The Cuban Economy
Friday, Jan. 5, 2018 8:00 AM - 10:00 AM
- Chair: Carlos Seiglie, Rutgers University
Organization and Performance of Cuba’s Worker Managed Cooperatives
AbstractA key component of the ongoing economic reforms in Cuba is the expansion of worker cooperatives. Most significantly, the 2011 guidelines permitted non-agricultural cooperatives to operate for the first time. Based on field research in Cuba, this paper examines the organization of both agricultural and non-agricultural cooperatives. The governance structure of the cooperatives is described, with emphasis on the objectives of the cooperative, the structure of decision-making and the extent of managerial control over the use of assets. Although the individual cooperatives I studied perform well, in the absence of the right kind of data it is difficult to generalize this to the organizational form itself. It is also difficult to assess which aspects of governance are critical to the success of cooperatives. To assess performance I rely on identifying the extent to which the organization of Cuba’s cooperatives approximate the conditions that economic theory and previous research on worker-managed firms identify as being conducive to efficiency. This serves to identify impediments to efficiency, and points to avenues for further reform.
Comparing the Quality of Education in Pre and Post Revolutionary Cuba Using United States Labor Market Outcomes
AbstractWe use US Census data to estimate the return to Cuban education in the US labor market. We use the difference in pre and post Revolution returns to education as a measure of the change in education quality.
- P2 - Socialist Systems and Transitional Economies
- O5 - Economywide Country Studies