Cuba poses multiple threats to the security of the Caribbean region. U.S. economic policies toward Cuba have been severe since 1960. Nevertheless, Cuba poses much more of a threat to the region today than it did in 1960. This study examines two policies that might impose further costs on the Cuban economy: publicizing the precariousness of Cuba's debt position with Western creditors, and structuring the Caribbean Basin Initiative in a manner adverse to Cuban interests. While neither of these policies is likely to be decisive, one or both might act to constrain resources available for supporting Cuban militarism. Neither can be construed as a direct sanction against Cuba, so their political costs to the United States should be minor. Both policies, however, are devoid of great symbolic significance, which might make them either desirable or undesirable at various times.
Henry, Don, Kip T. Fisher, and Richard M. Rosenberg, An Analysis of Cuban Debt. Santa Monica, CA: RAND Corporation, 1984. https://www.rand.org/pubs/reports/R3120.html. Also available in print form.
Henry, Don, Kip T. Fisher, and Richard M. Rosenberg, An Analysis of Cuban Debt, Santa Monica, Calif.: RAND Corporation, R-3120-USDP, 1984. As of November 17, 2021: https://www.rand.org/pubs/reports/R3120.html