This book provides an incredibly detailed and thorough account of how Vietnam's dependence on Soviet aid during the 1960s and 1970s sustained and yet ultimately undermined the centrally-planned economy. Foreign aid provided most of the resources which, in the context of an under-developed agrarian economy, permitted planned industrialisation. Yet, as in other socialist countries, chronic shortages emerged and, particularly when aid supplies were cut after 1975, encouraged individuals and enterprises to divert resources to local uses. 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.

In the 40 years since the end of World War II, Vietnam has been the focal point of the struggle for and against colonialism, of the war between capitalism and socialism and, more recently, of the clash between contending socialisms. For the first time, a nation divided in two by the ideological schisms of the Cold War has been reunified. With a population of 65 million it has become the 12th largest country in the world and it is the third largest socialist country. It has mineral, agricultural and labour resources which could ultimately see it become a major economic power in Southeast Asia. However, it remains one of the poorest economies in the world at present and the reunification process has created difficult problems for the economic development strategy being pursued. In focussing on the theme of economic unification, this book hopes to throw some new light on these domestic developments and on Vietnam's potential for growth in the future. The study explains the economic upheavals in terms of historical developments, especially the legacy of separation of North and South from 1954 to the 1975 Communist victory. The author traces those aspects of the divided economies which have been of significance for post-War development and argues that the process of unifying radically different economic systems has been the key to understanding the economic crisis facing Vietnam since 1975 and its potential for constructing a strong, socialist economy in future. The Vietnamese experience with reunification also contains important lessons for other countries in the region. The author has also written "A Manual of Political Economy" and "Vietnam: Politics, Economics and Society".

Transition economies allow the study of fundamental questions about the nature of markets. How do they arise and do they necessarily follow the same modus operandi as markets in other countries? How does the opening of the economy to global market influences affect the process of institutional change? And how in the context of an underdeveloped transitional economy like Vietnam, do such influences affect the prospects for sustainable and equitable development? This book focuses on the differentiated ways in which the double transition in Vietnam, from central planning and from under-development, affects various sectors of the population.

Transition economies allow the study of fundamental questions about the nature of markets. How do they arise and do they necessarily follow the same modus operandi as markets in other countries? How does the state influence the development of markets? How does the opening of the economy to global market influences affect the process of institutional change? How do people respond to both internal and external influences? And how in the context of an underdeveloped transitional economy like Vietnam, do such influences affect the prospects for sustainable and equitable development? This book focuses on the differentiated ways in which the double transition in Vietnam - from central planning and from under-development - affects various sectors of the population.

Richly informed by in-depth field and archival research, this book offers a synthetic and accessible analysis of contemporary Vietnam. After decades of war and a socialist transformation, the country has moved toward a market economy. Echoing that shift, Vietnamese society itself has undergone significant changes, marked by increasing socioeconomic disparities among regions and within localities, greater unrest both in urban and rural areas, and a revitalization of religious and folk rituals. Moving beyond the standard emphasis on the Vietnam War and Vietnamese politics and economy, this volume provides a historically grounded examination of the dynamics of contemporary society and state-society relations. Within that framework, the contributors explore the dynamics of economic reforms, socioeconomic inequality, environmental changes, gender and ethnic relations, migration, media, and ritual. Their work will be of interest to all those studying Southeast Asia, socialist and post-socialist societies, agrarian transformation, international development, as well as the Vietnam War.