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Economic Transition in Vietnam: Trade and Aid in the Demise of a Centrally Planned Economy

Economic Transition in Vietnam: Trade and Aid in the Demise of a Centrally Planned Economy (Hardback)

£79.00
Currently unavailable. Foyles can order for despatch to customer when the publisher is re-supplied on 20/12/2000.
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Synopsis

This book provides an incredibly detailed and thorough account of how Vietnam's dependence on Soviet aid during the 1960s and 1970s sustained and yet ultimately undermined the centrally-planned economy. Foreign aid provided most of the resources which, in the context of an under-developed agrarian economy, permitted planned industrialisation. Yet, as in other socialist countries, chronic shortages emerged and, particularly when aid supplies were cut after 1975, encouraged individuals and enterprises to divert resources to local uses.



The authors show how development of non-plan trading relations was based on supplies of scarce, aid-subsidised goods which provided the means for local authorities, enterprises and individuals to convert their positions of political and social power into capital. They further highlight the ways in which new, market-oriented trade relations emerged in symbiosis with the planning system and continue to influence the economic structure and institutions today. Economic Transition in Vietnam outlines the many problems currently facing Vietnam, not least how new global forms of integration are affecting future development.

BusinessEconomicsEconomic historyBusinessEconomicsEconomic systems & structuresBusinessEconomicsMicroeconomicsDomestic trade Publisher: Edward Elgar Publishing Ltd Publication Date: 20/12/2000 ISBN-13: 9781840645774  Details: Type: Hardback Format: Books
Availability: Currently unavailable. Foyles can order for despatch to customer when the publisher is re-supplied on 20/12/2000.  

The late Melanie Beresford, formerly Macquarie University, Australia and Dang Phong, Institute of Economics, Vietnam

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