"THE VIEWS OF SOME ECONOMIC THEORIES ON THE ECONOMIC CRISIS OF CAPITALISM AND SOME LESSONS FOR VIETNAM"

Van Duc Pham, Tran Tuan Phong

Research output: Contribution to journalArticle

Abstract

"After a brief analysis of the views presented in the economic theories of neo-liberalism,
Keynes and Marx on the economic crisis of capitalism the authors of this article point out some
methodological recommendations for the development of socialistic-oriented market economy
in Vietnam. The experience of dealing with the crisis shows the importance of upholding the
advantages of socialist regime: the leadership of the Communist Party in appropriate policyguidelines,
the role of the Government in its consistent implementation of its policies, the
role of the state’s economic sector in sustaining the stability of the whole economy as well as
in economic recovery, the contribution and support by the people for the common cause of
development of Vietnam."
Original languageEnglish
Pages (from-to)724-728
Number of pages5
JournalWorld Review of Political Economy
Volume1
Issue number4
Publication statusPublished - 2010

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Keywords

  • neo-liberalism
  • Keynes
  • Marx
  • economic theory
  • economic crisis

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