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The service sector of Cuba: An analysis and critique
Author(s) -
Robertson Christopher J.,
Lindsay Richard P.,
PerezVerzini Marcelo
Publication year - 2006
Publication title -
thunderbird international business review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.553
H-Index - 37
eISSN - 1520-6874
pISSN - 1096-4762
DOI - 10.1002/tie.20108
Subject(s) - foreign direct investment , tertiary sector of the economy , service (business) , investment (military) , international trade , soviet union , economics , commercial policy , trade union , international economics , business , political science , economy , politics , macroeconomics , law
The Cuban economy has experienced a significant increase in foreign direct investment over the past decade due to the end of the Soviet Union and the establishment of more liberal trade policies. Although the U.S. embargo of trade with Cuba still exists, there has been movement lately that suggests the end of the four‐decades‐old policy. The purpose of this article is to analyze the current Cuban business environment and to identify potential entrepreneurial opportunities in the service sector. Major trade partners are also reviewed and managerial implications discussed. © 2006 Wiley Periodicals, Inc.