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Economic Management and Transition Towards a Market Economy cover

Much attention has been focused in recent years on the transformation of the economies of Eastern and Central Europe and the former Soviet Union. However, a growing demand for policy advice, technical assistance and expertise is also coming from Asian reforming countries such as China, Mongolia, Vietnam, Laos and Cambodia. In addition, business communities abroad are increasingly interested in exploring investment and marketing opportunities in these reforming countries. Such developments are too important to overlook or ignore.

The transformation of socialist economies towards market-based systems entails an unusually wide range of problems. Studies of related topics are complicated by the speed of the changes and the lack of clear historical precedents. Although the structural features of Asian reforming economies are in important ways different from those of the Eastern European economies, all socialist economies share similar fundamental conditions on the eve of economic reform which raise a similar set of reform issues.

This volume brings together a rich collection of expertise and information in an attempt to shed some light on the transitional process in Asia. The contributions are by no means exhaustive. However, they provide the reader and analyst with an excellent starting point to the problems and prospects which are specific to Asian transforming economies.

Sample Chapter(s)
Chapter 1: Towards a Framework for the Transforming Economies of East Asia (1,901 KB)

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Contents:
  • Towards a Framework for the Transforming Economies of East Asia (A T H Chin & H G Ng)
  • Marketing vs Planning (H Khan)
  • Redefining the Role of the State in Former Socialist Countries (T K K Iyer)
  • Redefining Government in Vietnam's Economic Transition (J Thomas)
  • Designing a Legal Framework for a Market Economy-Experience and Lessons from Socialist Transitional Economies (S Bing)
  • The Sequence of Reforms in the Transition to the Market: A Review of the Issues, an Examination of the Sequence in Practice and a Comparison of Asia and Europe (G Peebles)
  • Decentralisation and Changing Central-Local Relations in Transitional Economies (K Chen)
  • Price Reform: Gradual and Radical Approaches (K Chen)
  • Macroeconomic Stabilization in a Newly Reformed Socialist Economy (H T Hoon)
  • Privatization: Conceptual Issues, Methods and Implications for Economies in Transition (M G Asher)
  • The Restructuring of State-Owned Enterprise (G Peebles)
  • Development of Non-State Enterprises During Transitional Time in Central Planning Economies: The Case of China (Q Yu)
  • Social Security and Social Services in Vietnam: Status and Prospects (A Tyabji)
  • and other papers

Readership: Economists.

Free Access
FRONT MATTER
  • Pages:i–xxii

https://doi.org/10.1142/9789812831477_fmatter

No Access
TOWARDS A FRAMEWORK FOR THE TRANSFORMING ECONOMIES OF EAST ASIA
  • Pages:1–11

https://doi.org/10.1142/9789812831477_0001

No Access
MARKETING VS PLANNING
  • Pages:12–35

https://doi.org/10.1142/9789812831477_0002

No Access
REDEFINING THE ROLE OF THE STATE IN FORMER SOCIALIST COUNTRIES
  • Pages:36–45

https://doi.org/10.1142/9789812831477_0003

No Access
REDEFINING GOVERNMENT IN VIETNAM'S ECONOMIC TRANSITION
  • Pages:46–65

https://doi.org/10.1142/9789812831477_0004

No Access
DESIGNING A LEGAL FRAMEWORK FOR A MARKET ECONOMY - EXPERIENCE AND LESSONS FROM SOCIALIST TRANSITIONAL ECONOMIES
  • Pages:66–91

https://doi.org/10.1142/9789812831477_0005

No Access
THE SEQUENCE OF REFORMS IN THE TRANSITION TO THE MARKET: A REVIEW OF THE ISSUES, AN EXAMINATION OF THE SEQUENCE IN PRACTICE AND A COMPARISON OF ASIA AND EUROPE
  • Pages:92–151

