Energy economy in Cuba and future challenges

Abstract

<p>This article looks at the development of Cuba from economic and global perspectives. These two<br>perspectives are directly in relation to one another. We discuss first the historical development,<br>Cuban Revolution, cooperation with the Soviet Union and the aspects of bilateral trade. In this context,<br>we also discuss the economic cooperation with Venezuela and the impacts of the US blockade.<br>We base our analysis partly on the theoretical perspective of the island economy and dependency<br>theory. We also carry out a decomposition analysis of the Cuban energy economy to illustrate the<br>drivers of energy use and the CO2 emissions in the country. Next, we will look at the aspects of<br>regional development in Cuba and the rural/urban changes. Also, the changes in population structure<br>will be discussed because it has an impact on future economic development.<br></p>