Abstract
It is widely acknowledged that by the second half of the nineteenth century, the United States—by then an emerging industrial power—had become Cuba’s main trading partner and a critical driver of its economy. Following US intervention on the island in 1898, and during the founding of the Cuban republic, wide-reaching new laws codified US influence1 and extended its reach further into Cuba’s political, military, and cultural sectors. The 1959 Revolution, within a matter of years, destroyed a relationship that, although long-standing and close, had always been asymmetric. In many respects, Cuban economic development had languished because of the extensive commercial and investment privileges granted to large US corporations in the domestic Cuban market.
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Torres, R. (2016). Cuban Economic Reforms and Rapprochement with the United States: A Comparative Perspective. In: Hershberg, E., LeoGrande, W.M. (eds) A New Chapter in US-Cuba Relations. Studies of the Americas. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-29595-4_10
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DOI: https://doi.org/10.1007/978-3-319-29595-4_10
Publisher Name: Palgrave Macmillan, Cham
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