Tourism and Economic Development in Cuba
Poster Number
3
Format
Poster Presentation
Faculty Mentor Name
Niru Tadav
Faculty Mentor Department
International Studies
Abstract/Artist Statement
Although Cuba is only 90 miles off of the coast of Florida, most United States citizens have been forbidden to travel there, except under the most controlled circumstances. Many other nations, on the other hand, continue to have open access to this fascinating country that is facing a period of transition. In my research, I am looking into how the tourism industry affects Cuba’s overall economy. Specifically, I am looking at the effect of Cuba’s duel monetary system and its relation to the socio-economic impacts of tourism on Cuba. As a result of the duel monetary system, access to the tourist market provides individuals who work in tourism access to Cuban Convertible Currency which is valued at twenty-four times more than the Cuban peso which is the standard currency for Cuban wages. I explore how this division of monetary access plays into the society. While the foundation of my paper is based on research I have done from afar including data analysis of the Cuban economy, review of previous scholarly articles related to the impact of tourism on Cuba’s economy, and studies on the effect of tourism on other developing nations, I have also included my own observations and the Cuban perspective from on-the-ground interviews in Cuba.
Location
DeRosa University Center, Ballroom
Start Date
20-4-2013 10:00 AM
End Date
20-4-2013 12:00 PM
Tourism and Economic Development in Cuba
DeRosa University Center, Ballroom
Although Cuba is only 90 miles off of the coast of Florida, most United States citizens have been forbidden to travel there, except under the most controlled circumstances. Many other nations, on the other hand, continue to have open access to this fascinating country that is facing a period of transition. In my research, I am looking into how the tourism industry affects Cuba’s overall economy. Specifically, I am looking at the effect of Cuba’s duel monetary system and its relation to the socio-economic impacts of tourism on Cuba. As a result of the duel monetary system, access to the tourist market provides individuals who work in tourism access to Cuban Convertible Currency which is valued at twenty-four times more than the Cuban peso which is the standard currency for Cuban wages. I explore how this division of monetary access plays into the society. While the foundation of my paper is based on research I have done from afar including data analysis of the Cuban economy, review of previous scholarly articles related to the impact of tourism on Cuba’s economy, and studies on the effect of tourism on other developing nations, I have also included my own observations and the Cuban perspective from on-the-ground interviews in Cuba.