A comparative study of the political economy of the transition from
communism in East and Southeast Asian countries (China, North
Korea, Vietnam, Laos and Cambodia), addressing the key theoretical
questions generated from the debate between shock-therapists and
gradualists. While accurately defining the pre-reform model, this
book explores the causal variables that have contributed to reform
efforts within Asia, examining the significance of the sequencing
of political and economic transition and the interplay between
politics and the economy in determining variations in transition
outcomes. Comparing the 'real world' experiences of transition
nations in communist Asia with Eastern Europe, prominent questions
are brought to the fore; will market capitalism or market socialism
prevail after the grand failure of communism? This book makes an
important contribution to the political economy theory of
comparative communist and post-communist studies and provides
detailed analytical insights that will prove influential in future
theoretical work.
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