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Economic Transition in Vietnam

Economic Transition in Vietnam PDF Author: Melanie Beresford
Publisher: Edward Elgar Publishing
ISBN: 9781782541516
Category : Business & Economics
Languages : en
Pages : 184

Book Description
"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."--BOOK JACKET.

Economic Transition in Vietnam

Economic Transition in Vietnam PDF Author: Melanie Beresford
Publisher: Edward Elgar Publishing
ISBN: 9781782541516
Category : Business & Economics
Languages : en
Pages : 184

Book Description
"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."--BOOK JACKET.

The Institutions of Transition from Central Planning

The Institutions of Transition from Central Planning PDF Author: Adam Fforde
Publisher:
ISBN:
Category : Agriculture and state
Languages : en
Pages : 28

Book Description
Paper which discusses the Vietnamese economy. Considers the rural economy of the collectivised areas in the 1970s and the 'transitional model' 1979-89. Includes a bibliography. The author is a visiting fellow in the department of economics, Research School of Pacific and Asian Studies, Australian National University.

Handbook of the Economics and Political Economy of Transition

Handbook of the Economics and Political Economy of Transition PDF Author: Paul Hare
Publisher: Routledge
ISBN: 1135080860
Category : Business & Economics
Languages : en
Pages : 683

Book Description
Transition from central planning to a market economy, involving large-scale institutional change and reforms at all levels, is often described as the greatest social science experiment in modern times. As more than two decades have passed since the fall of the Berlin Wall and the collapse of the Soviet Union, it is now an excellent time to take stock of how the transition process has turned out for the economies that have moved on from socialism and the command economy. This new handbook assembles a team of leading experts, many of whom were closely involved in the transition process as policymakers and policy advisors, to explore the major themes that have characterized the transition process. After identifying the nature of initial conditions and the strengths and weaknesses of institutions, the varying paths and reforms countries have taken are fully analyzed – from the shock therapy, privatization or gradualism of the early years to the burning issues of the present including global integration and sustainable growth. Topics covered include the socialist system pre-transition, economic reforms, institutions, the political economy of transition, performance and growth, enterprise restructuring, and people and transition. The country coverage is also extensive, from the former socialist countries of the USSR and the satellite states of Central and Eastern Europe to the Asian countries of China, Vietnam and others. The rise of China as a key actor in the drama is chronicled, along with the emergence of a new, more confident, oil-rich Russia. The comparative prosperity of the Central European countries such as Poland and the Czech Republic is contrasted with the mixed fortunes of the former USSR, where some countries are stagnating while others boom. This Handbook of the Economics and Political Economy of Transition is the definitive guide to this new order of things in the former Communist world.

Transition and Institutions

Transition and Institutions PDF Author: Giovanni Andrea Cornia
Publisher:
ISBN: 9780199242184
Category : Business & Economics
Languages : en
Pages : 296

Book Description
This book is the first comprehensive assessment of the mortality crisis which has affected most economies in transition but which has remained so far largely unexplained. It reconciles long-term and short-term explanations of the crisis and makes use of special micro data-sets never used before. By providing a rigorous multidisciplinary analysis of this upsurge in mortality rates, the book hopes to contribute to the launch of vigorous policies to tackle this societal problem.

Transition Economy

Transition Economy PDF Author: Fouad Sabry
Publisher: One Billion Knowledgeable
ISBN:
Category : Business & Economics
Languages : en
Pages : 315

Book Description
What is Transition Economy A transition economy or transitional economy is an economy which is changing from a centrally planned economy to a market economy. Transition economies undergo a set of structural transformations intended to develop market-based institutions. These include economic liberalization, where prices are set by market forces rather than by a central planning organization. In addition to this trade barriers are removed, there is a push to privatize state-owned enterprises and resources, state and collectively run enterprises are restructured as businesses, and a financial sector is created to facilitate macroeconomic stabilization and the movement of private capital. The process has been applied in China, the former Soviet Union and Eastern bloc countries of Europe and some Third world countries, and detailed work has been undertaken on its economic and social effects. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Transition economy Chapter 2: Economy of Moldova Chapter 3: Economy of Togo Chapter 4: Economy of Ukraine Chapter 5: Economy of Uzbekistan Chapter 6: European Bank for Reconstruction and Development Chapter 7: Economy of Tunisia Chapter 8: Shock therapy (economics) Chapter 9: Economy of Canada Chapter 10: Economy of Europe Chapter 11: Economy of the Socialist Federal Republic of Yugoslavia Chapter 12: Balcerowicz Plan Chapter 13: World economy Chapter 14: Economic history of Turkey Chapter 15: Economic history of China (1949-present) Chapter 16: Central Bank of Uzbekistan Chapter 17: Economic history of the Russian Federation Chapter 18: Chinese economic reform Chapter 19: Erik Berglöf Chapter 20: Dollarization of Cuba Chapter 21: World Bank and Poland (II) Answering the public top questions about transition economy. (III) Real world examples for the usage of transition economy in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of transition economy.

