IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

The Feasibility of Cuban Market Economy: A Comparison with Vietnam

Listed author(s):
  • Yamaoka, Kanako
Registered author(s):

    In spite of the difficulties incurred by its people, Cuba has maintained a centrallyplanned economy with single party system. On the contrary, Vietnam hasintroduced a market economy under communist rule, and succeeded in generallyimproving living standards. The factors that contributed to the introduction ofVietnamese-style reforms are (1) severe economic crisis, (2) demonstration effectsfrom neighboring countries, (3) poor social policy, (4) initiatives by ex-conservativeleader/s, and (5) weak state capacity. The conditions to sustain high economicgrowth are (1) social sectors familiar with capitalist economics, (2) abundant laborforces with relatively low labor cost, and (3) investment by exiles. This paperanalyzes to what extent Cuba meets these conditions.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    File Function: First version, 2009
    Download Restriction: no

    Paper provided by Institute of Developing Economies, Japan External Trade Organization(JETRO) in its series IDE Discussion Papers with number 189.

    in new window

    Date of creation: 01 Jan 2009
    Publication status: Published in IDE Discussion Paper = IDE Discussion Paper, No. 189. 2009-01-01
    Handle: RePEc:jet:dpaper:dpaper189
    Contact details of provider: Postal:
    3-2-2 Wakaba, Mihama-ku, Chiba-shi, Chiba 261-8545

    Fax: +81-43-299-9726
    Web page:

    More information through EDIRC

    Order Information: Postal: Publication Office, IDE 3-2-2 Wakaba, Mihama-ku, Chiba-shi, Chiba 261-8545 JAPAN
    Web: Email:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:jet:dpaper:dpaper189. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Minami Tosa)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.