Evaluation of Economic-Social Performance of Two Socialist Economic Models: Cuba (Central Plan) and China-Vietnam (Socialist Market)
This article compares and evaluates the performance of two main current socialist economic-social models. One is Cuba’s central plan, characterized by large state enterprises that are predominant over the market and private property, with mild market-oriented structural reforms that instead of generating sustainable socioeconomic development have led to two severe economic crises (the current one in 2029-2024), which have dramatically eroded the previous social achievements of the revolution.…
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