Constructing a Market Economy

Constructing a Market Economy PDF Author: Richard W. T. Pomfret
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 174

Book Description
Offering a cross-comparative study of the transition regimes of the countries formerly characterized by Soviet central planning, Pomfret (economics, U. of Adelaide) argues that the imposition of the Washington consensus has been a qualified success across the board. A major theme of the work is whether economists were able to accurately predict the economic behavior and results of the transition economies and whether they were able to learn from discrepancies. His analysis of this is surprisingly positive, although the arguments for the immediate benefits of mass privatization are noted to be deficient (in hindsight for Pomfret). Annotation copyrighted by Book News, Inc., Portland, OR

How Reform Worked in China

How Reform Worked in China PDF Author: Yingyi Qian
Publisher: MIT Press
ISBN: 026253424X
Category : Business & Economics
Languages : en
Pages : 414

Book Description
A noted Chinese economist examines the mechanisms behind China's economic reforms, arguing that universal principles and specific implementations are equally important. As China has transformed itself from a centrally planned economy to a market economy, economists have tried to understand and interpret the success of Chinese reform. As the Chinese economist Yingyi Qian explains, there are two schools of thought on Chinese reform: the “School of Universal Principles,” which ascribes China's successful reform to the workings of the free market, and the “School of Chinese Characteristics,” which holds that China's reform is successful precisely because it did not follow the economics of the market but instead relied on the government. In this book, Qian offers a third perspective, taking certain elements from each school of thought but emphasizing not why reform worked but how it did. Economics is a science, but economic reform is applied science and engineering. To a practitioner, it is more useful to find a feasible reform path than the theoretically best way. The key to understanding how reform has worked in China, Qian argues, is to consider the way reform designs respond to initial historical conditions and contemporary constraints. Qian examines the role of “transitional institutions”—not “best practice institutions” but “incentive-compatible institutions”—in Chinese reform; the dual-track approach to market liberalization; the ownership of firms, viewed both theoretically and empirically; government decentralization, offering and testing hypotheses about its link to local economic development; and the specific historical conditions of China's regional-based central planning.

The Central Asian Economies in the Twenty-First Century

The Central Asian Economies in the Twenty-First Century PDF Author: Richard Pomfret
Publisher: Princeton University Press
ISBN: 0691185409
Category : Business & Economics
Languages : en
Pages : 329

Book Description
This book analyzes the Central Asian economies of Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan, from their buffeting by the commodity boom of the early 2000s to its collapse in 2014. Richard Pomfret examines the countries’ relations with external powers and the possibilities for development offered by infrastructure projects as well as rail links between China and Europe. The transition of these nations from centrally planned to market-based economic systems was essentially complete by the early 2000s, when the region experienced a massive increase in world prices for energy and mineral exports. This raised incomes in the main oil and gas exporters, Kazakhstan and Turkmenistan; brought more benefits to the most populous country, Uzbekistan; and left the poorest countries, the Kyrgyz Republic and Tajikistan, dependent on remittances from migrant workers in oil-rich Russia and Kazakhstan. Pomfret considers the enhanced role of the Central Asian nations in the global economy and their varied ties to China, the European Union, Russia, and the United States. With improved infrastructure and connectivity between China and Europe (reflected in regular rail freight services since 2011 and China’s announcement of its Belt and Road Initiative in 2013), relaxation of United Nations sanctions against Iran in 2016, and the change in Uzbekistan’s presidency in late 2016, a window of opportunity appears to have opened for Central Asian countries to achieve more sustainable economic futures.

Fiscal Policies in Economies in Transition

Fiscal Policies in Economies in Transition PDF Author: Mr.Vito Tanzi
Publisher: International Monetary Fund
ISBN: 9781557751911
Category : Business & Economics
Languages : en
Pages : 376

Book Description
The collapse of central economic planning in many countries and the breakup of the Soviet Union have put into disarray systems of government revenues and expenditures in those countries. This collection of 16 papers, edited by Vito Tanzi, analyzes the strengths and weaknesses of fiscal policies under the old system of central planning and suggests ways to revitalize those policies in the newly emerging market economies.

How China Escaped Shock Therapy

How China Escaped Shock Therapy PDF Author: Isabella M. Weber
Publisher: Routledge
ISBN: 042995395X
Category : Business & Economics
Languages : en
Pages : 256

Book Description
China has become deeply integrated into the world economy. Yet, gradual marketization has facilitated the country’s rise without leading to its wholesale assimilation to global neoliberalism. This book uncovers the fierce contest about economic reforms that shaped China’s path. In the first post-Mao decade, China’s reformers were sharply divided. They agreed that China had to reform its economic system and move toward more marketization—but struggled over how to go about it. Should China destroy the core of the socialist system through shock therapy, or should it use the institutions of the planned economy as market creators? With hindsight, the historical record proves the high stakes behind the question: China embarked on an economic expansion commonly described as unprecedented in scope and pace, whereas Russia’s economy collapsed under shock therapy. Based on extensive research, including interviews with key Chinese and international participants and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization. Beyond shedding light on the crossroads of the 1980s, it reveals the intellectual foundations of state-market relations in reform-era China through a longue durée lens. Overall, the book delivers an original perspective on China’s economic model and its continuing contestations from within and from without.