What is it about?
This article discusses the role of premium cigars in Cuba's trade economy, and the problems Cuba has faced in dealing with a changing global market. While Cuban cigars retain their premium status, other rival producers have arisen in the Caribbean.
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Why is it important?
Cigars are a major source of foreign exchange for Cuba, but their production is restrained by central planning, market inefficiencies, increased competition, and restrictions on smoking around the world.
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This page is a summary of: Cuba, the centrally planned cigar, and its rivals, World Economy, July 2019, Wiley, DOI: 10.1111/twec.12841.
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