A Study of Cuba's Material Product System, Its Conversion to the System of National Accounts, and Estimation of Gross Domestic Product Per Capita and Growth Rates

A Study of Cuba's Material Product System, Its Conversion to the System of National Accounts, and Estimation of Gross Domestic Product Per Capita and Growth Rates
Author: Carmelo Mesa-Lago
Publisher: World Bank Publications
Total Pages: 128
Release: 1985
Genre: Business & Economics
ISBN:

This paper presents the results of a survey and critical analysis of Cuban national accounts data. The paper first reviews available Cuban data on the Material Product System (MPS), pointing out their strengths and limitations. Then it carries out a similar analysis with respect to gross domestic product (GDP) estimates based on the System of National Accounts (SNA) and discusses inflation in Cuba and the difficulties in establishing the proper peso/dollar exchange rate. The paper concludes with some judgments regarding the most promising method for establishing Cuban GDP per capita in dollars.

Measuring Cuban Economic Performance

Measuring Cuban Economic Performance
Author: Jorge Perez-Lopez
Publisher: University of Texas Press
Total Pages: 217
Release: 2014-11-11
Genre: Political Science
ISBN: 1477306285

Analysts attempting to assess economic growth in revolutionary Cuba are faced with two formidable obstacles: (1) official macroeconomic indicators published by the government are scarce and sometimes inconsistent because of frequent changes in the method of calculation; and (2) these indicators are not compatible with those produced by market economies because of differences in national income concepts. Because of these obstacles, it is difficult to analyze the performance of Cuba’s economy over time and to compare its economic performance directly with that of other nations. Using a variant of the method developed by Abram Bergson to estimate the growth rates of the Soviet Union and subsequently applied to centrally planned economies in Eastern Europe, Jorge Perez-López has estimated the growth rate of the Cuban economy in real terms for the 1965–1982 period. His estimated indexes suggest that the Cuban economy expanded at a considerably slower pace than would be implied by official data. By constructing yardsticks of economic performance for revolutionary Cuba that are compatible with those used by Western nations, Perez-López provides for the first time a basis for analyzing the real growth of the Cuban economy during the revolutionary period.

Cuban Studies 49

Cuban Studies 49
Author: Alejandro de la Fuente
Publisher: University of Pittsburgh Press
Total Pages: 425
Release: 2020-03-03
Genre: History
ISBN: 0822987171

Cuban Studies is the preeminent journal for scholarly work on Cuba. Each volume includes articles in English and Spanish and a large book review section. Cuban Studies 49 includes dossiers on gender and feminism, economy, and history of education.

Cuban Studies 16

Cuban Studies 16
Author: Carmelo Mesa-Lago
Publisher: University of Pittsburgh Pre
Total Pages: 318
Release: 1986-12-01
Genre: History
ISBN: 9780822970231

Cuban Studies has been published annually by the University of Pittsburgh Press since 1985. Founded in 1970, it is the preeminent journal for scholarly work on Cuba. Each volume includes articles in both English and Spanish, a large book review section, and an exhaustive compilation of recent works in the field.

Cuba

Cuba
Author: Georges Alfred Fauriol
Publisher: Transaction Publishers
Total Pages: 484
Release: 1990-01-01
Genre: History
ISBN: 9781412820820

