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The Socialist Market Economy in Asia - Development in China, Vietnam and Laos (Hardcover, 1st ed. 2020)
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The Socialist Market Economy in Asia - Development in China, Vietnam and Laos (Hardcover, 1st ed. 2020)
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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.
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