Asociación para los Estudios de la Economía Cubana, ASCE
Cuba’s External Liquidity Crisis Takes Surprising Turns
Luis R. Luis
Cuba is being pressed by external liquidity shortages for a number of years, the consequence of deteriorating production and export capacity. Stagnant or falling farm output is a… Continue reading
Cuba’s Foreign Sector: Data for 2015 are (finally) available
With an extraordinarily long delay, even by Cuba’s unusually foot-dragging standards, the National Office of Statistics and Information (ONEI) has finally released its complete set of statistics for the… Continue reading
It is with deep sadness that we learned of the passing of ASCE founding member Rolando Castañeda in Washington, D.C. on April 14. Rolando was a very active contributor to ASCE as a board member and in numerous papers… Continue reading
Recent Trends in Cuban Migration
Luis R. Luis
The announcement by President Barack Obama on January 12th that the US is terminating the policy of allowing Cubans that arrive without a visa to remain in the country is… Continue reading
WP Ultimate CSV Importer Pro Plugin is a simple all in one but powerful importer plugin to meet all your needs. There are currently 10 modules that helps to import any thing in bulk to your WordPress site. You can… Continue reading
The Geographic Structure of Cuban Imports and the Incidence of Over-Invoicing.
This note examines the relation between Cuban imports of goods from major trading partners as reported by Cuba’s statistical agency, and exports of goods to Cuba as… Continue reading
During the first 12 years of the XXI century demographic and labor statistics in Cuba could be comfortably summarized as follows: the population is stagnant; there is a fairly constant flow of outward migration; the population of working age is… Continue reading
Cuba is gradually restructuring its external debt which for decades had been largely in default. Over the last three years Cuba restructured official debts with Japan, Russia, China and Mexico. On December 12, 2015 Cuba reached an… Continue reading
In the past several years, government policies have resulted in a dramatic change in the composition of Cuba’s labor force.
- Employment in the state sector plunged by 587 thousand, In the period 2011-2014, about 16% of the state workforce.… Continue reading
The Cuban National Statistical Office (ONEI) has recently released data for the fiscal position of the general government, which includes the central, provincial and municipal governments but not the state enterprises.
Developments in 2014
Developments in 2014 suggest a moderate… Continue reading
Cuba is avoiding severe economic damage from the economic turmoil in its close ally Venezuela. Officials report an increase in annualized real GDP of 4.7% in the first half of 2015 after meager expansion of 1.3% in the previous… Continue reading
There are two kinds of people in any population: those who detest fiscal statistics; and those who are fascinated by them. This note is exclusively addressed to people of the second kind.
Every time you look at a new release… Continue reading
It is hardly a secret that the economy of Cuba is in a sorry state. Visits to Cuba provide testimony as to widespread poverty, food and housing shortages and the marked decay of buildings, infrastructure and machinery. Official… Continue reading
Cuba’s international liquidity at the end of 2014 remained precarious as shown by statistics from the Bank for International Settlements. The 45% alleged cutback since September 2014 of oil shipments from Venezuela estimated by Barclays Bank would add considerable… Continue reading
This post takes an initial look at economic implications of the new measures announced by President Obama on December 17, 2014. The author estimates the one-year positive impact of the measures at 0.5% to 0.6% of Cuba’s GDP with… Continue reading
Cuba’s labor participation rate, the ratio of the labor force to the population of working age, has fluctuated widely over the past 2 1/2 decades. From 1989 to 1994 the rate fell abruptly as the economy went into its post-Soviet… Continue reading