Cuba Dependency and Development

Date of Award

2011

Document Type

Thesis

Degree Name

Bachelors

Department

Social Sciences

First Advisor

Khemraj, Tarron

Keywords

Cuba, Dependency, Development

Area of Concentration

Economics

Abstract

This thesis portrays the economic pattern of Cuba and exposes how the socialist model failed to improve the economic outcome of the island. The question is whether or not the socialist model works on how to bring the economy of a country like Cuba to a higher level of development, or at least to take the country away from underdevelopment. Dependency theory addresses some of the issues that these underdeveloped Latin American nations face. The dependency on capital and technology reinforce the patterns of underdevelopment regardless of the economic model. History and statistical data from before and after the revolution in 1959 have led to the conclusion how the model once used fight underdevelopment actually reinforced it. Marxist economists, and more specifically, Andre Gunder Frank, suggested that the only possible solution for underdevelopment was by destroying the capitalistic economic model and implanting socialism. The socialist model in Cuba disproved Frank�s suggestion. The island was constantly dependent on Spain first, then the US after, and finally a communist power, the USSR. To become economically independent and achieve a certain level of development, Cuba must apply policies that best fit its own interests and the willingness to understand the internal market dynamics of the island.

Rights

This bibliographic record is available under the Creative Commons CC0 public domain dedication. The New College of Florida, as creator of this bibliographic record, has waived all rights to it worldwide under copyright law, including all related and neighboring rights, to the extent allowed by law.

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