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- W2285201211 abstract "In the 1990s, there has been a growing split in Cuba’s economy between the traditional socialist peso-based component and the internationalized dollar-oriented and marketized component. This schism has been caused by a conjuncture of circumstances, including the expansion of tourism and foreign and mixed enterprise; the contraction and loss of confidence in the socialist economy; the weakening of the monetary role of the peso (owing to the rapid inflation arising from the financing of the fiscal deficit through money creation), and a grossly overvalued exchange rate. This dual currency and structural bifurcation of the economy shaped the pattern of income distribution, thereby influencing the economic behaviour of the Cuban people." @default.
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- W2285201211 date "1995-12-13" @default.
- W2285201211 modified "2023-10-18" @default.
- W2285201211 title "The dual currency bifurcation of Cuba’s economy in the 1990s: Causes, consequences and cures" @default.
- W2285201211 doi "https://doi.org/10.18356/ee556ba4-en" @default.
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