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Economic Transition in Vietnam

Melanie Beresford and Dang Phong

in Books from Edward Elgar Publishing

Abstract: 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.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2000
ISBN: 9781840645774
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Citations: View citations in EconPapers (15)

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