Abstract


 Cuba has been affected by the COVID-19 global pandemic as has most countries. The pandemic has all but shut down the tourism industry, with global flights being cancelled and governments taking drastic actions to stop the spread of the virus. The impact will especially hurt developing countries without strong economies and those heavily reliant on the tourism industry, such as Cuba. Government initiatives have included stay at home orders and temporarily closing businesses, restaurants, sports, and music venues as well as manufacturing facilities. With these shutdowns, there exists the probabilities that many businesses will not survive, but for those with sufficient cashflow, this presents opportunities for organizations and governments to re-tool, re-balance and alter their methods of operations. Cuba is different, in that they have a centralized planned economy and do have an opportunity to make significant changes to their industries which can improve the future of Cuba. The present paper looks to evaluate the impact of this on the country and the tourism industry and make economic recommendations in order for the Cuban government to move forward.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.