After the collapse of the Soviet Union, it appeared that development would be defined by the neo-liberal strategy of integration into the world market. This book investigates alternative strategies for developing countries through case studies of Cuba and Vietnam, and with reference to the experience of China. The essays assess the transitions of the two countries to world market integration, with emphasis on the role of state enterprises, structural transformation, and provision of social welfare.

After the collapse of the Soviet Union, it appeared that the only option for developing countries was integration into the world economy. Written by a group of international experts, this book investigates the strategies deployed by Cuba and Vietnam to consider whether 'socialism', in some form, offers a viable development alternative.