Fdi Risk Analysis of Cuba

The Cuban government avoids taking action on big issues due to bribes from people who don't want to see any change in Cuba. The people who are bribing these officials are most likely conducting illegal activities . Refworld.org has Cuba ranked from a scale from 0-10 (0 being the worst) 4.5 amoung 186 other countries.

Cubans have absolutely no problem sharing their feelings, thoughts, and ideas. They are known for being boisterous and not keeping anything to themselves. For example, when I have gone a long time without seeing a family member the first words out of their mouth are “oh my goodness! You have gained weight.” If anyone wants an honest opinion a Cuban is the right person to ask, they are very blunt and to the point. Although they are open to talk about anything to have a conversation, there are somethings that are considered taboo in discussion. A very touchy subject would be racism. In Cuba, they are still battling some issues with it. It is said that black Cubans do not get the same fair treatment as all the others. They are given the hardest and less remunerated jobs. Many Black Cubans complain that they are given a hard time in their jobs and get hassled the most by police when they are doing their jobs (New attitudes on once-taboo race questions emerge in Cuba, 2017).

Cuba’s government is a totalitarian-socialist regime from a communist state. Fidel Castro is Cuba’s leader by default, but many Cuban’s dislike Castro’s ruling and cannot wait till the end of Castro’s rein. Castro also has his own army, which help him keep everything in order in and around the country. Fidel’s army is also known for brutal attacks on its citizens. Cuba’s religion is 85% Roman Catholic and many take their religion seriously.

To begin, it is important to know about the history of Cuba to fully comprehend how things came to be as they are today. Since the Conquest and Colonization Era (1492-1898), many of the prominent European countries and the powerful neighbor to the north of Cuba, the United States of America, have attempted to take control of the land. It first began with the Spanish conquistadors, specifically Diego Velázquez, who was the first to explore and settle the land. Up until the end of the 19th century, the Spanish monarch was the authoritative figure overseeing the land and

Cuba is a nation that formed from a history of colonial and imperial domination. Formal colonial status under Spain ended during the invasion by the United States in 1898, when military and corporate interests made the island a de facto colony of the United States. However, Cuba and the United States have had a long history of both political and military ties; both good and bad. Nevertheless, these ties have played a vital role in the current relationship the United States maintains with Cuba. In the recent years, both countries have continued to work toward a better diplomatic relationship; possibly enhancing the overall success of both Cuba and the United States.

Cuba, officially known as the Republic of Cuba (which it, most assuredly, is not), is a large island nation located in the northern part of the Caribbean Sea, closer to the United States than Latin America. Historically, Cuba was inhabited by indigenous Americans, of which the Taíno comprised the dominant culture on the island (Dacal Moure and Rivero de la Calle, 1996). From the time of Columbus until 1898, Cuba was governed by Spain, and its agricultural economy relied on the importation of African slaves (Suchlicki, 2002). The people of Cuba are, at this time, an intermixture of these three ethnic groups, though people with lighter colored skin are generally in the higher socioeconomic strata, meaning which in Cuba means either professionals

The U.S. and Cuban controversies have been around since 1962. The president has decided that isolating Cuba has not worked and recently loosened travel restrictions and exports restrictions. Although this is a huge step to right directions economically, cultural effects so far have been minimal for both the U.S. and Cuba. Politically, Cuba is a socialist country, however, has been taking steps to democracy. For example, reforms breaking up government owned lands and authorizing self employment in many occupations. With the embargo lifted, it is expected that Cuba takes more steps in the right direction. On the economic side of things, Cuba still has strict control on foreign investment, but it is expected with time that investors will be

Cuba’s colorful history can be documented to before the days of the American Revolution in 1776, but today, American policy directly affects many Cubans’ lifestyles because of a nearly 45-year-old trade embargo that has been placed on the island nation. It is crucial to analyze the development of Cuba and its neighboring island nations in order to discern the reasons for Cuba’s current political situation with the United States. The following paper will discuss the events that shaped Cuba and larger Caribbean nations like Haiti, the Dominican Republic and Jamaica; next, a detailed description of Cuba’s turbulent history will help in explaining the Cuban transformation into a

