A Case Study: Economic Effects of COVID-19 Pandemic in Cuba

This research project investigates the economic effects of the COVID-19 pandemic on Cuba, a Caribbean country. It identifies key issues such as loss of individual income, high unemployment rates, and decreased product and service prices. The study also examines the impact of national lockdowns, which led to factory closures and further economic decline. Disruption of recreational activities due to low wages is highlighted as another significant factor contributing to unemployment. The essay references sources that model COVID-19's impact in the Caribbean and discuss planning for cruising infrastructure in Cuba, providing a comprehensive overview of the pandemic's economic consequences.