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Economy & Business - October-November 2012 (ISSN 1741-7430)
SPECIAL FOCUS CUBA: Hurricane Sandy - the economic impact
Hurricane Sandy, which struck the south-eastern end of Cuba with extensive flooding and winds of up to 180 km/h on 25 October, caused extensive damage and severe difficulties for communities in its path. However, it is more likely to add to Cuban economic growth than damage it. After the initial cost of providing emergency food and making essential repairs, it will bring in its wake a higher level of economic activity for a period of several years, especially in Cuba’s eastern region, which has long lagged behind the rest of the country.
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