Posts tagged Development
The Vietnam Model: North Korea’s Next Step?

However, a saving grace that might come out of the talk is a suggestion from the US to follow a Vietnam’s path: the idea that a communist regime can pursue market-oriented policies without sacrificing the legitimacy of the government. In truth, this model of economic development is far and few in today’s world; other than China, the remaining Communist states, Vietnam, Laos, and Cuba, show nowhere near the same economic prowess.

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