The Heads and Tails of Monetary Duality in Cuba

Read more about the rise and imminent fall of Cuba's dual currency experiment in a piece titled "The Heads and Tails of Monetary Duality" by IMTFI Postdoctoral Scholar and Fellow Mrinalini Tankha in the webzine Cuba Counterpoints. Using the striking iconography on the two national currencies - the Cuban Peso and the Cuban Convertible Peso - she shows how at the core of monetary duality in post-Soviet Cuba is the process of reconciling the role of the state and market.