The Intra-Industrial and Inter-Industrial Trade of Cuba after the Collapse of the Soviet Union and the Re-establishment of Diplomatic Relations with the United States of America

17 Pages Posted: 18 Jan 2016

See all articles by Jorge Alberto López Arévalo

Jorge Alberto López Arévalo

Chiapas State University (UNACH)

Francisco García-Fernández

Autonomous University of Tamaulipas

Rafael Alejandro Vaquera Salazar

Warwick Business School; Universidad Autonoma de Tamaulipas

Date Written: January 17, 2016

Abstract

This paper analyses the characteristics of the foreign trade of Cuba with its most important trade partners, from the so-called Special Period which was the result of the collapse of the Soviet Union in 1991. The absence of the Soviet bloc presented Cuba the necessity of structural changes in its economy and foreign trade. Trade between Cuba and its trade partners is a center-periphery type, where during the last time China outstands, as exporting center of manufactured goods and Cuba as supplier of raw materials. The economic embargo of United States to Cuba has limited the foreign trade, but lately United States has become a good supplier of Cuba, whereas Cuba has exported mostly art pieces and antiquities. Russia, once upon the most important trade partner, has now the same condition as China, as exporter to Cuba of manufactured goods and machinery, and Cuba as supplier of raw materials.

Keywords: Foreign trade, intra-industrial trade, inter-industrial trade

Suggested Citation

López Arévalo, Jorge Alberto and García-Fernández, Francisco and Vaquera Salazar, Rafael Alejandro, The Intra-Industrial and Inter-Industrial Trade of Cuba after the Collapse of the Soviet Union and the Re-establishment of Diplomatic Relations with the United States of America (January 17, 2016). Available at SSRN: https://ssrn.com/abstract=2717062 or http://dx.doi.org/10.2139/ssrn.2717062

Jorge Alberto López Arévalo (Contact Author)

Chiapas State University (UNACH) ( email )

Boulevard Belisario Domínguez, kilometro 1081
Sin Número, Terán Tuxtla Gutiérrez
Chiapas, C.P. 29050
Mexico

Francisco García-Fernández

Autonomous University of Tamaulipas ( email )

Mexico

Rafael Alejandro Vaquera Salazar

Warwick Business School ( email )

Coventry CV4 7AL
United Kingdom

HOME PAGE: http://https://www.wbs.ac.uk/

Universidad Autonoma de Tamaulipas ( email )

Facultad de Comercio y Administracion Victoria
Centro Universitario Victoria
Ciudad Victoria, Tamaulipas 87149
Mexico

HOME PAGE: http://https://fcav.uat.edu.mx/

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