From Plan to Market: The Economic Transition in Vietnam

Overview

This clear and accessible text explores Vietnam’s successful transition from neo-Stalinist central planning to a market economy—“Vietnamese style.” After describing the north Vietnamese system prior to 1975 and its colonial and pre-colonial antecedents, the authors uncover the mechanisms of that changeover. They contend that the Vietnamese transition was largely bottom-up in character and that it evolved over a long enough period for the country’s political economy to adjust. This explains in part the rapid shift...

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Former Library book. Shows some signs of wear, and may have some markings on the inside. 100% Money Back Guarantee. Shipped to over one million happy customers. Your purchase ... benefits world literacy! Read more Show Less

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Boulder 1996 the economic transition in Vietnam. Xv, 358p., a fine clothbound copy in dj, jacket just slightly edgeworn with a small sticker.

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Overview

This clear and accessible text explores Vietnam’s successful transition from neo-Stalinist central planning to a market economy—“Vietnamese style.” After describing the north Vietnamese system prior to 1975 and its colonial and pre-colonial antecedents, the authors uncover the mechanisms of that changeover. They contend that the Vietnamese transition was largely bottom-up in character and that it evolved over a long enough period for the country’s political economy to adjust. This explains in part the rapid shift to a high-growth, externally oriented development path in the early 1990s, despite the loss of Soviet aid and the lack of significant Western substitutes until 1992–1993. Based upon extensive in-country experience, a wealth of primary materials, and wide comparative knowledge of development issues, the book challenges many preconceived notions, both about Vietnam and about the general nature of transition processes.

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Editorial Reviews

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Brings together two dominant perspectives on social rules, looking at views philosophers and sociologists share that invite formalization by a logic of rules, and economic approaches emphasizing cost considerations and inviting mathematical treatment and game- theoretical models. Topics include hyperdeontic logic; the nature of customary law in medieval England; the origin of rules of uncertainty; and the logic of legal change. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

Table of Contents

Preface
Acknowledgments
Introduction 1
Theoretical Preliminaries 2
Reform as Process, or as Government Program? 3
"Reform as Process": Implications for the 1979-89 Transition 6
The Givens 10
The Transition: An Overview 13
The Vietnamese Transition in a Third World Perspective 16
Structure of the Book 21
Notes: Some Definitions Restated 22
1 The Nature of Economic Transition 29
The Nature of the Transition: Process or Revolution? 29
Stages in Vietnam 40
Note: The Economic Analysis of Transitional Economies 40
2 Historical Context 47
Traditional Vietnam: The Family and Its Environment 48
Foreign Models 53
Neo-Stalinism Applied, 1957-75 56
3 Basic Constraints: Natural, Human, and Organizational 75
Natural Resources 76
Human Resources 79
Political System 81
Economic Structure: The Impact of Transition 86
4 Development Strategy 125
Reform's Fluctuating Meaning 125
The Second and Third Five-Year Plans (1976-85) 128
Institutional Foundations of the Transitional Model 137
The Sixth Party Congress: Toward a Market Economy 143
On the Brink: Development Strategy on the Eve of the Market Economy 149
5 Markets and Sectors 175
Trade and Transactions: The Emergence of Markets 175
Agriculture 179
Industry 191
The Nonagricultural Economy and Wider Development Issues 198
6 Social Aspects, Equity, and the New Development Model 227
Equity and Differentiation: The Vietnamese Population Under and After Transition 227
Education: The Overall Picture 230
Health 233
Implications for the 1990s 238
7 Accumulation, Savings, and Market Development: Processes of Change Reconsidered 243
Events and Issues in 1989-94 243
Foreign Comments on the Vietnamese Transition to a Market Economy: An Overview 246
The Meaning of "Commercialization": The Role of the State 253
Limits Imposed by the Nature of the Post-1989 Vietnamese Market Economy 254
The Role of the State in Support of Market Development 267
8 Macroeconomic Stability: The Role of the State 281
Macroeconomic Performance 1989-93 282
Resource Gaps and a Path to Rapid Growth? 283
Prices, Inflation, and Markets 293
Vietnam 1994-95: From Systemic Change to Accelerated Development? 298
9 Conclusions: Tiger on a Bicycle? 303
Systemic Reform: What Has Been Accomplished? 304
Reasons for Success 307
Concluding Concerns 316
References 319
About the Book and Authors 341
Index 343
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