Myth and reality of "The socialist-oriented market economy in Vietnam"

  • Phí Mạnh Hồng
  • Trần Đình Thiên

Abstract

The market mechanism is a mechanism of economic reality, has been firmly established in the history of world economic development. So far, though not a perfect mechanism, but it has proven that it is a resource allocation mechanism, a mechanism developed best. A country-based platform for developing the market economy can not be sure success, but a country that is not based on the market certainly will fail in the long term. A thorough, for the development of a modern, developed synonymous with the construction, development, improvement market economy modernization. The outcome of the choice between the market economy or non-market economy practically clear, with a clear advantage, no need to debate the model of a market economy. The different model of development, the success or failure of different, associated with proper handling, performance, consistent with the conditions and circumstances of each country in each specific phase of the lip between market and state as two methods different allocation of resources, can complement each other, but also could eliminate the effectiveness of the other. Practices before and after renovation in Vietnam demonstrated that economic development and integration market internationally (an attribute arising from the process of globalization of the economy, modern market) is opt dodge Vietnam.
điểm /   đánh giá
Published
2015-11-13
Section
Political Economy