Routledge - From Plan to Market: The Economic Transition in Vietnam

Explore the fascinating evolution of Vietnam's economy in this text by Routledge. This book provides a clear and accessible look at how the nation moved from a neo-Stalinist central planning system to a unique "Vietnamese style" market economy. By examining the north Vietnamese system before 1975 along with its colonial and precolonial roots, the authors identify the specific mechanisms that drove this massive changeover. A central theme of the work is the idea that the transition was largely a bottom-up process. This gradual evolution allowed the country's political economy to adjust effectively over time. Readers will gain a better understanding of how this period of adjustment helped facilitate a rapid shift toward a high-growth, externally oriented development path. This book is an essential resource for anyone studying economic policy, development, or the specific history of Southeast Asian markets.