Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Comparing Socialist Approaches: Economics and Social Security in Cuba, China, and Vietnam

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

Mesa-Lago, Carmelo

Hardcover

Series: Pitt Latin American

Chinese HistoryGeneral World HistorySoutheast Asian History

ISBN10: 0822948478
ISBN13: 9780822948476
Publisher: University of Pittsburgh Press
Published: May 6 2025
Pages: 360
Weight: 1.50
Height: 1.40 Width: 5.90 Depth: 8.60
Language: English
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 growth and social improvement. The two models are contrasted across five major economic policies: ownership of the means of production, agrarian reform, industrialization processes, employment, and currency and exchange rate unification. Mesa-Lago argues that the socialist market model has a better performance than the central plan across economic and social indicators. He then recommends policies to improve social protection in the three countries.

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