Fidel Castro's revolution and its foreign policy extensions have been the source of much U.S.-Latin American policy frustration during the last 30 years. Not only the ideological tensions, but the almost global sweep of Cuba's national pretensions have consumed U.S. resources and political capital, and thrust a small island nation to the forefront of global intrigue and crisis. But as this volume shows, there are signs that Cuba's internationalism is now at a crossroads. Fauriol and Loser have gathered together a distinguished group of specialists on Cuba to review principal aspects of Cuba's international relations. Among the new dimensions discussed are shifts in Cuba's African policy, the residual political impact of Grenada, developments in Central America, the aftermath of the Ochoa narcotics episode, and perhaps most significantly, the degree of tension between Cuba and both Moscow and Washington, and leadership succession beyond Castro. A primary issue for Cuba, the authors show, will be its isolation within the Soviet bloc, and its refusal to address Gorbachev's challenges to the status quo. At the very least, Cuba risks becoming an irrelevant anachronism amidst the groundswell of change in the communist world. These and other issues are addressed in a major review of Cuba's position in the world 30 years after its revolution. "Cuba: The International Dimension "will be of interest to researchers and policy makers concerned with Latin America and the Caribbean, as well as those interested in changes in the Third World and communist countries worldwide. Contributors include: Jiri Valenta, Jaime Suchlicki, William Ratliff, Ernest Evans, Juan Benemelis, Gillian Gunn, Scott MacDonald, Michael J. Mazaar, Constantine Menges, Jorge F. Perez-Lopez, Jorge Sanguinetty, Paula J. Pettavino, and Juan M. del Aguila.

Cuban Studies 18

Cuban Studies 18
Author: Carmelo Mesa-Lago
Publisher: University of Pittsburgh Pre
Total Pages: 280
Release: 1988-10-01
Genre: Political Science
ISBN: 9780822970279

Essays in volume 18 include discussions of Cuba's approach to the Latin American debt crisis, its two-century-old race problem and its impact on Cuba's relations with Africa, differences between urban and rural living conditions and development, and the recent housing situation in Cuba. Examinations of scholarly research include a survey of major historical works on Cuba ofver the past twenty-five years and an analysis of how the revolution has affected the scholar's craft and access to manuscripts and archives. The Debate section features comments on discussions in Cuban Studies 17 of sex and gender relations in today's Cuba, as well as the ongoing issue of Cuba's economic planning and management system.

National Accounts and the Estimation of Gross Domestic Product and Its Growth Rates for Romania

National Accounts and the Estimation of Gross Domestic Product and Its Growth Rates for Romania
Author: Marvin R. Jackson
Publisher:
Total Pages: 128
Release: 1985
Genre: Business & Economics
ISBN: 9780821306376

This paper reviews the official estimates of Romania's net material product (NMP) and gross domestic product (GDP) and the underlying methods. It also reviews the data on growth rates of NMP and GDP. The paper identified possible sources for biases in the estimates of levels of NMP or GDP in the agricultural, services and foreign trade sectors and also of the growth rates of overall NMP and GDP. It then considers a few alternative exchange rates to convert the national currency GDP into US dollars and shows resulting per capita GDP numbers in US dollars.

Cuba's Second Economy

Cuba's Second Economy
Author: Jorge Perez-Lopez
Publisher: Routledge
Total Pages: 301
Release: 2018-02-06
Genre: Business & Economics
ISBN: 1351293583

Without doubt, Cuba is facing its most serious economic challenge in nearly thirty-five years of revolutionary rule. There is consensus that as the official, centrally planned economy has faltered, ordinary citizens eke out a living only by engaging in under-the-table, unrecorded, and mostly illegal activities. In fact, this "second economy" is growing by leaps and bounds. This volume sketches the contours of the very complex phenomenon of the second economy of socialist Cuba, and discusses its evolution over time, as well as the role that it may play in the transition to a market economy on the island. The economic crisis of the 1990s has propelled the second economy from behind the scenes to center stage. Not only have black markets mushroomed, but second economy activities connected to the free-market that the Castro government has traditionally discouraged or even prosecuted are now being incorporated into the government's own economic strategy. Self-employment, cultivation of individual plots, and the use of foreign currencies to buy or sell goods, are now promoted with considerable enthusiasm by the leadership. Perez-Lopez examines different ways of thinking about unregulated economic activities that have been set forth in the literature and concludes that the concept of the second economy is the most appropriate for Cuba. He brings together available information from a multitude of sources on the manifestations of the second economy in Cuba and of its operation. Cuba's Second Economy is a timely study of an economic system in crisis. It will be of interest to economists, political scientists, policymakers, and Latin America area scholars.