Vietnamese Gradualism in the Reform of State-Owned Enterprises: The First Phase of Doi Moi

Tran Tho

Chapter 5 in Transition from Socialist to Market Economies, 2009, pp 101-122 from Palgrave Macmillan

Abstract: Abstract In any planned economy the state owned enterprises (SOEs) are a major factor in stagnant growth and macroeconomic instability.1 Reforming them is extremely difficult because of the social burdens normally imposed upon them. They provide the employees with social welfare for expensive items like medical care, pension benefits, etc. and guarantee employment. The SOE workers regard themselves under a kind of lifetime employment system. Since social safety nets, social welfare, and employment opportunities elsewhere are lacking, they resist very strongly reform programs that may lay them off.

Keywords: Private Firm; Foreign Capital; Former Soviet Union; Reform Process; Official Development Assistance (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-24498-6_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230244986

DOI: 10.1057/9780230244986_6

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().