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This book, first published in 1999, analyses the history and major economic features of the Vietnamese reform process. The attempt to establish a post-reunification centrally planned economic system, a collectivised agriculture and a capital-intensive and inward-oriented industrial sector had largely failed, provoking the development of a parallel economy which turned out to be the nucleus of an emerging private sector. The book focuses on the reform of enterprises and the financial sector and gives an overall picture of the reform efforts in the areas of rural development, the social sectors and environmental policy, and assesses the further changes and reforms needed in the country.
Peter Wolff
1. Introduction 2. Failed Unification Policy: Initial Reform Experiments 3. Steps Towards the Market Economy 4. Reform of the Financial Sector 5. Reform of the Enterprises 6. Environment, Industrialization and Sustainable Development 7. Poverty Alleviation, Rural Development and Social Policy 8. The Role of Development Cooperation 9. The Political Economy of the Transformation Process
