Cuban Economy

Central-Planning policies applied on Cuba

The centrally planning policy started in Cuba many years ago. When Fidel Castro in July of 1953 started the revolution with Ernesto “Che” Guevara they started what in a few years will become a centrally planned country. This revolutions itself was an “attacked planned revolution” and for this we can see that the signs of a centrally planned system started to appear. In this investigations we will see the characteristics of Cuba when emerging as a socialist country with a very clear economic system and also the development of the main policies carried until now.

When Fidel Castro assumed the leadership of the Revolutionary Government it was clear that a new socialist system was going to implanted in Cuba. The Revolutionary Government (1959-1963) confirmed the first signs of going towards a centrally planned system when their first action during their government was to redistribute much of the land and material wealth of the count...