Egypt and Cuba are both lower-middle income countries with a history of socialist rule and which have embarked on …

economic model.” Cuba undertook a previous reform in the 1990s, but this was halted in the first decade of this century. Now …Since 2010, the Cuban economy has entered a new period of economic reform, officially labeled as an “update of the … objectives of the proposed reform regarding monetary and exchange rate policy: 1) currency unification, 2) improving the monetary …