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Publication Detail
How Will U.S.-Cuban Normalization Affect Economic Policy in Cuba?
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Publication Type:Internet publication
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Authors:Morris EJ
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Publisher:Center for Latin American & Latino Studies at American University and Cuba Program at the Social Science Research Council, Implications of Normalization forum
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Publication date:03/04/2015
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Medium:Blog
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Language:English
Abstract
The effects of the U.S.-Cuban rapprochement announced on December 17, 2014 on the Cuban economy and economic policy will be profound. The main direct economic effect will be a significant boost to Cuban earnings from US visitors, together with a transformation of expectations. For the longer term, the change in US policy has initiated a new phase in Cuba's international economic opening that will gather pace and transform the Cuban economy.
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