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Mark Falcoff, "Cuba: A New Crisis Brewing," in Latin America Outlook, July 2002, (aei.org)
Cuba, one of the last bastions of hard-core Marxist dictatorship, has undergone a precipitous economic decline since Fidel Castro's 1959 revolution. The situation has become increasingly dire since the collapse of the Soviet Union left Cuba without a major foreign benefactor.
According to AEI scholar Mark Falcoff, things are likely to get worse for Cuba before they get better. To begin with, a lifting of the American trade embargo--primary bugbear of Castro's demonology--would do little to help the island. While American politicians and industry groups have favored open trade with Cuba, President ...