The Cuban Economy In The US

In 1959, Cubareceived 74 percent of its imports from the US, and the US received 65 percentof Cuba’s exports. On February 3, 1962, the United States imposed a fulltrade embargo on Cuba, completely ending any type of trade between the twocountries. This embargo remains in effect today, more than four decades later,and has grown ! to be a huge center of debate and controversy (DeVarona 8).Opponents to the embargo argue that the embargo does nothing more than hurt theCuban people, while proponents argue that the embargo places pressure on Castroto repair Cuba’s mismanaged and corrupt government. Both the supportersand the opponents of this embargo have strong arguments and evidence to supportthese

During the Cold War, relations between Cuba and the United States were icy. Cuba was allied with the USSR, America’s enemy, and was well within their sphere of influence. With events like the failed Bay of Pigs invasion and the Cuban Missile Crisis happening on their soil, Cuba was at the center of the Cold War. Between ideological differences and their alliance with Russia, Cuba became an enemy of America as well. It took the efforts of ten American presidents, six Popes, and countless other actors, but Cuba and America are finally in the process of normalizing relations. There is still work to be done, but the path is clear and the time is right. However, one cannot simply ignore the last fifty years. In that time, millions of lives were affected by the lack of social, economic, and political ties between the U.S. and Cuba. In this paper, I will analyze the last fifty years of U.S. - Cuban relations by looking at the involved actors, their means, and their values and interests through the lenses of two paradigms, realism and constructivism.

The Cuba Policy came into effect to end all relations between the United States and Cuba. The U.S. policy toward Cuba is controlled by the embargo, which contains economic agreements and restrictions on travel to Cuba. The effect of this policy is to minimize commercial, political and resident relations between the United States and Cuba. The State Department indicated that the purpose of the embargo was to have a nonviolent transition to a secure, democratic form of government and respect for human rights in Cuba.

The embargo is being lifted and Cuba will once again have a good relationship with the United States. The United States has had a rocky relationship with Cuba for the past fifty years. A series of events lead to the destruction of relations between the two nations: the Cuban Revolution, the announcement of the embargo, the Bay of Pigs invasion, and the Cuban Missile Crisis. The Revolution of Cuba in 1959 started the eventual demise of the trust between Cuba and the United States.

The United States and Cuba have had a history of tension that goes back about 50 years. Within those years, an embargo was placed that kept Cuba isolated from participating in activities such as trade with the U.S. In 2008, a major step towards

Goods or services of Cuban origin may not be imported into the United States either directly or through third countries” (2001) . According to the Cuba Policy Foundation, the United States loses up to $4.84 billion annually in trade and exports alone (Pepper 2009) . The amount of money being disregarded because of now defunct reasons is radically lacking in logic. A simple repealing of the embargo would bring both the United States and Cuba great economic success.

“Raw sugar accounts for one quarter of Cuba’s export less than half a billion dollars” (The Economic Impact of Better US-Cuba Relations, 2015). Ending the embargo “Cuban exports can go from $0 to 5.8 billion” (US Cuba Embargo Pros and Cons: Renewed Relations Sets Caps and Limited Success for Businesses). Both economics can benefit massively from lifting the trade embargo this is because one of the most imperative exports of the Cuban economy is nickel. Nickel a mineral used in many industrial processes such as the creation of stainless steel, it can be a major use to the United States economy because it imports around 43% of nickel from the rest of the world therefore Cuba could benefit by entering the United States market. Cuba’s major import is refined petroleum which the United States is one of the largest producers of, the Cuban economy also imports wheat corn, meat, milk and soybeans which the United States also produces. Additionally, Cuba also exports rum and tobacco(cigars) which are said to be legendary in the United States. With the lifting of the embargo these products can be exported to the United States because Americans loves these clichés also, these exports can lead to a major enhancement in the Cuban economy because trade increases sales and profits, strengthen local competitiveness and diversification. Together the countries will be able to trade mutually and exchange

Anderson provides his definition of the policy, “Under the policy he introduced, those Cubans apprehended by the U.S. Coast Guard at sea would be deported back to Cuba, but the U.S. would accept those who made it to American shores.” Since the policy was introduced the relationship between Cuba and the United States has improved considerably. Anderson states this as one of the main reasons it has improved, “But after Raúl Castro assumed office and his brother Fidel stepped down, in 2008, things have eased up considerably, with the lifting of travel prohibitions for Cubans.” There has also been a large increase in travel and money between the two countries.

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.

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

The United States is known for being one of the greatest and strongest countries in the world looking at past events and in this day and age. What might strike some people as shocking is that the U.S. would not be as strong without close ties with other countries or allies. Examples would be France, England, and Canada, plus many more. What people don’t talk about is the U.S.’s rivals or countries that the U.S. has had trouble with in the past leading up to now. One of the most renowned countries is only ninety miles away from the southern tip of Florida and that is Cuba. Cuba is known for the fantastic beaches, some of the most well-known baseball players around, and, of course, Cuban cigars and rum. But, the past with Cuba is not as bright as the U.S. wants it to be because of historical events such as the embargo, the Bay of Pigs, and the Cuban missile crisis during World War II that caused the two countries to separate as allies and close tied nations. Over the past year the U.S. and Cuba have been trying to put the past behind them and have diplomatic and cultural relations once again.

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

In the early 1900’s, Cuba was a stomping ground for many of the rich and famous from the United States. Many famous movies stars and wealthy business entrepreneurs spend their vacations there along with a substantial amount of money. Trade and commerce between the United States and Cuba flowed freely and abundantly. Even with the Dictatorship-like regime of Batista, the countries benefited from the economic trade between them. This was all about to come crashing down as revolts against Batista occurred and Fidel Castro came to power within Cuba.

From a global standpoint, the situation between Cuba and the United States was only increasing tensions between the United States and the Soviet Union. As Castro became more communist, he began to develop a strong economic and military relationship with the Soviet Union. As Castro and the Soviet Union developed this relationship, one might ask why Cuba was willing to give up some of its autonomy to the Soviets. After all, the Cubans had just broken free from United States’ control and finally had full and complete sovereignty; why after this revolution would Cuba immediately revert back to a system where a superpower had power over them? From a realist perspective, Cuba had much to gain in terms of relative power from this relationship. Not only did they become allies with one of the world’s largest superpowers, thus giving them increased security, they also received several weapons shipments from the Soviets. Hence, Cuba came to look stronger and have more relative power by this relationship with the Soviets. Realists also note that the USSR benefitted from this relationship; in a time when the US and USSR were going tit-for-tat in terms of power and arms, the USSR successfully expanded their power bases to the Western Hemisphere, bringing communism and the Soviets closer to the US and expanding their power relative to the United States. This

Devoid of the Cuban embargo the two countries will be able to enjoy economic growth and there will be an abundant circulation of cash between the two countries. Upon the removal of the embargo there will be more business opportunities and better advantages for the trade to open for the two countries. With its