Exploring a critical aspect of US foreign trade and relations, this book delves into the strategies behind government subsidies that support domestic industries. It examines how these financial aids influence international competitiveness and shape diplomatic ties, providing a comprehensive analysis of the implications for economic policy and global markets. Through detailed case studies, it highlights the balance between promoting national interests and fostering international cooperation.
"90 miles off the coast of Florida a new revolution is afoot. This time instead of guerillas marching through the streets of Havana, it is a global economy that will revolutionize Cuba. Now open to the world, how will this nascent economy develop?Open for The Cuban Economy after Castro , Richard Feinberg’s new book, examines the Cuban economy from its long held and outdated economic model to its early steps into developing a dynamic market economy. He examines key issues like the role foreign investors will play, how Cubans will forge a path to entrepreneurship, and the roadmap from other emerging economies.As Cuba’s economy awakens from the post-Castro dream, it will do so on its own terms and with a flavor that is entirely Cuban. Feinberg’s book speaks both to Cuba’s legacy and to its new horizons on the world stage."
An expert guide to Cuba’s economic opening to the outside world. Ninety miles across the Straits of Florida, an exciting new revolution is afoot. This time, instead of guerillas marching down the streets of Havana, it is a global economy that will upend Cuba. Now opening to the world, what new forms is this nascent economy likely to take? Open for Business: The New Cuban Economy, Richard E. Feinberg’s new book, examines the Cuban economy as it makes its early steps into developing a more dynamic market economy. He examines key issues like the role foreign investors will play, how Cubans will forge a path to entrepreneurship, and the roadmaps suggested by other emerging economies. As Cuba’s economy awakens from the post-Castro dream, it will do so with a flavor that is uniquely Cuban. Feinberg’s book—enriched by interviews and in-depth field research conducted over the last five years—speaks both to Cuba’s legacy and to its new horizons on the world stage.