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A New Chapter in US-Cuba RelationsCuban Economic Reforms and Rapprochement with the United States: A Comparative Perspective

A New Chapter in US-Cuba Relations: Cuban Economic Reforms and Rapprochement with the United... [It is widely acknowledged that by the second half of the nineteenth century, the United States—by then an emerging industrial power—had become Cuba’s main trading partner and a critical driver of its economy. Following US intervention on the island in 1898, and during the founding of the Cuban republic, wide-reaching new laws codified US influence1 and extended its reach further into Cuba’s political, military, and cultural sectors. The 1959 Revolution, within a matter of years, destroyed a relationship that, although long-standing and close, had always been asymmetric. In many respects, Cuban economic development had languished because of the extensive commercial and investment privileges granted to large US corporations in the domestic Cuban market.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A New Chapter in US-Cuba RelationsCuban Economic Reforms and Rapprochement with the United States: A Comparative Perspective

Part of the Studies of the Americas Book Series
Editors: Hershberg, Eric; LeoGrande, William M.

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Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s) 2016
ISBN
978-3-319-31151-7
Pages
129 –142
DOI
10.1007/978-3-319-29595-4_10
Publisher site
See Chapter on Publisher Site

Abstract

[It is widely acknowledged that by the second half of the nineteenth century, the United States—by then an emerging industrial power—had become Cuba’s main trading partner and a critical driver of its economy. Following US intervention on the island in 1898, and during the founding of the Cuban republic, wide-reaching new laws codified US influence1 and extended its reach further into Cuba’s political, military, and cultural sectors. The 1959 Revolution, within a matter of years, destroyed a relationship that, although long-standing and close, had always been asymmetric. In many respects, Cuban economic development had languished because of the extensive commercial and investment privileges granted to large US corporations in the domestic Cuban market.]

Published: Apr 18, 2016

Keywords: Gross Domestic Product; Economic Reform; Central Planning; Socialist Country; Cuban Model

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