Blossoming

Article Abstract:

There have been numerous signals coming from unofficial sources in Cuba that indicate capitalism may be returning to the Caribbean island. Following the Cuban government's 1993 decision to allow Cubans to set up small businesses, private enterprise has grown at a spectacular rate.

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Oranges and lemons: the limits of farm reform

Article Abstract:

Formal privatization of cultivable land grew from 25% to 73% from 1992 to '95, with impressive productivity gains in all food categories. However, the state's heavy hand, including subsidies, has been slow to withdraw. The sugar industry is particularly dependent on subsidies.

Regulation of Agricultural Marketing and Commodities, Agricultural Export Programs, Agricultural policy, Trade policy, Land reform, Agricultural products, Agricultural price supports

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A crash course in economics: the belated discovery of profit and loss

Article Abstract:

Cuba's overdependence on Soviet subsidies and its consumption of Cuban sugar resulted in an economic collapse when the Soviet regime expired in 1989. The '95 economy grew by 2.5% in 1995

Economic policy, Political reform, Castro, Fidel, Perestroika

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