Skip to main content Accessibility help
×
Hostname: page-component-76d6cb85b7-8p85h Total loading time: 0 Render date: 2026-07-24T17:39:47.389Z Has data issue: false hasContentIssue false

8 - The Impact of US Sanctions on Cuba’s Economic Development

from Part I - Humanitarian Consequences

Published online by Cambridge University Press:  28 November 2025

Joy Gordon
Affiliation:
Loyola University, Chicago

Summary

Cuba’s current economic struggles are due to a number of factors. These include an economic structure resulting from colonialism and neocolonialism and Cuba’s geopolitical alliance with the Soviet Union, which had mixed results in terms of economic performance. In the twenty-first century, there have been attempts in Cuba at market-oriented structural reforms, without a great deal of success. Thus far, these reforms have not shown major significant macroeconomic effects. However, it cannot plausibly be denied that Cuba’s post-1959 development strategy has been severely impacted by the system of unilateral economic sanctions imposed by the US. The US’s system of unilateral coercive economic sanctions disrupts Cuba’s international economic relations by making it expensive and risky for other countries to do business with the island and causing Cuba’s investment in infrastructure to perform below expectations. Sanctions create obstacles to accessing new technologies and foreign direct investment for key sectors of the Cuban economy, such as biotechnology and tourism, both of which are important elements of Cuba’s development strategy. Consequently, the US system of unilateral coercive measures affects Cuba’s overall economic health, has inflicted considerable damage to the Cuban population, and has interfered in many ways with the realization of Cuba’s development goals, violating the island nation’s right to development.

Information

Save book to Kindle

To save this book to your Kindle, first ensure no-reply@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×