In spite of the difficulties incurred by its people, Cuba has maintained a centrally
planned economy with single party system. On the contrary, Vietnam has
introduced a market economy under communist rule, and succeeded in generally
improving living standards. The factors that contributed to the introduction of
Vietnamese-style reforms are (1) severe economic crisis, (2) demonstration effects
from neighboring countries, (3) poor social policy, (4) initiatives by ex-conservative
leader/s, and (5) weak state capacity. The conditions to sustain high economic
growth are (1) social sectors familiar with capitalist economics, (2) abundant labor
forces with relatively low labor cost, and (3) investment by exiles. This paper
analyzes to what extent Cuba meets these conditions.
権利
Copyrights 日本貿易振興機構（ジェトロ）アジア経済研究所 / Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO) http://www.ide.go.jp
雑誌名
IDE Discussion Paper
雑誌名(英)
IDE Discussion Paper
巻
189
発行年
2009-01-01
出版者
Institute of Developing Economies (IDE-JETRO)
著者版フラグ
publisher
日本十進分類法
332.07
JEL分類
JEL:P21 - Planning, Coordination, and Reform
JEL:P30 - General
地域/国名
ベトナム
キューバ
キーワード(LSH)
Cuba
Vietnam
Transition to market economy
Economic policy
Socialism
Economic crisis
Social policy
Economic reform
State capacity
governance
development strategy
The Feasibility of Cuban Market Economy: A Comparison with Vietnam
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