2014
DOI: 10.1146/annurev-polisci-041811-150032
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The Political Economy of Development in China and Vietnam

Abstract: Two theories predominate in discussions of why China and Vietnam have, over the past three decades, achieved such rapid economic growth. The first argues that their startling performance can be explained by economic factors associated with late industrialization. The second proposes that China and Vietnam represent novel models of political economic organization that need to be better studied and understood. In this essay we review the voluminous literature on the political economy of China and Vietnam, evalua… Show more

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Cited by 99 publications
(71 citation statements)
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“…Vietnam has mainly concentrated development in and around the major urban centers, although it is also urbanizing rapidly. The concentration of wealth and income inequality is noticeably higher in China than in Vietnam (Malesky and London 2014).…”
Section: Introductionmentioning
confidence: 94%
“…Vietnam has mainly concentrated development in and around the major urban centers, although it is also urbanizing rapidly. The concentration of wealth and income inequality is noticeably higher in China than in Vietnam (Malesky and London 2014).…”
Section: Introductionmentioning
confidence: 94%
“…However, the role of the socialist states is being subject to a more critical scrutiny by recent studies. Evaluating the roles of the party-states of China and Vietnam in their developmental successes, Malensky and London (2014) argue that their most robust growth was in periods of state withdrawal from the economy and their current economic difficulties stem from the scale and character of the party-state's role in the economy. Furthermore, the focus on the role of the party-state might come at the expense of obscuring other com plex factors and the interplay of different forces at the societal level and global level.…”
Section: Accommodating Neoliberal Governmentality: the Developmental mentioning
confidence: 99%
“…[7]). The divergence in the development in China and Vietnam has been explained by differences in the political economy of development [8] [9], inter alia, by differences in the governance reforms in China and Vietnam [10]. International linkages to development have been drawn in empirical studies of trade between Vietnam and China (e.g.…”
Section: Introductionmentioning
confidence: 99%