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Swimming Against the Tide: Implications for Cuba of Soviet and Eastern European Reforms in Foreign Economic Relations*

Published online by Cambridge University Press:  02 January 2018

Jorge F. Perez-Lopez
Jorge F. Perez-Lopez*
Affiliation:
US Department of Labor
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Extract

Since mid-1989, remarkable political and economic changes have occurred in the Soviet Union and Eastern Europe. Although the countries differ with regard to the scope, speed, and sequence of these changes, in the economic arena the objective is, in all cases, to abandon traditional central planning and replace it with a market economy. An integral component of these efforts to establish markets is the reform of foreign economic relations and greater involvement in the world economy.

While a tide of political and economic change has swept the East, Cuba has adamantly held on to a one-party political system and to orthodox central planning.

Type
Research Article
Information
Journal of Interamerican Studies and World Affairs , Volume 33 , Issue 2 , Summer 1991 , pp. 81 - 140
Copyright
Copyright © University of Miami 1991

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Footnotes

*

Prepared for presentation at the panel on “The Cuban Model: Rectification Process as Economic Reform,” at the Association for Comparative Economic Studies, Washington (DC), 29 December 1990. The views expressed in this article are those of the author only.

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