Chapter

Evolution and Results of Foreign Investment in Cuba

Paolo Spadoni

in Failed Sanctions

Published by University Press of Florida

Published in print November 2010 | ISBN: 9780813035154
Published online September 2011 | e-ISBN: 9780813038896 | DOI: http://dx.doi.org/10.5744/florida/9780813035154.003.0003
Evolution and Results of Foreign Investment in Cuba

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This chapter analyzes the evolution and results of foreign direct investment in Cuba to show the positive impact of foreign capital and know-how on the development of the Cuban economy. Public disclosure of data on the presence of foreign capital in Cuba is basically limited to statistics on the evolution of international economic associations by year, by sector, and by country. This method of reporting the level of foreign investment in the country offers no idea of the value or strategic importance of the deals involved. Toward this end this chapter makes extensive use of not easily accessible official reports along with additional information collected from a variety of sources in order to provide a quite detailed analysis of foreign business activities in Cuba and their main economic effects.

Keywords: foreign investment; Cuban economy; foreign capital; official reports; statistical analyses; business activities

Chapter.  11682 words.  Illustrated.

Subjects: Society and Culture

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