Investing in Cuba's Future

December 15, 2015

Don't break out your Montecristos just yet, but the U.S. and Cuba just started talks on compensation claims for expropriated property and damages. It's a promising moment for both sides -- and more is at stake than the sums directly involved.

Restoring economic ties between the U.S. and Cuba can speed an economic transformation that will benefit not just the old antagonists but the wider Caribbean region as well. That prize should urge the parties to show some ambition and flexibility. This negotiation is far from being a zero-sum game.

For much of the 19th and 20th centuries, Cuba was not only the Caribbean's most populous country but also its biggest exporter -- a magnet for migrants and U.S. investment. By the time Fidel Castro came to power in 1959, the value of U.S. business enterprises in Cuba outstripped U.S. investment in any other Latin American country except Venezuela, and included marquee firms such as IBM, Firestone, and what became Exxon Mobil...

Recent Articles

Date Title
12/31/15 Rep. Mario Diaz-Balart, Obama administration demand release of Cuban prisoner
James Rosen, The Miami Herald
12/31/15 Traveling to Cuba is easier than ever. Will that change if a Republican becomes president?
Michelle Hackman, Vox
12/31/15 Tampa company hopes to open warehouse distribution center in Cuba
Mimi Whitefield, The Miami Herald
12/30/15 Raul Castro prepares Cuba for tough year despite US opening
12/30/15 U.S. urges Cuba to release ailing prisoner Vladimir Morera Bacallao
12/30/15 Cuba sees GDP growth slowing to 2 percent in 2016, down from 4 percent
Mark Frank, Reuters
12/29/15 Amid Cuba Opening, Havana Quinceanera Biz Booms
Christine Armario, AP
12/29/15 Cuba’s Art Factory aims for industrial-scale hipness
Nick Miroff and Sarah L. Voisin, The Washington Post
12/29/15 Central American nations announce deal on Cuban migrants
Javier Cordoba, AP
12/29/15 A socialist vision fades in Cuba’s biggest housing project
Nick Miroff, The Washington Post
12/28/15 Costa Rica moves to deport 56 Cuban migrants
12/28/15 Japan to forgive ¥120 billion in claims against Cuba
The Japan Times
12/28/15 Cuban migrants: Pope Francis urges quick solution
12/27/15 New Conservation Effort Aims To Protect Papa's Papers
12/26/15 Our lifelong gift: Share our knowledge and time with those in Cuba
Mike Fernandez, The Miami Herald
12/24/15 Watchdog says secret US, Cuba programs pose plenty of problems
12/24/15 As MLB seeks legal entry to Cuba, Obama considers playing ball
Daniel Trotta, Reuters
12/24/15 Marco Rubio and Ted Cruz won’t be able to reverse U.S. overture to Cuba
Mary Sanchez, The Kansas City Star
12/23/15 Christmas Fever Hits Cuba, But Gifts Elusive for Many
Tracy Eaton, NBC News
12/23/15 End embargo against Cuba
Editorial, Houston Chronicle
12/22/15 Cuba Study Group announces Executive Director Tomas Bilbao to step down at end of year Files
Cuba Study Group
12/21/15 Business leaders pen ‘open letter’ urging fellow Cuban Americans to embrace U.S. policy changes
Patricia Mazzei, The Miami Herald
12/18/15 Raul Castro urges US to end broadcasts aimed at Cuba
12/18/15 Poll: Cuban-Americans warming to Obama’s policies toward the island
Glenn Garvin, The Miami Herald
12/17/15 Statement on the Anniversary of the Historic Shift in Relations between the United States and Cuba
Cuba Study Group
12/16/15 Exploring the underground real estate market in Cuba
Mandi Woodruff, Yahoo
12/16/15 MLB players visit Cuba officially for first time since 1999
CBS Sports
12/16/15 Miami Republican files legislation in Congress to end automatic benefits for Cuban immigrants
Patricia Mazzei, The Miami Herald
12/16/15 US, Cuba near deal on direct commercial flights; American travel to island up 50 percent
12/16/15 Cuba Unplugged: An Island Still Stuck in Airplane Mode
Lara Naaman, Yahoo
12/15/15 How Cuba is, and isn’t, changing, one year after the thaw with the U.S.
Nick Miroff, The Washington Post
12/15/15 Current Record
12/14/15 Switzerland's MSC to become first major cruise line in Cuba
12/14/15 Obama wants to meet with dissidents in Cuba
Olivier Know, Yahoo
12/14/15 Cuba, creditors reach historic multi-billion debt deal
12/13/15 As U.S. and Cuba Dispute Compensation for Seized Property, Those Who Lost Look to Future
Taylor Wofford, Newsweek
12/11/15 Cuba, U.S. to Re-Establish Direct Mail Service
12/10/15 Moody’s raises credit outlook for Cuba as Venezuela influence wanes
Eduardo Thompson, Bloomberg
12/10/15 Family of late U.S. gangster wants compensation for Cuba hotel
AP, Sun Sentinel
12/9/15 US brings fugitive from Cuba after stolen boat journey
12/9/15 A Year in, Detente With US Reshapes Cuba's Psychic Landscape
12/9/15 Cuba Seeing More Tech Entrepreneurs
NBC News
12/9/15 Cuba, US begins talks on confiscated property, damages
12/8/15 Cuba Nears Deal With Paris Club on Debt Forgiveness
12/8/15 Tenn. council joins effort to end US-Cuba trade embargo
12/8/15 U.S., Cuba to negotiate billions in claims against each other
Daniel Trotta, Reuters
12/7/15 What's a President to Do? Option for Further Easing U.S. Sanctions against Cuba Files
Stephen Propst, Hogan Lovells
12/4/15 Joe Torre, Dave Winfield to lead goodwill tour of Cuba
12/1/15 Cuba Imposes Travel Permit for Doctors to Limit Brain Drain
12/1/15 U.S.-Cuba talks on migration at impasse
Mimi Whitefield, The Miami Herald
12/1/15 Visa protest sign of new boldness in Cuba