About: Dollarization of Cuba

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The dollarization of Cuba refer to macroeconomic policies implemented with the aim at stabilising the Cuban economy after 1993. They were initially enacted to offset the economic imbalances which was a result of the dissolution of the Soviet Union in 1991. The main aspect of these reforms was to legalize the then illegal U.S. Dollar and regulate it's usage in the island's economy.

Attributes	Values
rdfs:label	Dollarization of Cuba (en)
rdfs:comment	The dollarization of Cuba refer to macroeconomic policies implemented with the aim at stabilising the Cuban economy after 1993. They were initially enacted to offset the economic imbalances which was a result of the dissolution of the Soviet Union in 1991. The main aspect of these reforms was to legalize the then illegal U.S. Dollar and regulate it's usage in the island's economy. (en)
foaf:depiction
dcterms:subject	Havana Economy of Cuba
Wikipage page ID	58343410 (xsd:integer)
Wikipage revision ID	1119304033 (xsd:integer)
Link from a Wikipage to another Wikipage	Canada Carlos Lage Dávila President of the Soviet Union New Economic Policy Bay of Pigs Invasion Boris Yeltsin Cuba–Soviet Union relations Cuba–United States relations United Nations United States United States dollar Vladimir Lenin Havana Comecon General Secretary of the Communist Party of the Soviet Union 2019 Cuban constitutional referendum Banco Sabadell Bank of Holland Bruno Rodríguez Parrilla War of independence Cuba Cuban Missile Crisis Cuban Revolution Cuban convertible peso Cuban peso Eastern Europe Economy of Cuba Fidel Castro Central bank Foreign direct investment Private property Recession Havana International Monetary Fund Jacques de Groote China Black market Mixed economy Economy of Cuba Socialism Socialism with Chinese characteristics Société Générale Soviet Union Special Period Great Depression Mikhail Gorbachev National Assembly of People's Power World Bank Market socialism Self-employment Peso Banco Central de Cuba
Link from a Wikipage to an external page	http://banconacionaldecuba.com/ http://www.bicsa.co.cu/ http://www.bpa.cu/ http://www.cadeca.cu/en/ http://www.thebankdirectory.com/cuba/banco-de-inversiones-cuba/%23.W9qfqPZuLlk http://www.therealcuba.com/%3Fpage_id=219 https://www.americasquarterly.org/content/can-cubas-economic-reforms-succeed https://www.ascecuba.org/asce_proceedings/change-in-post-fidel-cuba-the-challenges-of-political-liberalization-and-economic-reform/ https://web.archive.org/web/20060218044854/http:/www.cubacurrency.com/banco_financiero_internacional_s_a_bfi.html https://www.bloomberg.com/research/stocks/private/snapshot.asp%3FprivcapId=129070616
sameAs	Dollarization of Cuba Dollarization of Cuba Dollarization of Cuba
dbp:wikiPageUsesTemplate	dbt:Reflist dbt:Short_description
thumbnail	wiki-commons:Special:FilePath/Flag_of_Cuba.svg?width=300
has abstract	The dollarization of Cuba refer to macroeconomic policies implemented with the aim at stabilising the Cuban economy after 1993. They were initially enacted to offset the economic imbalances which was a result of the dissolution of the Soviet Union in 1991. The main aspect of these reforms was to legalize the then illegal U.S. Dollar and regulate it's usage in the island's economy. The wider reforms focused heavily on the macroeconomic stabilization of the Cuban economy. This was to be achieved through a reduction in fiscal deficit, and through structural changes such as the enactment of the Free Farmer's Market agreement, the legalization of self-employment, and the decriminalization of the United States dollar. The economic reforms resulted in a decrease in inflation, appreciation of the Peso, increase in output and productivity, and an improvement in the fiscal deficit. With the implementation of the 2018 Cuban constitution, came free-market rights, the recognition of private property and of foreign direct investment, officially making Cuba a mixed economy, similar to the Chinese and Vietnamese models, and similar to the Soviet Union under Lenin with the New Economic Policy. (en)
prov:wasDerivedFrom	wikipedia-en:Dollarization_of_Cuba?oldid=1119304033&ns=0
page length (characters) of wiki page	22173 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Dollarization_of_Cuba
is Link from a Wikipage to another Wikipage of	Cuban Economic Reforms Cuban economic reforms
is Wikipage redirect of	Cuban Economic Reforms Cuban economic reforms
is foaf:primaryTopic of	wikipedia-en:Dollarization_of_Cuba

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