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

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  • Joy Gordon

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.

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  • Joy Gordon, 2016. "Economic Sanctions as ‘Negative Development’: The Case of Cuba," Journal of International Development, John Wiley & Sons, Ltd., vol. 28(4), pages 473-484, May.
  • Handle: RePEc:wly:jintdv:v:28:y:2016:i:4:p:473-484
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    Cited by:

    1. Crozet, Matthieu & Hinz, Julian & Stammann, Amrei & Wanner, Joschka, 2021. "Worth the pain? Firms’ exporting behaviour to countries under sanctions," European Economic Review, Elsevier, vol. 134(C).

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