Comparative Economic and Social Evaluation of Two Economic Models
Carmelo Mesa-Lago
Gebundenes Buch

Comparative Economic and Social Evaluation of Two Economic Models

Cuba and China-Vietnam and their Impact on Social Protection

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In Comparing Socialist Approaches, Carmelo Mesa-Lago examines the two main socialist models across Cuba, China, and Vietnam to compare central planning and socialist markets. Under the Cuban central plan, large state enterprises have been unable to generate economic growth, even with mild structural market reforms and a small controlled private sector. In the Sino-Vietnamese model of a socialist marketplace, dynamic private enterprises of all sizes, together with large state enterprises, operate under a decentralized plan with state regulation and control. This has allowed for accelerated grow...