Here’s What Happened in Cuba’s Last Major Economic Challenge

Here’s What Happened in Cuba’s Last Major Economic Challenge

In 1990, when the USSR collapsed, Cuba endured a severe curtailment of investment, trade and general political support from a partner that had invested about $100 billion (in 2016 $US) in the preceding 30 years. The so called “Special Period” was defined primarily by the severe shortages of hydrocarbon energy resources in the form of … Read more