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The Socialist Market Economy in Asia

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The Socialist Market Economy in Asia Synopsis

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.

About This Edition

ISBN: 9789811562471
Publication date: 27th October 2020
Author: Arve Hansen
Publisher: Springer Verlag, Singapore
Format: Hardback
Pagination: 353 pages
Genres: Asian history
Economic history
Development studies