Cuban reform process lags behind the GDP growth reached by the Vietnamese. When comparing the evolution of the different sectors and demand components of GDP, Vietnam has had higher growth rates in all cases, highlighting exports first and investment second. Once the Balance of Payments...

The paper focuses on analyzing the leading macroeconomic trends and policies in Cuba from 1985-2013. Five macroeconomic indexes were estimated using dynamic factor models. The correlations between the estimated indexes and the GDP growth rate show that, on average, fiscal policy was procyclical...

This article analyzes the transmission mechanisms of the global crisis on variables that pertain to Cuban monetary policy. The analytical starting point are the results of estimating an econometric model known as a Structural Vector Autoregression (SVAR) model, which serves as the basis for...