This volume explores what happened in the Asian transition
economies of China, Vietnam and Myanmar from both macro and micro
perspectives. These economies opted for the gradual transition
approach rather than the big bang approach that Russia and some CIS
economies took. This ensured that institutional change was
possible, unlike with the big bang approach. However the processes
organized are done so by the governments, the same entities
responsible for the planning during the planned economic eras, and
whose incentive to reform may be debatable. This book questions
whether these governments are capable of implementing effective
reform and transformation.
General
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