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No More Free Lunch

Reflections on the Cuban Economic Reform Process and Challenges for Transformation

  • Explores the prospects for economic reform in Cuba from many perspectives

  • Compares the experience to Cuba to that of Vietnam

  • Contributors include leading Cuban and Vietnamese economists?

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Table of contents (15 chapters)

  1. Front Matter

    Pages i-xvi
  2. Introduction

    • Claes Brundenius, Ricardo Torres Pérez
    Pages 1-4
  3. The Economic Transformation Process in Cuba After 2011

    • Oscar Fernández Estrada
    Pages 23-39
  4. Current Problems in the Cuban Economy and Necessary Reforms

    • Mauricio De Miranda-Parrondo
    Pages 41-62
  5. Food Production and Import Substitution in the Cuban Reform Process

    • Anicia García Álvarez, Armando Nova González
    Pages 83-108
  6. Cuba’s Apertura to Small Enterprise

    • Archibald R. M. Ritter
    Pages 109-127
  7. Foreign Direct Investment in Vietnam and Cuba: Lessons Learned

    • Omar Everleny Pérez Villanueva
    Pages 173-191
  8. Back Matter

    Pages 251-260

About this book

In September 2010, the Cuban government decided to embark on an economic reform program, unprecedented after the Revolution in 1959. This opened up opportunities for Cuban economists and scholars to participate in the development of the reform program. Thanks to grants from SSRC (Social Sciences Research Council, New York) and the Norwegian Ministry of Foreign Affairs, several researchers from the Cuban think tank CEEC (Center for Studies of the Cuban Economy, Havana) got an opportunity to visit countries that could be of interest for the reform process, notably Vietnam, but also Brazil, South Africa and Norway.  

The result of these field visits and a subsequent workshop involving contributions from Cuban as well as non-Cuban scholars, this volume showcases unprecedented new insights into the process and prospects for reform along many dimensions, including foreign direct investment, import substitution, entrepreneurship and business creation, science and technology development, and fiscal policies.  The resulting analysis, in a comparative perspective, provides a framework for future research as well as for business practice and policymaking.

Editors and Affiliations

  • Research Policy Institute, Lund, Sweden

    Claes Brundenius

  • University of Havana Center for Studies of the Cuban Economy, Havana, Cuba

    Ricardo Torres Pérez

About the editors

Claes Brundenius is Honorary Professor at the Research Policy Institute (RPI), Lund University, Sweden. He holds a PhD in Economic History from Lund University. Before joining the staff at RPI he was attached to the OECD Directorate for Scientific Affairs in Paris. He has been a Guest Professor at Pittsburgh University (1984) and Smith College (1987), USA. Between 1997 and 2003 he was Senior Researcher at the Centre for Development Research in Copenhagen. His main interest is research and policy studies on the role and impact of Science, Technology and Innovation policies and strategies in developing countries. His current work has focused on policy analysis of technological change and knowledge based development in developing and transition economies, notably in Latin America and the Caribbean, East Asia, and Southern Africa (SADC). His latest book (co-editor with Bo Göransson) is Universities in Transition – The Changing Role and Challenges for Academic Institutions (Springer, New York, 2011).

Ricardo Torres Pérez holds a PhD in Economic Sciences from the University of Havana. He is currently associate professor with the Centro de Estudios de la Economía Cubana (CEEC) at the University of Havana. He was a government scholar at Hitotsubashi University in Japan (2007-2009) and visiting researcher at Harvard University and the Ohio State University (2012). He has published in the Harvard International Review and has chapters in several books, including “Cincuenta años de la economía cubana” (Editorial Ciencias Sociales, Havana, 2010) and “Cuba: hacia una estrategia de desarrollo para los inicios del siglo XXI" (Editorial Universidad Javeriana de Cali, 2012).

Bibliographic Information

  • Book Title: No More Free Lunch

  • Book Subtitle: Reflections on the Cuban Economic Reform Process and Challenges for Transformation

  • Editors: Claes Brundenius, Ricardo Torres Pérez

  • DOI: https://doi.org/10.1007/978-3-319-00918-6

  • Publisher: Springer Cham

  • eBook Packages: Business and Economics, Economics and Finance (R0)

  • Copyright Information: Springer International Publishing Switzerland 2014

  • Hardcover ISBN: 978-3-319-00917-9Published: 08 October 2013

  • Softcover ISBN: 978-3-319-37681-3Published: 23 August 2016

  • eBook ISBN: 978-3-319-00918-6Published: 24 September 2013

  • Edition Number: 1

  • Number of Pages: XVI, 260

  • Number of Illustrations: 10 b/w illustrations, 41 illustrations in colour

  • Topics: Development Economics, Emerging Markets/Globalization, International Economics

Buy it now

Buying options

eBook USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access