Vietnamese gradualism in the reform of state-owned enterprises: The first phase of doi moi

Van Tho Tran

doi:10.1057/9780230244986_6

Vietnamese gradualism in the reform of state-owned enterprises: The first phase of doi moi

Van Tho Tran^*

^*Corresponding author for this work

School of Social Sciences

Research output: Chapter in Book/Report/Conference proceeding › Chapter

3 Citations (Scopus)

Abstract

In any planned economy the state owned enterprises (SOEs) are a major factor in stagnant growth and macroeconomic instability.¹ Reforming them is extremely difficult because of the social burdens normally imposed upon them. They provide the employees with social welfare for expensive items like medical care, pension benefits, etc. and guarantee employment. The SOE workers regard themselves under a kind of lifetime employment system. Since social safety nets, social welfare, and employment opportunities elsewhere are lacking, they resist very strongly reform programs that may lay them off.

Original language	English
Title of host publication	Transition from Socialist to Market Economies
Subtitle of host publication	Comparison of European and Asian Experiences
Publisher	Palgrave Macmillan
Pages	101-122
Number of pages	22
ISBN (Electronic)	9780230244986
ISBN (Print)	9780230228030
DOIs	https://doi.org/10.1057/9780230244986_6
Publication status	Published - 2009 Jan 1

ASJC Scopus subject areas

Economics, Econometrics and Finance(all)
Business, Management and Accounting(all)

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Cite this

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abstract = "In any planned economy the state owned enterprises (SOEs) are a major factor in stagnant growth and macroeconomic instability.1 Reforming them is extremely difficult because of the social burdens normally imposed upon them. They provide the employees with social welfare for expensive items like medical care, pension benefits, etc. and guarantee employment. The SOE workers regard themselves under a kind of lifetime employment system. Since social safety nets, social welfare, and employment opportunities elsewhere are lacking, they resist very strongly reform programs that may lay them off.",

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ER -

Vietnamese gradualism in the reform of state-owned enterprises: The first phase of doi moi

Abstract

ASJC Scopus subject areas

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