https://doi.org/10.1142/9789812831477_0006

No Access
DECENTRALISATION AND CHANGING CENTRAL-LOCAL RELATIONS IN TRANSITIONAL ECONOMIES
  • Pages:152–168

https://doi.org/10.1142/9789812831477_0007

No Access
PRICE REFORM: GRADUAL AND RADICAL APPROACHES
  • Pages:169–196

https://doi.org/10.1142/9789812831477_0008

No Access
MACROECONOMIC STABILIZATION IN A NEWLY REFORMED SOCIALIST ECONOMY
  • Pages:197–229

https://doi.org/10.1142/9789812831477_0009

No Access
PRIVATIZATION: CONCEPTUAL ISSUES, METHODS AND IMPLICATIONS FOR ECONOMIES IN TRANSITION
  • Pages:230–248

https://doi.org/10.1142/9789812831477_0010

No Access
THE RESTRUCTURING OF STATE-OWNED ENTERPRISES
  • Pages:249–305

https://doi.org/10.1142/9789812831477_0011

No Access
DEVELOPMENT OF NON-STATE ENTERPRISES DURING TRANSITIONAL TIME IN CENTRAL PLANNING ECONOMIES: THE CASE OF CHINA
  • Pages:306–325

https://doi.org/10.1142/9789812831477_0012

No Access
SOCIAL SECURITY AND SOCIAL SERVICES IN VIETNAM: STATUS AND PROSPECTS
  • Pages:326–342

https://doi.org/10.1142/9789812831477_0013

No Access
PUBLIC EXPENDITURES AND FISCAL DEFICITS IN VIETNAM: TRENDS AND POLICY DIRECTIONS
  • Pages:343–356

https://doi.org/10.1142/9789812831477_0014

No Access
WHAT CAN VIETNAM LEARN FROM CHINA'S TAX REFORMS
  • Pages:357–375

https://doi.org/10.1142/9789812831477_0015

No Access
MONETARY AND FINANCIAL REFORMS DURING TRANSITION TOWARDS MARKET ECONOMY: THE VIETNAM EXPERIENCE
  • Pages:376–406

https://doi.org/10.1142/9789812831477_0016

No Access
LABOUR REFORM AND HUMAN RESOURCE MANAGEMENT IN TRANSITIONAL ECONOMIES
  • Pages:407–432

https://doi.org/10.1142/9789812831477_0017

No Access
TRANSPORT AND DISTRIBUTION IN VIETNAM
  • Pages:433–452

https://doi.org/10.1142/9789812831477_0018

No Access
DEVELOPMENT OF PROPERTY MARKETS IN TRANSITIONAL ECONOMIES
  • Pages:453–473

https://doi.org/10.1142/9789812831477_0019

No Access
FOREIGN DIRECT INVESTMENT AND TECHNOLOGY TRANSFER: THE CASES OF CHINA AND VIETNAM
  • Pages:474–507

https://doi.org/10.1142/9789812831477_0020

No Access
FREE TRADE ZONES AND INDUSTRIAL DEVELOPMENT
  • Pages:508–525

https://doi.org/10.1142/9789812831477_0021

No Access
TRADE LIBERALISATION IN FORMER CENTRALLY PLANNED ECONOMIES: THE CASE OF VIETNAM
  • Pages:526–547

https://doi.org/10.1142/9789812831477_0022

No Access
SPECIAL ECONOMIC ZONES OF CHINA
  • Pages:548–570

https://doi.org/10.1142/9789812831477_0023

No Access
LESSONS FROM THE NIEs ON ECONOMIC GROWTH AND DEVELOPMENT
  • Pages:571–583

https://doi.org/10.1142/9789812831477_0024

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LESSONS AND EXPERIENCE FROM ECONOMIC DEVELOPMENT OF THE ASEAN COUNTRIES
  • Pages:584–601

https://doi.org/10.1142/9789812831477_0025

No Access
THE MACROECONOMICS OF AFTA'S FUTURE: POLICY IMPLICATIONS FOR VIET NAM'S ECONOMIC TRANSFORMATION
  • Pages:602–636

https://doi.org/10.1142/9789812831477_0026

No Access
INTEGRATING INDOCHINA INTO THE ASEAN AND THE INTERNATIONAL ECONOMIES: PROBLEMS AND PROSPECTS
  • Pages:637–666

https://doi.org/10.1142/9789812831477_0027