Showing some of the material characteristics of current Cuban economy and the causes of its emergence as well as examining the main institutional features that will affect the transit to market, are some of the proposals of the book “Cuban economy: structures, institutions and transit to market,” published by the teacher of Applied Economy Manuel García Díaz in the Publishing House of the University of Granada.
The transit of the Cuban society to democracy and of its economy to market is a very close reality, according to teacher Manuel García Díaz, who affirms: “The case of Cuban economy, particularly the transit to market is, as history and present practice prove, a problem of institutional change that must be solved. It is difficult to find in the history of humanity an example as that of Cuba under Castro’s government Cuba to prove the tremendous influence of the institutional aspect on the economic behaviour. Unfortunately, Fidel Castro has done it by «reduction to the absurd»”.
According to the author of the book, when focusing of the structural characteristics of present Cuban economy, those that will find those who lead the country in the transit to a market economy, “we must differentiate between two kinds of structural features: on the one hand, we find those determined by the flows, stocks and rates of the existing natural resources and those created until that moment; on the other hand, those of institutional nature, given by the political conditions of the country, decisively affected by the de last 40 years (land property and possession and on the existing productive installations, institutions of economic management and control, tax systems, etc). Both factors must be taken into account when designing the economic policy of transit to a market economy”.
Reference: Prof. Manuel García Díaz. Dpt. Applied Economics. University of Granada.
Phone number: 958 244 180 / 243 465.
E-mail: magarcia@ugr.es
