Rationing in Cuba Rationing in Cuba Rationing in Cuba refers to the system of food distribution known in Cuba as the "Libreta de Abastecimiento" ("Supplies booklet"). The system establishes the rations each person is allowed to buy through that system, and the frequency of supplies. Despite rumors of ending, the system still exists. As of 2012, a coupon book taken to a ration shop provided family minimums for rice, sugar, matches, and oil, above the average wage of £15/month. On top of rationing, the average wage at the end of 2005 was 334 regular pesos per month ($16.70 per month) and average monthly
Credit rationing mechanism of monetary policy. Drawing on the famous Oxford surveys of businessmen in the 1930s he argued that it was likely that changes in the interest rate did not have a substantial effect on investment decisions. Harrod went on to argue that the main channel through which interest rates curtailed economic activity was through the process of what is now known as credit rationing. He wrote that: "It is essentially the imperfection of the capital market that makes monetary policy a powerful weapon." Credit rationing Credit rationing is the limiting by lenders of the supply of additional credit to borrowers