Green Energy in the Caribbean: Influence on Toursim and Economic Development
Tatiana Tazikhina
Financial University under the Government of Russian Federation, Department of Corporate Finance and Corporate Governance, 49, Leningradsky Prospekt, Moscow, 125993, Russian Federation (Russian Federation)
https://orcid.org/0000-0002-3763-4213
Vladimir Kvasha
Financial University under the Government of the Russian Federation, Yaroslavl branch, Kooperativnaya st., 12A, Yaroslavl, Yaroslavl region, 150003, Russian Federation (Russian Federation)
https://orcid.org/0000-0003-2929-9010
Yulia Solovova
MGIMO University, International Institute of Energy Policy and Diplomacy 76, Prospect Vernadskogo Moscow, 119454, Russian Federation (Russian Federation)
https://orcid.org/0000-0002-4555-0618
Igbal Guliev
guliyevia@bk.ruMGIMO University, International Institute of Energy Policy and Diplomacy, Address: 76, Prospect Vernadskogo Moscow, 119454, Russian Federation (Russian Federation)
https://orcid.org/0000-0002-8667-8132
Abstract
The green energy agenda has become one of the most important issues in international relations. Many island states of the Oceania have taken the course of green economy construction. The Caribbean states are in some way similar to the Oceania ones and have also made several steps towards greener future. Some of these states are tightly connected with international tourism, leading to the high dependence of their economies from touristic revenues. The article examines this interconnection, including economic component in the analysis. The major question of the article is how does (or doesn’t) tourism influence the development of green energy in the Caribbean states. The two major economies examined in the region are Cuba and Dominican Republic as the two examples of the totally different economic systems and approaches to the development of the green energy. The key findings of the article include such conclusions as the possibility of synergetic interdependence between tourism, economy and green energy and the positive effects this interdependence has. The other finding is that the Cuban method of introducing green energy is less effective than the Dominican one. The novelty of the article includes the comparison of the two economic models in the Caribbean and the development of strategies for the green energy proliferation in the countries.
Keywords:
Caribbean, Cuba, Dominican Republic, green energy, strategy, barriers, driversReferences
AHMED, M.M., SHIMADA, K., 2019, The effect of renewable energy consumption on sustainable economic development: Evidence from emerging and developing economies, Energies, 12(15): 2954.
DOI: https://doi.org/10.3390/en12152954
Google Scholar
ARRASTÍA-AVILA A., GLIDDEN M., LISA M., 2017, Cuba's Energy Revolution and 2030 Policy Goals: More Penetration of Renewable Energy in Electricity Generation, International Journal of Cuban Studies, 9(1): 73-90.
DOI: https://doi.org/10.13169/intejcubastud.9.1.0073
Google Scholar
FEROZAN A., 2013, The Impact of the American Influence on the Economic and Political Development of the Caribbean: Case Study of Puerto Rico and Cuba, https://core.ac.uk/download/pdf/235683277.pdf (5.04.2021).
DOI: https://doi.org/10.25071/2291-3637.37177
Google Scholar
CEDERLÖF G, KINGSBURY D.V., 2019, On PetroCaribe: Petropolitics, energopower, and post-neoliberal development in the Caribbean energy region, Political Geography, 72: 124-133.
DOI: https://doi.org/10.1016/j.polgeo.2019.04.006
Google Scholar
COLE S., 2021, Innovation, Competitiveness, and Sustainability in Tourism Clusters: An Empirical Model of Caribbean Destinations, Regional Science Perspectives on Tourism and Hospitality. Advances in Spatial Science (The Regional Science Series, eds. Ferrante M., Fritz O., Öner Ö., Springer, Cham, https://doi.org/10.1007/978-3-030-61274-0_19.
DOI: https://doi.org/10.1007/978-3-030-61274-0_19
Google Scholar
DONASTORG A., RENUKAPPA S., SURESH S., 2020, Evaluating critical success factors for implementing renewable energy strategies in the Dominican Republic, Renewable Energy, 149: 329-335.
DOI: https://doi.org/10.1016/j.renene.2019.12.053
Google Scholar
FERNANDES, M.P., WEGNER, R., MARTINS, P., 2018, Aspects to understand the peculiar Cuban monetary system, Estudos Internacionais, 6(3): 118-133.
DOI: https://doi.org/10.5752/P.2317-773X.2018v6n3p118
Google Scholar
FULTON M., EIS J., LING E., CRONIN D., 2020, The Inevitable Policy Response Under Biden’s Climate Plan The Stage Is Set, https://www.unpri.org/download?ac=12103 (5.04.2021).
Google Scholar
GOFFI G., CLADERA M., OSTI L., 2020, Sun, sand, and... sustainability in developing countries from a tourists' perspective. the case of Punta Cana, Sustainability (Switzerland), 12(11): 4743.
DOI: https://doi.org/10.3390/su12114743
Google Scholar
HANLEY S., 2017, China Invests In Renewable Energy In Cuba, https://cleantechnica.com/2019/05/19/china-invests-in-renewable-energy-in-cuba (5.04.2021).
Google Scholar
IRENA, 2016, Renewable Energy Prospects: Dominican Republic, https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2016/IRENA_Remap_Dominican_Republic_report_2016.pdf (5.04.2021).
