Cuba and Economic Development. This paper explores the economic development of Cuba. The paper shows how, unlike other nations in its hemisphere, Cuba has taken a revolutionary path toward economic development and social transformation. After the 1959 Communist revolution, Fidel Castro severed his country's ties with Western capitalists and nationalized all banks and industrial concerns. Overall, the nation has prioritized medicare and education. 8 pgs. Bibliography lists 5 sources. Pages: 8 Bibliography: 5 source(s) listed Filename: 4052 Cuba Economic Development.doc Price: 71.60