Economic Sanctions as ‘Negative Development’: The Case of Cuba

Joy Gordon

Journal of International Development, 2016, vol. 28, issue 4, 473-484

Abstract: Economic sanctions are often viewed as a useful tool to enforce international law. However, they can do significant damage to the economy and development of the targeted country. The US embargo against Cuba has not only blocked its access to US markets but also intervenes in Cuba's trade with third countries, its international financial transactions, and the repair of its infrastructure. The embargo also targets each of the areas in which Cuba is positioned to produce goods and services on a par with highly developed countries, including medicine, biotechnology, and software. Copyright © 2015 John Wiley & Sons, Ltd.

Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:wly:jintdv:v:28:y:2016:i:4:p:473-484

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