The Socialist Market Economy in Asia: Development in China, Vietnam and Laos
9811562474, 9789811562471
This book is intended for policy-makers, academics and students of development studies, area studies, political economy,
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English
Pages 354
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Year 2020
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Table of contents :
Acknowledgments
Contents
Notes on Contributors
List of Figures
List of Tables
Part I The Socialist Market Economy: Ideology and Development
1 Introducing the Socialist Market Economy
The Socialist Market Economies as Success Stories of Development
What Is a Socialist Market Economy?
What Kind of Development Model?
Varieties of Socialist Market Economies
Making Sense of the Socialist Market Economy: Outline of the Book
References
2 The International Politics of Economic Reforms in China, Vietnam, and Laos
Introduction
Launching Reforms in the Cold War Era
Economic Reforms in the Era of Deep Globalization
Foreign Trade
Foreign Direct Investments
Capital Market Liberalization and Portfolio Investments
Closer Cooperation
A New Era of Strategic Rivalry and Mercantilism
The Future of the Socialist Market Economy
Conclusion
Literature
3 China and Vietnam as Instances of Consolidated Market-Leninism
The Value and Limits of Contemporary Political Economy
Developmental States?
Developmental State Variants?
Are China and Vietnam Usefully Construed as Varieties of Capitalism (VOC)?
Towards a More Sociological Perspective
From National Political Economies to Social Orders
China and Vietnam on the Path from State Socialism
Political Institutions and Domination
Economic Institutions and Accumulation Regimes
Welfare Institutions and Reproduction Regimes
China and Vietnam as Instances of Consolidated Market-Leninism
Conceptual Foundations of Market-Leninism
Why the Leninism in Market-Leninist Orders Still Matters
Making Sense of Market-Leninism
References
Part II State, Market and the Environment
4 Governance, the Socialist Market Economy, and the Party-State in Vietnam and China
Introduction
The Introduction of Developmentalism into a Socialist System
Reality Check on Socialist Market Economy in Vietnam and China
Case Study: Discourses of Land Ownership, State-Owned Economic Sector and Local Governance in Vietnam
Conclusion
References
5 Reforming State-Owned Enterprises in a Global Economy: The Case of Vietnam
Introduction
Conceptualizations of SOE
CVPs Notion of a Socialist Market Economy and the Role of SOEs
SOE Reforms Between 1990 and 2015
The New Phase of SOE Reforms
International Stakeholders
Industry Experiences
Sabeco
Habeco
Vinamilk
Summary and Concluding Discussion
References
6 Rural Revolutions: Socialist, Market and Sustainable Development of the Countryside in Vietnam and Laos
Introduction
Socialist Transformation of the Countryside in Laos and Vietnam
Re-ordering Rural Spaces
Managing Rural Populations
Paper Cooperatives and the End of the Collective Ideal
Reforms, Re-engagement and New Forms of Rural Development
Regional Integration and Agricultural Commercialisation
Sustainability and ‘Green’ Growth
The Emerging Lay of the Land: The AEC, Investments and Transboundary Commodities
Conclusion
References
7 Evolving Environmental Governance Structures in a Market Socialist State: The Case of Vietnam
Introduction
Evolving Environmental Governance
The Party-State
The Society
The Business Sector
The Role of International Actors
Conclusion
References
Part III State and Society: Inequality, Class and Conflict
8 Consumer Socialism: Consumption, Development and the New Middle Classes in China and Vietnam
Introduction
The Fall and Rise of the Socialist Middle Classes
The Socialist Market Economy and the Creation of New Middle Classes
Who Are the Middle Classes? Class Composition in the Socialist Market Economy
The Loyal Class?
From Savers to Spenders
Constructing Consumer Socialism
The Socialist Consumer Revolution
Cosmopolitanism and an Appetite for the Foreign
Displaying Wealth
Conflicted Consumerism
Conclusions
References
9 Labour Conflicts in the Socialist Market Economy: China and Vietnam
Introduction
The Development of Strikes in China and Vietnam
Comparing the Frequency of Strikes in China and Vietnam
Work Organisation and Strikes
Worker Housing and Strikes
The Institutionalisation of Labour Conflicts and Strikes
States and Strikes
Concluding Remarks
References
10 Welfare and Social Policy in China: Building a New Welfare State
Introduction
The Chinese Welfare State, Its History and Development
Iron Rice-Bowls and Barefoot Doctors—The Mao Period
Health, Pensions, and Basic Education
Uneven Economic Growth and Dismantling Welfare—Reform and Opening-Up
Health, Pensions, and Basic Education
Toward a New Welfare Regime—The Hu-Wen Era (Social Justice and Fairness)
Health, Pensions, and Basic Education
Summing up Chinese Welfare Reforms from 2000 to 2015
On the Way to a Moderately Well-off Society—“The Moderate Universal Welfare principle”
Health, Pensions, and Education
Policy Development, Financing, and Oversight
Challenges Ahead
New Labor Relations and Digitalization
Organization and Implementation
Public Expectations
Conclusion
References
11 Capitalist Transformation and Habitus in Laos
Introduction
Theoretical and Methodological Background
Lao Sociocultures
Habitus Groups
Socialism, Capitalism and Sociocultures
Conclusion
References
Part IV Concluding Observations
12 Making Sense of the Socialist Market Economy
On Ideology
State and Market
State, Market and the Environment
State and Society
Development Models, Competition and Collaboration
Future Developments and Research Agendas
References
Index