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Failed SanctionsWhy the U.S. Embargo against Cuba Could Never Work$
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Paolo Spadoni

Print publication date: 2010

Print ISBN-13: 9780813035154

Published to Florida Scholarship Online: September 2011

DOI: 10.5744/florida/9780813035154.001.0001

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Evolution and Results of Foreign Investment in Cuba

Evolution and Results of Foreign Investment in Cuba

Chapter:
(p.60) 3 Evolution and Results of Foreign Investment in Cuba
Source:
Failed Sanctions
Author(s):

Paolo Spadoni

Publisher:
University Press of Florida
DOI:10.5744/florida/9780813035154.003.0003

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

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