Chapter

U.S. Financial Flows in the Cuban Economy

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/9780813035154.003.0005
U.S. Financial Flows in the Cuban Economy

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This chapter tracks the flow of hard currency reaching Cuba from the United States in order to provide evidence of the importance for the Cuban economy of activities carried out by U.S. citizens and firms. More specifically, it analyzes the presence of U.S. visitors on the island, the flow of remittances from Cuban exiles, payments to the Cuban government by American carriers for telecommunications services, and U.S. investments in foreign companies that operate in the Cuban market. It also examines U.S. food sales to Havana and other recent developments.

Keywords: financial flows; Cuban economy; food sales; remittances; Cuban government; Cuban exiles

Chapter.  16665 words.  Illustrated.

Subjects: Society and Culture

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