China and Vietnam in Transition: A Comparative Analysis of Economic Reforms and their Outcomes

Charles Harvie and Van Tran
Additional contact information
Charles Harvie: University of Wollongong

Chapter 8 in Vietnam’s Reforms and Economic Growth, 1997, pp 164-196 from Palgrave Macmillan

Abstract: Abstract The economies of China and Vietnam have undergone major economic reforms and developments during the period of the 1980s to the present as each strives towards the attainment of a market economy, while maintaining the ‘Socialist’ character of their respective economies. Unlike developments in Europe where a number of formerly centrally planned countries adopted a ‘big bang’ transition approach to a market economy, in China and, at least initially, Vietnam the transition process has been a much more gradual one with over-riding political power still residing with their respective Communist Parties. However both countries have experienced considerable decentralisation of economic power, which has resulted in substantial difficulties for the centre in regard to macroeconomic management.

Keywords: Foreign Direct Investment; Foreign Trade; Economic Reform; Reform Process; Domestic Investment (search for similar items in EconPapers)
Date: 1997
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:978-0-230-38947-2_8

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230389472

DOI: 10.1057/9780230389472_8

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 ().