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Cuba: From Economic Take-Off to Collapse Under Castro (Paperback)

Cuba: From Economic Take-Off to Collapse Under Castro By Jorge Salazar-Carrillo, Andro Nodarse-Leon Cover Image
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Description


This book is a study of Cuba's economic development under communism over the last fifty-five years. The authors find that Cuba's socioeconomic development has gone backward since the Cuban Revolution in 1959. The authors conclude that Fidel Castro's revolution has been an economic disaster for Cuba.

The book first outlines Cuba's economic position prior to the revolution. It reviews Cuba's rankings with respect to Gross Domestic Product (GDP) per capita in the 1950s and examines the strength of pre-Castro Cuba's foreign reserves and the health of its monetary system. It also presents pre-Castro Cuba's investments in health care and education and documents the island's development potential in the 1950s. The last few chapters describe the precipitous decline in all of these areas of Cuba's economy under Castro.

Despite the socioeconomic catastrophe of the Castro years, the authors envision a post-Castro Cuba, where this book can provide a benchmark to measure the developmental success that the Cuban work-ethic and entrepreneurial spirit can generate in a free-market system.

About the Author


Jorge Salazar-Carrillo, Jorge Salazar-Carrillo, Andro Nodarse-Leon
Product Details
ISBN: 9781138508750
ISBN-10: 1138508756
Publisher: Routledge
Publication Date: October 25th, 2017
Pages: 222
Language: English

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