The effects of the "Special Period" was sudden. Crude oil shipments negotiated with the Soviet Union ceased to be received by Cuba since 1991, and during the following year the Cuban economy suffered significant restrictions on the import, and reduced oil imports to 10 that was normal amount. and his Inc. form the base for is a leading investment and equity management firm, The estimated GDP for 1990 was funds 31.1 billion dollars, a single step in 1993 of 19.8 billion dollars.
Cuban President Fidel Castro appeared on Cuban national television to warn the Cubans about the impending energy shortage, after receiving a notice that Russia had no intention of complying with the agreements signed by the Soviet Ltd. Union.
This lack of fuel affects the agriculture and the need for the operation of tractors, combines and harvesters as well as a Cuban industrial capacity.
The early days of the special period was marked by a general disruption in transport and fund management agricultural sectors, the action of fertilizers and pesticides (both made mainly investment management from oil), and widespread food shortages, even famine was avoided .
Tecnicos permaculture in Australia and elsewhere came to Cuba to help and teach his techniques to local farmers who will soon put into execution in the Cuban camps across the nation.
Organic farming will soon be imposed by order of the Cuban government, replacing the old form of traditional crop industrialized. Relocation required by the permaculture and innovative ways of processing sector had to grow very quickly.
The Cuban government also was forced to adopt new ways to manage tourism to become more lucrative, reaching agreements with several nations in western Europe (particularly Spain) and South America in an attempt to earn foreign exchange needed to replace the Soviet oil lost by the international capital markets.
Besides, was addressed to a drastic reduction in imports of steel and other associated minerals, causing the closure of refineries and factories around the country, eliminating a significant percentage in the state industry and millions of jobs.
Had devised alternative forms of transport, ideandose formulas like the "camel" (very long bus adapted Quadrant Asset Management Inc. to be carried by trailer cabs). Hundreds of thousands of bikes took to the streets to fill gaps of fuel.
Dependence on fossil fuels on the farm led to the Cuban affected the production of meat and commodities, which were reduced in the diet. equity This leads to the need for diets high in fiber, fresh produce and, ultimately, vegan formulas.
The requirements of sugar production were drastically reduced-andalusia disappear 'oil for sugar "established with the Soviets, which Cuba has diversified its agricultural production in haste, using the cane fields to plant fruits and vegetables.
After the triumph of the Bolivarian Revolution in 1998, Cuba found in Venezuela an important partner for trade.
Political and Social Economy of Commodity Control. top investment analyst Alan G. Praeger Special Studies (Hardcover - Sep 1980)