Cuba and the Affects of the Embargo The island nation of Cuba, located just ninety miles off the coast of Florida, is home to 11 million people and has one of the few remaining communist regimes in the world. Cuba’s leader, Fidel Castro, came to power in 1959 and immediately instituted a communist program of sweeping economic and social changes. Castro allied his government with the Soviet Union and seized and nationalized billions of dollars of American property. U.S. relations with Cuba have been strained ever since. A trade embargo against Cuba that was imposed in 1960 is still in place today. Despite severe economic suffering and increasing isolation from the world community, Castro remains committed to communism. (Close Up

The United States’ and Cuba’s relationship has always been very volatile and open to change. Since the early twentieth century, the two countries have been close but separated at the same time. For a country that is as close as it is to the U.S., Cuba couldn’t be has isolated. Now this relationship wasn’t always bad, but do to the policy decisions of both countries they have a rocky relationship. In recent times, the United States has begun rethinking its harsh policy against the small island nation. In this essay, I will explain the history of the embargo, the issues with it, and what the future looks like for both countries. The Cuban Embargo has been ineffective at spreading democracy, solving human rights issues, and has harmed the economy,

n October 19th 1960, the United States of America implemented an embargo on American exports to Cuba. This undertaking was in response to the Cuban state nationalizing American owned property without any compensation. The embargo, which included just about all imports, is one example of US-Cuban relations that have been poor ever since the overthrow of the Batista regime (Haufbauer et al). In recent years, trade sanctions have finally began to open up and in 2000 the United States passed the Trade Sanctions Reform and Export Enhancement Act which allows for food and agricultural products to be exported to Cuba (Engage Cuba Coalition). However, despite this act opening up the market for food and agricultural products the Trade Sanctions Reform

This is a brief examination into Cuba’s historical progression and their constant political struggles with the government, the people of Cuba, and

Cuba had to evolve their economy because the Soviet Union had been such a huge part of it that when it was demolished, they were left with practically nothing. Cuba lost a third of its imports in a period of four years, as well as three-quarters of their trade, sending their economy into extreme crisis. Since Cuba’s leader, Fidel Castro, was not well liked around the world they had very few options in terms of foreign relations. Castro was a force to be reckoned with, the Soviet Union could not control him, and he often denied Soviet ideas. In the end, the soviet union sometimes felt that Castro was the one leading them. The relationship that Cuba had with Russia was imperative to their success because they had the upper hand. Since Castro had become isolated in relations with the western hemisphere he joined forces with Russia and the soviet union as they provided help in the military and economy. Now with the USSR gone, Cuba was left isolated and in need of desperate help. The Cuban people recognized their situation and began to value their currency more. Children growing up during the time of economic reform had learned to practice their own methods by renting their toys and videos to

The Cuban people have been under the harsh dictatorship of both Felgenico Batista and Fidel Castro. They both had very strict policies and gave the Cuban people limited or no freedom at all. Batista and Castro were similar but yet different. One major difference that they had was that Batista was friendly with the United States and he had respect for American interest. On the other hand Fidel Castro hasn’t been as friendly with the United States, so the U.S has a trade embargo that restricts and American company to do business with Cuba and also U.S citizens are prohibited from traveling to Cuba unless for special circumstances.

In 1940 to 1944, communist Fulgencio Batista withheld power as the president of Cuba and then from 1952 to 1959, United States backed dictator until fleeing Cuba because of Fidel Castro’s 26th of July Movement. Socialist Fidel Castro governed the Republic of Cuba as Prime Minister from 1959 to 1976 and then as President from 1976 to 2008. Fidel Castro’s intent was to provide Cuba with an honest democratic government by diminishing the corrupt way in which the country was run, the large role the United States played in the running of Cuba as well as the poor treatment & the living conditions of the lower class.