Comparing Socialist Approaches: Economics and Social Security in Cuba, China, and Vietnam

by Carmelo Mesa-Lago

Carmelo Mesa-Lago looks at the two main socialist models across these three countries 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,...

• Format: Hardcover
• Language: English
• ISBN: 0822948478
• ISBN13: 9780822948476
• Release Date: April 2025
• Publisher: University of Pittsburgh Press
• Length: 360 Pages