A range of economic dimensions is examined, including trade in goods and services (notably tourism), direct foreign investment, international migration, and development assistance. Following a brief review of the evolving relationship from 1959 to 1990, the nature of the economic relationship between Canada and Cuba is analyzed in more detail for the 1990 to 2009 era.
Argues that China has gained influence in multilateral institutions, prompting them toward greater acceptance of public spending in developing countries and that recent developments in Cuba show that China is actively encouraging the Western hemisphere's only communist country to liberalize its economy. China sits at the crossroads of these local and global developments, prompting Cuba toward rapprochement with international norms even as it works to reform them.
Examines economic dependency of Caribbean nations on the US, consequences of the Caribbean Basin Initiative, and likely effects of NAFTA and the Free Trade Area of the Americas (FTAA) on the Caribbean region.
Argues that the architecture of the world monetary-financial sphere should be changed by reforming the Jamaica world monetary system and establishing a more transparent and sustainable mechanism for the transborder movement of capital. K. Cargill
