Economic growth in Cuba (1902-1959). A revision and new considerations in comparative perspectives (population, migrant labor, non sugar related revenue and gross national product)
A. Santamaria Garcia, Economic growth in Cuba (1902-1959). A revision and new considerations in comparative perspectives (population, migrant labor, non sugar related revenue and gross national product), REV INDIAS, 60(219), 2000, pp. 505-545
Until this moment, the available estimations about Cuban GNP indicated a 0
strong stagnation of the income per capita in the period after the crisis o
f 1930, and a drastic waste of convergence with regard to the more develope
d economies in Latin America. This one contrast with the comparative perfor
mance of other welfare indicators, which evolved in the same way on the isl
and and in these economies. Our research shows such estimations underestima
te the level and growth of the GNP per capita in the 1940s and 1950s ought
to use demographic data which does not record all the population settled re
ally in the country and undervalues the output of the activities less conne
cted with the external sector. To resolve such faults we are calculating a
new series of incomes of the ears 1900-1960. The analysis of this series sh
ows the aforementioned stagnation and waste of convergence has been exagger
ated, however, this one corroborates that the Cuban economy suffered before
the revolution of 1959 serious problems of growth, fundamentally owing to
institutional reasons; because of the consolidation of measurements which w
ere efficacious in front of the Great Depression, but they appeared inadequ
ate to solve later situations.