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US economic sanctions on Cuba: An analysis of the reasons for their maintenance

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  • Nahrstedt, Jan

Abstract

This paper investigates why the US economic embargo against Cuba is still in place, despite its lack of effectiveness towards the stated objectives of the US government. An explanatory approach with two theoretical frameworks from economics and political science is applied. The paper explores the assumption that the embargo is not in place to achieve a systemic change in Cuba, but rather because it satisfies certain interest groups in the US. An article with similar methodology from 1997 is updated, and the strength of established interest groups is re-evaluated. It is concluded that US interest groups supporting the maintenance of the sanctions against Cuba have significantly weakened since 1997. Additionally, the general US population's support for the embargo, while already weak in 1997, has further weakened and made a rapprochement of the US toward Cuba, especially under a Democratic Presidency, increasingly likely.

Suggested Citation

  • Nahrstedt, Jan, 2021. "US economic sanctions on Cuba: An analysis of the reasons for their maintenance," IPE Working Papers 162/2021, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
  • Handle: RePEc:zbw:ipewps:1622021
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    References listed on IDEAS

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    6. Carlos Seiglie, 1997. "The Political Economy of Trade Sanctions: The Case of Cuba," Annual Proceedings, The Association for the Study of the Cuban Economy, vol. 7.
    7. Hufbauer, Gary Clyde & Jung, Euijin, 2020. "What's new in economic sanctions?," European Economic Review, Elsevier, vol. 130(C).
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    More about this item

    Keywords

    trade sanctions; Cuba; economic embargo; political interest groups;
    All these keywords.

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • N42 - Economic History - - Government, War, Law, International Relations, and Regulation - - - U.S.; Canada: 1913-
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

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