Cuban Economics

INTRODUCTION Modern Cuba is a country born of struggle. The revolutionary movement that formed the modern government has existed for over 40 years. Indeed, the Cuban government is probably one of the most stable governments in the region. The recent collapse of Haitian democracy made this fact even more evident. However, the economic policy of Cuba has undergone a major change over the past decade. Because of international restrictions and embargo by the United States, Cuba turned to various economic reform sources to survive in the world market.

In the long run, US embargoes are protecting Cuba from catastrophic economic policies of neo - liberal theorists, so it benefits Cuba 's development. A comparison of Cuba's economic well-being and Argentina's economic well-being from 2001 to 2002 shows how much embargoment helped Cuba's development. From 2001 to 2002, Argentina was at the height of the era of inequality due to government poverty and inadequate economic management (Vilas 2006: 163). The reason why the Argentine economy failed is, unlike when the Cuban economy started to take off, it is a neoliberal policy that it constructed.

It is a government. US economic and political power of the Cuban economy after 1898 US Spain - Cuba - American War contributed not only to the revolution in 1959 but also to other revolutionary attempts that failed before 1959. After succeeding in the war for the Cubans, the US promised to provide political freedom to the Cubans on paper. But in principle, this is not done, it does not prevent the US economic expansion on the island.

Between 1959 and 1980, an estimated 500,000 Cubans traveled to the US leaving the island for political and economic reasons, only in 1980 the Cuban government wanted the Cuban government to leave We temporarily permitted. By 2010, there are over 1.9 million American communities in Cuba, 67% of which lived in Florida. As a voting group, Cuban-American Americans have traditionally opposed to end US embargo on Cuba, but in recent years more and more people have supported diplomatic contacts of younger generation.

By the Spanish - American War victory in 1901 and the signing of the Platform Revision, the United States was guaranteed to have the right to militarily intervene in Cuba 's political and economic problems as needed. After the Cuban revolution in 1959, the rapid deterioration of relations brought about invasion into Pigs Bay, the Cuban missile crisis, and ongoing efforts to destabilize the US island. America invaded and occupied Ispaniola (the current Dominican Republic and Haiti) for 19 years (1915 - 34), and led the economy of Haiti through repayment of aid and loans. America invaded Haiti again in 1994 and was criticized by CARICOM in 2004 for arranging a coup d'etat to dismiss Haitian leader Jean - Bertrand Aristide