This book explores what happened in the transition economies of China, Vietnam and Myanmar from both macro and micro perspectives, and questions whether the governments of these countries are capable of implementing effective reform and transformation

Machine generated contents note: Introduction -- Part I The political economy of state socialism -- Chapter 1 The system of state socialism -- Chapter 2 The successes and failures of central planning -- Chapter 3 From reform to breakdown -- Part II Macro-economic transformations: From shock to...