The Political Economy of Growth in Vietnam av Guanie Lim

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<P>Since the <I>doi moi </I>reforms in 1986, Vietnam has experienced a dramatic socioeconomic</P><P>transformation. Lim examines the role of the state and its interaction</P><P>with market forces in bringing this change about.</P><P>Taking the motorcycle and banking industries as case studies, this book explores</P><P>the dynamics between the state and transnational corporations in shaping</P><P>the manufacturing and service sectors, respectively. Vietnam, as one of Southeast</P><P>Asia¿s quintessential latecomer economies with little prior experience of</P><P>dealing with transnational corporations, has nevertheless been quite successful</P><P>in maintaining some control over the impact of foreign direct investment. Yet,</P><P>the learning outcomes remain highly uneven. In addition, Lim argues that Vietnamese</P><P>advancement in both industries mirrors only partially the more generalized</P><P>patterns of state-led development in East Asia¿s earlier batch of latecomer</P><P>economies