ABSTRACT
The development of the Cuban economy from 1981 through 1985 took place under especially complicated circumstances. From the internal point of view, errors were made in the implementation of economic policy that precipitated unbalanced growth and the appearance of serious disequilibria, especially between the economic and social spheres, in the development process. The changes in economic policy beginning in 1986 were directed at guaranteeing an equilibrium between economic factors and the sociopolitical factors that ought to be realized in a process of socialist development. The determinants of the evolution of the Cuban economy between 1986 and 1989 included the unfavorable effects of the adverse international economic situation, the consequent absence of foreign financing in terms of freely convertible currencies, and the negative impact of the errors in economic policy and in the system of directing the economy.
