ABSTRACT

In 2011, the Sixth Congress of the Cuban Communist Party (PCC) published within its Lineamientos a set of reforms geared toward updating Cuba’s economic model (actualización del modelo económico). The reforms proposed various structural changes to Cuba’s economy, such as granting greater autonomy to state-owned enterprises and local governments, increasing non-state forms of ownership, expanding the taxation system, continuing agricultural reforms, and expanding the consumer goods markets (including buying and selling of homes and vehicles). Confronted with not only the challenge of improving Cuba’s economic model but also managing and overcoming the financial crisis, macroeconomic imbalances, and the country’s looming paralysis brought on by increasing shortfalls in foreign exchange since 2008, the Lineamientos proposed a series of transformations to strengthen Cuba’s adjustment policy.