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Published in:
1981 | OriginalPaper | Chapter
The Big Push of the 1960s
Author : Arthur MacEwan
Published in: Revolution and Economic Development in Cuba
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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In addition to the basic role of agriculture and the stress given to reshaping work incentives, Cuba’s economic development strategy for the 1960s incorporated a third defining element, a very high rate of investment. The highly centralised planning system, whatever its other merits or shortcomings, would give the government far-reaching control over the nation’s economic surplus and would allow the direction of that surplus towards capital accumulation.