2002
DOI: 10.1017/s0022216x02006399
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Cuba's Quest for Economic Independence

Abstract: Since the colonial era Cuba has been the paradigmatic case of a monocultural export economy, dependent upon the production of one primary commodity – sugar – for sale to one principal trade partner. Overcoming dependency was a high priority for Fidel Castro in 1959, yet despite a promising start, his efforts proved ultimately unsuccessful. Only the collapse of communism in Europe freed Cuba from dependent trade relations with the Soviet Union – albeit at the cost of enormous economic disruption. This article e… Show more

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Cited by 28 publications
(19 citation statements)
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“…In 2002, however, the minimum monthly income of a state worker was about 100 pesos ($4), whereas university professors earned about 300–560 pesos ($12–$22) and a doctor 300–650 pesos ($12–$25). A tourist taxi driver, by contrast, could expect to make around $100–$400, and a person who rented rooms to tourists could bring in between 250 and several thousand dollars (LeoGrande and Thomas 2002; Mesa‐Lago and Pérez López 2005). At the same time, rations have been reduced to cover only about ten days of food per month, while the real wages of state workers (some 77 percent of the workforce) dropped 44.4 percent between 1988 and 2000 (Mesa‐Lago and Pérez López 2005).…”
Section: The Changing Materials and Moral Economies Of Post‐soviet Cubamentioning
confidence: 99%
“…In 2002, however, the minimum monthly income of a state worker was about 100 pesos ($4), whereas university professors earned about 300–560 pesos ($12–$22) and a doctor 300–650 pesos ($12–$25). A tourist taxi driver, by contrast, could expect to make around $100–$400, and a person who rented rooms to tourists could bring in between 250 and several thousand dollars (LeoGrande and Thomas 2002; Mesa‐Lago and Pérez López 2005). At the same time, rations have been reduced to cover only about ten days of food per month, while the real wages of state workers (some 77 percent of the workforce) dropped 44.4 percent between 1988 and 2000 (Mesa‐Lago and Pérez López 2005).…”
Section: The Changing Materials and Moral Economies Of Post‐soviet Cubamentioning
confidence: 99%
“…In 1996, Cuba established three free trade zones (FTZ) with lower taxes, and fewer trade restrictions and profit limitations on foreign enterprises. Although Castro had hoped the FTZs would significantly increase foreign investment in manufacturing, the 240 foreign enterprises located in the FTZs, primarily warehouse, imported goods instead of manufacturing [Leogrande and Thomas, 2002].…”
Section: Foreign Investment and Foreign Debtmentioning
confidence: 99%
“…As of 1999, 31% of FDI was in the industrial sector while 18% was in the tourist sector. The principal investors are Spain with 23% of Cuban foreign investment, Canada with 19%, and Italy with 15% [Leogrande and Thomas, 2002].…”
Section: Foreign Investment and Foreign Debtmentioning
confidence: 99%
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“… For more on the sanctions‐busting trade conducted by third parties with Cuba, see Kaplowitz (1998) and Leogrande and Thomas (2002). …”
mentioning
confidence: 99%