| Popis: |
To open our feature on business in Cuba, Kaplowitz presents a brief overview of the dramatic changes in the Cuban market since the fall of the Soviet Union in 1989. Until 1988, 85% of Cuban two-way trade was with the former Soviet Union, but by 1993 the COMECON nations accounted for only 20% of Cuban trade. The resulting chaos has created openings for Latin American, European and Canadian businesses to fill the investment void in Cuba. Kaplowitz lays out how recent developments have affected Cuban laws on foreign investment and trade, reviews which foreign companies are barkening to Cuba's call, and what the opportunities might be for U.S. businesses should relations between the two countries improve over the long-term. Her article is the first of seven articles in this feature. |
Full Text from ScienceDirect