Special Period
Economic crisis in Cuba after the fall of the Soviet Union / From Wikipedia, the free encyclopedia
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The Special Period (Spanish: Período especial), officially the Special Period in the Time of Peace (Período especial en tiempos de paz), was an extended period of economic crisis in Cuba that began in 1991[1] primarily due to the dissolution of the Soviet Union and the Comecon. The economic depression of the Special Period was at its most severe in the early to mid-1990s. Things improved towards the end of the decade once Hugo Chávez's Venezuela emerged as Cuba's primary trading partner and diplomatic ally, and especially after the year 2000 once Cuba–Russia relations improved under the presidency of Vladimir Putin.
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Special Period Periodo especial | |
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Country | Cuba |
Period | 1991–2000 |
Refugees | Around 30,000 |
Effect on demographics |
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Consequences |
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Privations during the Special Period included extreme reductions of rationed foods at state-subsidized prices, severe energy shortages, and the shrinking of an economy overdependent on Soviet imports.[2] The period radically transformed Cuban society and the economy, as it necessitated the introduction of organic agriculture, decreased use of automobiles, and overhauled industry, health, and diet countrywide. People were forced to live without many goods and services that had been available since the beginning of the 20th century.