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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Socialist Market Economy in Asia: Development in China, Vietnam and Laos

The Socialist Market Economy in Asia: Development in China, Vietnam and Laos

Hansen, Arve
Bekkevold, Jo Inge
Nordhaug, Kristen

Hardcover

EconomicsGeneral Asian HistoryGeneral Sociology

ISBN10: 9811562474
ISBN13: 9789811562471
Publisher: Palgrave Macmillan
Published: Oct 27 2020
Pages: 353
Weight: 1.31
Height: 0.88 Width: 5.83 Depth: 8.27
Language: English

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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