Document Type
Article
Abstract
A cornerstone of the current Cuban economic model reforms is its opening to the non-state small-scale sector. Using the results of a survey of non-state businesses, we look at the provision of financial services to the small- and medium-sized enterprises in the non-state sector from two perspectives: first, the nature of the new credit regulations and bank policies and how they accomplish the evaluation of credit to a hitherto non-existent sector; and second, how these small business clients view their relationship with their lender state banks. We look at Cuba from the perspective of a socialist economy in transition and compare it to microfinance in China and India.
Recommended Citation
Vidal, Pavel and Viswanath, P.V., "The new financial framework for the Cuban non-state sector" (2018). Faculty Working Papers. 76.
https://digitalcommons.pace.edu/lubinfaculty_workingpapers/76
Included in
Finance and Financial Management Commons, International Business Commons, International Economics Commons
Comments
This work is licensed under a Creative Commons Attribution 4.0 International License.
Previously published in Post-Communist Economies
https://www.tandfonline.com/doi/full/10.1080/14631377.2018.1460534