Archibald Ritter provides a comprehensive assessment of the state of the Cuban economy, particularly in the years since the end of covert subsidies from the former Soviet Union.
Cuba faced an economic meltdown of catastrophic proportions in the early 1990s when covert subsidies from the former Soviet Union disappeared. Policies instituted by the island republic's government to handle the worst problems have had inconsistent results.
Opening the economy to foreign
"Lucidly written, accessible to noneconomists, and well conceived, this book addresses both the large questions of macroeconomic policy design and performance as well as key specialized topics."
—Jorge Domínguez, Harvard University
"Provides insightful analysis of particular issues that until now have only been superficially examined."
—Sergio Díaz-Briquets, co-author ofConquering Nature: The Environmental Legacy of Socialism in Cuba
"A masterful account of recent performance and problems of the Cuban economy."
—Roger Betancourt, University of Maryland
Archibald R. M. Ritter is a professor of economics and international affairs at Carleton University in Ottawa, Canada. His works on Cuba includeThe Economic Development of Revolutionary Cuba: Strategy and Performance. more >>