Overview
Is intended for policy-makers, academics, and students of development studies, area studies, political economy, geography, and political science
Presents the first comparative study of development in China, Vietnam, and Laos
Argues that the ‘socialist market economy’ model employed in China, Vietnam, and Laos performs better than the economic systems of countries at a similar level of income per capita on a wide range of development indicators
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Table of contents (13 chapters)
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The Socialist Market Economy: Ideology and Development
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State, Market and the Environment
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State and Society: Inequality, Class and Conflict
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Concluding Observations
Keywords
About this book
This book is intended for policy-makers, academics and students of development studies, area studies, political economy, geography and political science. Three of the best global performers in terms of economic growth are authoritarian states led by communist parties. The ‘socialist market economy’ model employed in China, Vietnam and Laos performs better than the economic systems in countries at a similar level of income per capita on a wide range of development indicators, yet market reforms and governance failures have led to highly unequal societies and significant environmental problems. This book presents the first comparative study of development in these three countries. Written by country experts and scholars of development studies, it explores the ongoing quest for market versus state within their model, and the coherence of their development.
Chapter 5 is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.
Editors and Affiliations
About the editors
Arve Hansen is a Postdoctoral Fellow at the Centre for Development and the Environment at the University of Oslo. He has a decade of experience working on development in Vietnam.
Jo Inge Bekkevold is a Senior Adviser at the Norwegian Institute for Defence Studies. He was previously a career diplomat, with postings to China and Vietnam.
Kristen Nordhaug is a Professor of Development Studies at Oslo Metropolitan University. His work focuses on political and economic development in East and Southeast Asia.
Bibliographic Information
Book Title: The Socialist Market Economy in Asia
Book Subtitle: Development in China, Vietnam and Laos
Editors: Arve Hansen, Jo Inge Bekkevold, Kristen Nordhaug
DOI: https://doi.org/10.1007/978-981-15-6248-8
Publisher: Palgrave Macmillan Singapore
eBook Packages: History, History (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2020
Hardcover ISBN: 978-981-15-6247-1Published: 27 October 2020
Softcover ISBN: 978-981-15-6250-1Published: 27 October 2021
eBook ISBN: 978-981-15-6248-8Published: 26 October 2020
Edition Number: 1
Number of Pages: XIII, 353
Number of Illustrations: 2 b/w illustrations, 3 illustrations in colour
Topics: Asian History, Economic History, Development Theory