobility, and Employer Control in the Cuban Sugar Industry, I9IO-I934 -- The Foundations of Despotism: Agrarian Reform, Rural Transformation, and Peasant-State Compromise in Trujillo's Dominican Republic, I930-I944 -- Conclusion: Imagining the Future if the Subaltern Past- Fragments if Race, Class, and Gender in Central America and the Hispanic Caribbean, I850-I950 -- Selected Bibliography -- Index -- Contributors