Title

Tourism and Economic Development in Cuba

Poster Number

3

Lead Author Major

International Affairs and Commerce

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

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Apr 20th, 10:00 AM Apr 20th, 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.