I design for the emission of public bonds in Cuba

Authors

  • Rolando Hernández Martínez Center for Financial, Accounting and Insurance Studies

Keywords:

finance, debt, bonds

Abstract

The present work tackles the topic of the financing to the fiscal deficit by means of the issue of public bonds, which, although it constitutes an option of high cost, turns out to be more feasible in the current conditions of performance of the Cuban economy for the risks that implies the monetization to the same one, which is the formula used by the State up to this moment.

Author Biography

Rolando Hernández Martínez, Center for Financial, Accounting and Insurance Studies

Licenciado en Dirección de la Economía, Diplomado en Administración Pública, Especialista en Finanzas. Se ha desempeñado cuadro y funcionario en varias entidades estales del sistema del Ministerio de Finanzas y Precios, a nivel Municipal, Provincial y Nación durante 20 años, en la actualidad desde hace 4 años se desempeña como profesor principal del CECOFIS en las materias de Administración Financiera, Presupuesto, Tesorería y Multa. Ha participado en varios evento Nacionales e Internacionales en colaboración con los Ministerios de otros países fundamentalmente, Vietnam, China y Rusia.

References

Borras Atienzar, Francisco y colectivo de autores. Cuba: Banca y seguros. Una aproximación al mundo empresarial. Editora Caja de Ahorros del Mediterráneo. 1998.

Cuba Económica y Financiera. No. 352. Julio de 1955.

Díaz Alejandro, Carlos: América Latina en la depresión 1929 - 1939. Teoría y experiencia del desarrollo económico. Fondo de Cultura Económica. México 1985.

Decreto - Ley No. 192, Administración Financiera del Estado. Ministerio de Finanzas y Precios. República de Cuba. Publicado el 8 de abril de 1999.

Gaceta Oficial de la República de Cuba. Edición ordinaria No. 45, 25 de agosto de 1998.

Instrumentos Financieros: Bonos. Ver en: http://www.southerndesign.ca/citi/bonos.htm.

Pozo Luis, Alberto: La emisión de títulos de valor. Aproximación al tema y análisis de alterativas para las finanzas públicas cubanas. La Habana. Enero de 1996.

Rodríguez Rodríguez, Senia; Arrieta Gallardo, Miguel y González del Foyo, María Esperanza: La emisión de bonos en Cuba: una mirada al pasado. Ver en: http://www.bc.gov.cu/.../La_Emision_de_bonos_en_Cuba_una_mirada_al_pasado-RevBCC-No3-2006.pdf.

Strauss-Kahn, Dominique: Doble desafío en América Latina: Elevar la tasa de crecimiento y gestionar la volatilidad. Ver en: http://blog-dialogoafondo.org/?p=686. Publicado en marzo 25, 2011.

Viñals, José: Bonos públicos: Ya no existe un mundo sin riesgo. Ver en: http://blog-dialogoafondo.org/?p=704. Publicado en marzo 30, 2011.

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Published

31-12-2018

How to Cite

Hernández Martínez, R. (2018). I design for the emission of public bonds in Cuba. Cuban Magazine of Finance and Prices, 2(4), 45–58. Retrieved from https://www.mfp.gob.cu/revista/index.php/RCFP/article/view/06_V2N42018_RHR

Issue

Vol. 2 No. 4 (2018): octubre - diciembre

Section

Research articles

License

Copyright (c) 2018 Rolando Hernández Martínez

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