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

Van Tho Tran

Research output: Chapter in Book/Report/Conference proceedingChapter

1 Citation (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 languageEnglish
Title of host publicationTransition from Socialist to Market Economies
Subtitle of host publicationComparison of European and Asian Experiences
PublisherPalgrave Macmillan
Pages101-122
Number of pages22
ISBN (Electronic)9780230244986
ISBN (Print)9780230228030
DOIs
Publication statusPublished - 2009 Jan 1

ASJC Scopus subject areas

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

Fingerprint Dive into the research topics of 'Vietnamese gradualism in the reform of state-owned enterprises: The first phase of doi moi'. Together they form a unique fingerprint.

Cite this