The present study is an attempt to compare the performance of two competing models of economic development-- the conservative and radical models. The conservative model is represented by the Central American countries of El Salvador, Guatemala, and Honduras; the radical model is represented by Cuba. The following chapters focus on a comparison of these models as they have manifested themselves in the Carribean basin. The analysis of the performance of the models is conducted by comparing socioeconomic variables of the countries representing the models. The study looks at the time period 1960 - 1980 which coincides with the adoption of the two models in the respective countries.