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Contesting CastroThe United States and the Triumph of the Cuban Revolution$
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Thomas G. Paterson

Print publication date: 1995

Print ISBN-13: 9780195101201

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780195101201.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 12 November 2019

Sugar, North Amencan Business, and Other Bittersweets

Sugar, North Amencan Business, and Other Bittersweets

Chapter:
(p.34) 3 Sugar, North Amencan Business, and Other Bittersweets
Source:
Contesting Castro
Author(s):

Thomas G. Paterson

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780195101201.003.0004

Castro and his movement hoped that they could incite a rebellion against the Batista government. They have calculated that Cubans appeared to be sick and tired of violence and corruption. However, Batista and U.S. investors thought that the strengths of the Cuban economy predisposed people to supporting the administration. The Cuban economy was in fact doing well especially when sugar prices rose in 1957. The predominant features of the Cuban economy were its reliance on U.S. trade and investment and dependency on sugar, as it was ranked as the world's largest producer of sugar. The U.S. took half of the sugar exports of Cuba. There was indeed an interlocking of the Cuban and U.S. economies. There was also during this time a growth of U.S. direct investments under the Batista regime. The Cubans, on the other hand, grumbled about the North American element felt in their economy.

Keywords:   Castro, Batista, sugar, Cuban economy

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