International Journal of Social Science & Economic Research
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Title:
CUBA: GROWTH MODEL ANALYSIS

Authors:
Aditya Bihani, Amogh Chaube, Darsh Kachhara, Mitali Mane, Radhika Mohta, Yash Jain

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Aditya Bihani, Amogh Chaube, Darsh Kachhara, Mitali Mane, Radhika Mohta, Yash Jain
Third year, Bachelor’s of Science in Economics, NMIMS, Mumbai

MLA 8
Bihani, Aditya, et al. "CUBA: GROWTH MODEL ANALYSIS." Int. j. of Social Science and Economic Research, vol. 5, no. 11, Nov. 2020, pp. 3588-3604, doi:10.46609/IJSSER.2020.v05i11.017. Accessed Nov. 2020.
APA 6
Bihani, A., Chaube, A., Kachhara, D., Mane, M., Mohta, R., & Jain, Y. (2020, November). CUBA: GROWTH MODEL ANALYSIS. Int. j. of Social Science and Economic Research, 5(11), 3588-3604. doi:10.46609/IJSSER.2020.v05i11.017
Chicago
Bihani, Aditya, Amogh Chaube, Darsh Kachhara, Mitali Mane, Radhika Mohta, and Yash Jain. "CUBA: GROWTH MODEL ANALYSIS." Int. j. of Social Science and Economic Research 5, no. 11 (November 2020), 3588-3604. Accessed November, 2020. doi:10.46609/IJSSER.2020.v05i11.017.

References

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Abstract:
Cuba is one of the very few countries which are centrally planned to this day and is mostly controlled by the state and its enterprises. Because of this, its economy makes for an extremely intriguing case to analyze specially when it comes to looking into the efficacy in terms of economic output and growth of such economic systems. In this paper, we have looked into Cuba’s economy in depth through the lens of the Solow Model , one of the most pivotal concepts in the field of development economics, which looks at economic growth and its relation with capital accumulation, labor, population growth and changes in productivity, ultimately comparing its performance to other economies in the Caribbean, US and Canada .

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