Vietnamese State Industry and the Political Economy of Commercial Renaissance: Dragon’s Tooth or Curate’s Egg 1st Edition by Adam Fforde – Ebook PDF Instant Download/Delivery: 1843342200, 9781843342205
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ISBN 10: 1843342200
ISBN 13: 9781843342205
Author: Adam Fforde
This book is based upon extensive and repeated fieldwork, close observation and familiarity with institutional detail. It traces Vietnam’s early attempts to create in State Owned Enterprises (SOEs) a basis for a military-industrial complex, and the ways in which these attempts failed, which explains the nature of state commercialism through the 1980s and into recent years. Since the 1990 breakout to a market economy, Vietnam has shown outstanding development success, with rapid GDP growth, macroeconomic stability, swift poverty reduction, maintenance of social spending and extensive globalisation. Her SOEs have played a major role, not only in showing that performance gains in 1989-91 could compensate for loss of the large Soviet bloc aid program, but also as major players in the rapid economic change of the 1990s, during which the officially reported state share of GDP remained high. By the middle of the 2000s, however, a rising private sector was, in harness with a large presence of foreign companies, sharply increasing pressures upon SOEs. Against this background, the book concludes with an assessment of the extent to which Vietnam’s commercialised SOEs are now no longer seen as an effective compromise, but acting as a major hindrance to Vietnam’s development.
Vietnamese State Industry and the Political Economy of Commercial Renaissance 1st Table of contents:
1 Scene-setting and overview of the book
Introduction
Overview
Research context and literature review
Vietnamese communist economy
Vietnamese economic development after the 1975–1976 reunification
Policy and events
Traps and their significance
Conclusions
Notes
2 The DRV, the development goals of unreformed Vietnamese communism and what went wrong – the limi
Introduction
The view from the grassroots: life in an SOE in the mid-1970s
The DRV and North Vietnam prior to 1975 – the limits of statist developmentalism
The north at reunification
Conclusions: the importance of local perspectives
Notes
3 Vietnamese state industry: policy debates before 1979
Introduction: traditional central planning in North Vietnam and perceptions of problems
The politics and political economy of state industry prior to 1979
Harbingers of ‘fence-breaking’ – ‘outside interests inside the central establishment’: the
1965–1975: the effects of aid
Early Vietnamese analyses: towards pro-market policy
Traditional Vietnamese socialism and conservative policy: towards tedium?
The trap opens: early attempts at the reform of superior levels
‘Reform’ on the eve of reunification – plan indicators
Early experience with commercialisation – policy towards the non-state sector before 1979
Conclusions
Notes
4 Vietnamese neo-Stalinism and its feet of clay – from reunification to August
The origins of the 1979 Sixth Plenum – what went wrong?
Origins of crisis – the second FYP
Party organisations in small-scale industry
The run-up to 1979
Conclusions
Notes
5 The transitional model of the 1980s: a new solution?
The 1979 Sixth Plenum
Legalising SOE commercialisation: 25-CP
Conclusions
Notes
6 Just how important was policy? Spontaneous decentralisation
Exogenous shocks, 1978–1979, and their immediate local effects
Spontaneous decentralisation, 1979–1980 – grassroots experiences
Labour relations
The development of regional economies
Conclusions: the impact and meanings of 25-CP
Notes
7 The attempted recentralisation
Reaction and its failure
Defending the DRV: SOE policy immediately after 25-CP
Debate, conflict and policy development: interpretations of the new legislation – the ‘new cours
Grassroots response, 1981–1984: the debate, perceptions and rationalities
Gathering political tensions: 156-HDBT, 306-BBT and the road to the Sixth Congress
The manager’s lament: chaos and its offspring
Conclusions: the attempted recentralisation
Notes
8 From the 1986 Sixth Congress to the emergence of the SOE-focused model
Policy logic – failure hidden by success?
The Sixth Congress
Reforms after the Sixth Congress
Towards the second trap: loss of Soviet aid, elimination of the ‘two-price system’ and the anti-
The second trap and the recovery of 1990–1992
The recovery of 1990–1992
The start of recentralisation – SOE management councils
Equitisation
Renaissance? The SOE-focused model of the 1990s
Notes
9 State industry: from the early 1990s and the ‘big surprise’ to the gathering problems of the l
Introduction
The past and its legacies
Dragon’s teeth? But blue ones
Researching the 1990s: some preliminary results
Notes
10 Conclusions – state industry and the Vietnamese experience
Capitalism and the state
Lessons from Vietnam?
Glossary
Acronyms
Bibliography
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Tags: Vietnamese State, the Political Economy, Commercial Renaissance, Adam Fforde



