Inequality and the Informal Market in Cuba
(2018) EKHS21 20181Department of Economic History
- Abstract
- This research focuses on Cuba’s economic changes that have been unraveling since the 1990s but has had significant impacts in the past decade. The removal of economic restrictions paired with a rise in tourism has had several outcomes including economic growth for the country but a dismantling of the equality for which it has been previously praised. The changes in the economic atmosphere of Cuba have especially affected the Cuban minority of Afro-Cubans. The empirical research attempts to understand the limitations of income distribution contributing to the rise of inequality as well as a larger informal market due to the dual currency system that operates to capture hard currency. The research shows that barriers are ultimately a result... (More)
- This research focuses on Cuba’s economic changes that have been unraveling since the 1990s but has had significant impacts in the past decade. The removal of economic restrictions paired with a rise in tourism has had several outcomes including economic growth for the country but a dismantling of the equality for which it has been previously praised. The changes in the economic atmosphere of Cuba have especially affected the Cuban minority of Afro-Cubans. The empirical research attempts to understand the limitations of income distribution contributing to the rise of inequality as well as a larger informal market due to the dual currency system that operates to capture hard currency. The research shows that barriers are ultimately a result of inheritance patterns and racist ideology that limits Afro-Cubans’ participation in the emerging sectors of the economy. This has particular relevance as Cuba continues to slowly transition into more capitalist ventures under a communist regime. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/8959045
- author
- Reynet, Layz LU
- supervisor
- organization
- course
- EKHS21 20181
- year
- 2018
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Economic Development, Cuba, Dual Economy, Inequality, Race, Informal Market.
- language
- English
- id
- 8959045
- date added to LUP
- 2019-08-22 08:31:28
- date last changed
- 2019-08-22 08:31:28
@misc{8959045, abstract = {{This research focuses on Cuba’s economic changes that have been unraveling since the 1990s but has had significant impacts in the past decade. The removal of economic restrictions paired with a rise in tourism has had several outcomes including economic growth for the country but a dismantling of the equality for which it has been previously praised. The changes in the economic atmosphere of Cuba have especially affected the Cuban minority of Afro-Cubans. The empirical research attempts to understand the limitations of income distribution contributing to the rise of inequality as well as a larger informal market due to the dual currency system that operates to capture hard currency. The research shows that barriers are ultimately a result of inheritance patterns and racist ideology that limits Afro-Cubans’ participation in the emerging sectors of the economy. This has particular relevance as Cuba continues to slowly transition into more capitalist ventures under a communist regime.}}, author = {{Reynet, Layz}}, language = {{eng}}, note = {{Student Paper}}, title = {{Inequality and the Informal Market in Cuba}}, year = {{2018}}, }