Literature Review on Cuban Inequality

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Submitted By zelenka93
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Literature Review

This literature review will focus on the theoretical and empirical frameworks of Development and Inequality. To understand and critically evaluate this topic area and these terms we first must define economic development; ‘Development economics considers how to promote economic growth in such countries by improving factors like health, education, working conditions, domestic and international policies and market conditions. It examines both macroeconomic and microeconomic factors relating to the structure of a developing economy and how that economy can create effective domestic and international growth.’ (Investopedia, 2013) This definition explains the economics of development however there is a social sphere that is central to this project and will also be explored through both development and inequality, which is a multidimensional issue affecting income, opportunity and outcomes. Inequality is a reoccurring theme in many development journals and Ramya (2013) suggests it’s remnant of a more traditional system that lingers and exacerbates in initial stages of development due to inadequate adoption of market systems and can only be corrected if market fixes are adopted, however inequality is still viewed as a by-product to more essential macroeconomic outcomes such as stability and growth. My study will consider the academic literature and will build an idea of how to formulate hypothesis and methods to understand the process of development and how inequality has affected areas of Cuba presently and through history.

The center of research into development models, ideology and systems has revolved around Socialism and Capitalism. The comparison of these very different development paths allows application to Cuba due to the nature of change in economic and developmental ideology. There is a general school of thought that suggests Cuba is…...

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