Abstract

HIDALGO DE LOS SANTOS, Vilma. The Cuban Economic Model: Reflections since a Macroeconomic Perspective. Econ. y Desarrollo [online]. 2016, vol.156, n.1, pp.108-130. ISSN ISSN.

The new economic agenda for development and sustainability of the social advances achieved in Cuba has identified the economic growth as a necessary condition, guiding the debate toward the internal problems of the model functioning. The present paper analyzes the starting conditions, as well as the measures taken to follow some basic recommendations since a macroeconomic and institutional perspective, making emphasis on the significance of the sequence and consistency of the program. The keys for growing in Cuba seems to rest upon the profits of efficiency, the recovering of an investment path of quality, the innovative capacity bearer of human capital and a proper external insertion. The growth strategy sequence is not trivial inasmuch it allows acting on the bottlenecks and maintaining the internal and external balance for avoiding backward steps. As the main ingredients to relax tensions between growing and balance, we highlight two closely linked actions: the required structural and institutional transformations and the new strategy of international insertion.

Keywords : Cuba; macroeconomics; economic model; economic transformations.

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