Google Scholar
IRENA, 2018, Trends in Renewable Energy, https://public.tableau.com/views/IRENARETimeSeries/Charts?%3Aembed=y&%3AshowVizHome=no&publish=yes&%3Atoolbar=no&%3Amobile=true (5.04.2021).
Google Scholar
JACOBS D., MARZOLF N., PAREDES J.R., RICKERSON W., FLYNN H., BECKER-BIRCK C., SOLANO-PERALTA M., 2013, Analysis of renewable energy incentives in the Latin America and Caribbean region: The feed-in tariff case, Energy Policy, 60: 601-610.
DOI: https://doi.org/10.1016/j.enpol.2012.09.024
Google Scholar
KALÁSHNIKOV N.V, KODZÓEV M.A.-M., 2018, From Obama to Trump: Transformation of the CubaUSA relations at the current stage. Iberoamerica (Russian Federation), 1: 24-49.
Google Scholar
LORENTE A.G, LÓPEZ M.H., ÁLVAREZ F.J.M., JIMÉNEZ J.M., 2020, Differences in electricity generation from renewable sources from similar environmental conditions: The cases of Spain and Cuba, Sustainability (Switzerland), 12(12): 5190.
DOI: https://doi.org/10.3390/su12125190
Google Scholar
LÓPEZ Q.M., 2011, Education in Cuba: Foundations and challenges, Estudos avançados, 25(72): 55-71.
DOI: https://doi.org/10.1590/S0103-40142011000200006
Google Scholar
MARTÍNEZ J.L., 2020, The economic reform in cuba after the approval of the new constitution in 2019, Revista de Ciencia Politica, 40(2) 287-313.
Google Scholar
MUNDACA L., MARKANDYA A., 2016, Assessing regional progress towards a Green Energy Economy, Applied Energy, 179: 1372-1394.
DOI: https://doi.org/10.1016/j.apenergy.2015.10.098
Google Scholar
OCHS A., FU-BERTAUX X., KONOLD M., MAKHIJANI S., SHRANK S., ADKINS C., 2015, Roadmap to a Sustainable Energy System: Harnessing the Dominican Republic’s Sustainable Energy Resources, Worldwatch Institute, https://www.sica.int/busqueda/busqueda_archivo.aspx?Archivo=dpro_71038_1_23072012.pdf (5.04.2021).
Google Scholar
REYES G.E., USECHE A.J., 2019, Competitiveness, economic growth and human development in Latin American and Caribbean countries 2006-2015: A performance and correlation analysis, Competitiveness Review, 29(2): 139-159.
DOI: https://doi.org/10.1108/CR-11-2017-0085
Google Scholar
SHAH K.U., NILES K., 2016, Energy policy in the Caribbean green economy context and the Institutional Analysis and Design (IAD) framework as a proposed tool for its development, Energy Policy, 98:768-777.
DOI: https://doi.org/10.1016/j.enpol.2016.07.045
Google Scholar
SINGH A., EPHRAIM J., 2016, Ocean energy: The new energy frontier for the Eastern Caribbean Small Island Developing States, Energy Policy, 99: 1-3.
DOI: https://doi.org/10.1016/j.enpol.2016.09.024
Google Scholar
THE ECONOMIST, 2015, The future of the electricity sector in the Dominican Republic, https://www.ces.org.do/images/2015/FunglodeElectricitySectorReportEnglishFINAL.pdf (5.04.2021).
Google Scholar
THE WORLD BANK, 2019, GDP (current US$), https://data.worldbank.org/indicator/NY.GDP.MKTP.CD (5.04.2021)
Google Scholar
THE WORLD BANK, 2019, International tourism, number of arrivals – Cuba, https://data.worldbank.org/indicator/ST.INT.ARVL?locations=CU (5.04.2021)
Google Scholar
WIKLE T. 2015, Tobacco Farming, Cigar Production and Cuba's Viñales Valley, Focus on Geography, 58(4): 153-162.
DOI: https://doi.org/10.1111/foge.12058
Google Scholar
YAO Z., 2017, Power Shift in Cuba: Seven Reasons to Watch the Renewable Energy Sector in the PostFidel and Trump Era, Renewable Energy World, https://www.renewableenergyworld.com/baseload/power-shift-in-cuba-seven-reasons-to-watch-the-renewable-energy-sector-in-the-post-fidel-and-trumpera (5.04.2021).
Google Scholar
Authors
Tatiana TazikhinaFinancial University under the Government of Russian Federation, Department of Corporate Finance and Corporate Governance, 49, Leningradsky Prospekt, Moscow, 125993, Russian Federation Russian Federation
https://orcid.org/0000-0002-3763-4213
Authors
Vladimir KvashaFinancial University under the Government of the Russian Federation, Yaroslavl branch, Kooperativnaya st., 12A, Yaroslavl, Yaroslavl region, 150003, Russian Federation Russian Federation
https://orcid.org/0000-0003-2929-9010
Authors
Yulia SolovovaMGIMO University, International Institute of Energy Policy and Diplomacy 76, Prospect Vernadskogo Moscow, 119454, Russian Federation Russian Federation
https://orcid.org/0000-0002-4555-0618
Authors
Igbal Gulievguliyevia@bk.ru
MGIMO University, International Institute of Energy Policy and Diplomacy, Address: 76, Prospect Vernadskogo Moscow, 119454, Russian Federation Russian Federation
https://orcid.org/0000-0002-8667-8132
Statistics
Abstract views: 82PDF downloads: 30
License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.