Lessons from Enterprise Reforms in China and Vietnam Can Stylized Necessary Conditions for the Sustainability of Socialist-Oriented Economic Strategies Be Identified?
Abstract
This paper surveys a few key features of socialist-oriented economic (SOE) reforms in China and Vietnam, focusing particularly on the evolution of ownership structures and on the relative weight of market regulatory mechanisms, and discusses their general implications for socialist development. It tentatively concludes that some broad principles informing and constraining any feasible socialist-oriented economic strategy can indeed be identified.
References
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[31] Vidal, P. 2012. Monetary Reform Cuba and Vietnam, VRF Series 473, IDE, Japan
[32] Wolf, M. 2013. Why China will not buy the world, Financial Times July 9, 2013 Available at: Error! Hyperlink reference not valid. (accessed: 28 April 2016)
[33] Xinhua 2015. China Focus: CPC to hold key plenum in October, discuss 13th five-year development plan, Available at: http://news.xinhuanet.com/english/2015-07/20/c_134429135.htm (accessed: 28 April 2016).
*** 1859. A Contribution to the Critique of Political Economy. http://www.marxists.org/archive/marx/works/ 1859/critiquepoleconomy/preface.htm (accessed: 28 April 2016)
*** 1861-1864. Economic Works of Karl Marx 1861-1864, ad 2) Capitalist Production as the Production of Surplus Value, Available at: https://www.marxists.org/archive/marx/works/1864/economic/ch02b.htm (accessed: 28 April 2016)
*** 1863. Theories of surplus value, Available at: https://www.marxists.org/archive/marx/works/1863/ theories-surplus-value/ch04.htm (accessed: 28 April 2016).
*** 1867. Capital, Volume I, Available at: http://marxists.org/archive/marx/works/download/pdf/Capital-Volume-I.pdf (accessed:28 April 2016)
*** 1868. Letter to Kugelmann, 11 July 1868, Available at: https://www.marxists.org/archive/mandel/19xx/ marx/ch04.htm (accessed: 28 April 2016)
*** 1875. Critique of the Gotha Program. Available at: http://www.marxists.org/archive/marx/ works/1875/gotha/index.htm (accessed: 28 April 2016)
*** 1894. Capital, Volume III, Available at: http://marxists.org/archive/marx/works/download/pdf/Capital-Volume-III (accessed: 28 April 2016)
*** 1960 Production of Commodities by Means of Commodities: Prelude to a Critique of Economic Theory. Cambridge University Press.
*** 2005. Productive and unproductive labour. Available at: http://www.marxist.com/unproductive-labour1981.htm (accessed: 28 April 2016)
*** 2005. Strategic Services Policies and International Trade Integration in Vietnam. Journal of Economic Integration, 20(2): 263-293. Available at: http://www.jstor.org/stable/23000680.
*** 2006. Social Services Policies in a Developing Market Economy Oriented Towards Socialism: the Case of Health System Reforms in Vietnam. Review of International Political Economy, 13(2): 258-289. Available at: http://www.jstor.org/stable/25124072.
*** 2014b. The puzzle of productive and unproductive labour, Available at: http://www.marxist.com/the-puzzle-of-productive-and-unproductive-labour.htm (accessed: 28 April 2016)
*** Communist Party of China (CPC). 2013. Decision of the Central Committee of the Communist Party of China on Some Major Issues Concerning Comprehensively Deepening the Reform, Available at: http://www.china.org.cn/china/third_plenary_session/2014-01/16/content_31212602.htm (accessed: 28 April 2016).
*** UNDP .2015. 2015 Human Development Report, Available at: http://hdr.undp.org/en/content/human-development-index-hdi (accessed: 28 April 2016)
*** World Bank. 2003. Viet Nam living standards survey data, U.N. Country Team Viet Nam, Health Care Financing for Viet Nam, Discussion Paper No.2, June, 2003.
[2] Brooks, M. 2002. An introduction to Marx's Labour Theory of Value - Part One.
[3] Castro, R. 2011. Texto íntegro del Informe Central al VI Congreso del PCC, Cuba debate, Available at: http://www.cubadebate.cu/opinion/2011/04/16/texto-integro-del-informe-central-al-vi-congreso-del-pcc/#. Vkm5xnbhDIU ( accessed: 28 April 2016)
[4] Cesaratto, S. 2012. The surplus approach and institutions: Diamond vs. Acemoglu & Robinson, Naked Keynesianism. Available at: http://nakedkeynesianism.blogspot.it/2012/08/the-surplus-approach-and-institutions (accessed 6 July 2016)
[5] Commons, J. R. 1934. Institutional Economics - Its Place in Political Economy. New York. Macmillan.
[6] Elliott, J.E. 1978. Marx’s Socialism in the Context of his Typology of Economic Systems, Journal of Comparative Economics, 2(1): 25-41. DOI: 10.1016/0147-5967(78)90051-3
[7] Fu, X., and Balasubramanyam, V.N. 2003. Township and Village Enterprises in China, Journal of Development Studies. 39 (4): 27-46.
[8] Gabriele, A. 2001. Science and Technology Policies, Industrial Reform and Technical Progress in China. Can Socialist Property Rights Be Compatible with Technological Catching Up? 2001, UNCTAD Discussion Paper n.151.
[9] Gabriele, A., and Schettino, F. 2008. Child Malnutrition and Mortality in Developing Countries: Evidence from a Cross-Country Analysis, Analysis of Social Issues and Public Policy. 8(1): 53-81. DOI:10.1111/j.1530-2415.2008.00157.x
[10] Gabriele, A., and Schettino, F. 2012. Market Socialism as a Distinct Socioeconomic Formation Internal to the Modern Mode of Production. New Proposals: Journal of Marxism and Interdisciplinary Inquiry, 5(2): 20-50.
[11] Garegnani, P. 1984. Value and Distribution in the Classical Economists and Marx. Oxford Economic Papers. 3: 291–325.
[12] Gillespie, J., and Nicholson, P. 2005. Asian Socialism and Legal Change: the Dynamic of Vietnamese and Chinese Reform, Asia Pacific Press at the Australian National University.
[13] Gough, I. 1972. Marx's theory of productive and unproductive labour. New Left Review, 76: 47- 72.
[14] Laibman, D. 1992. Value, Technical Change, and Crisis: Explorations in Marxist Economic Theory. Armonk NY, London UK.
[15] Lenin 1917a. The State and the Revolution, Available at: https://www.marxists.org/archive/lenin/ works/1917/staterev/ch05.htm#s3 (accessed: 28 April 2016)
[16] Lenin 1917b. Will the Bolsheviks Retain Government Power? Available at: https://www.marxists.org/ archive/lenin/works/1917/oct/01.htm (accessed: 28 April 2016)
[17] Li Ran. 2014. The nature and functioning of China’s state Enterprises, Thesis submitted in fulfillment of the requirement for the degree of doctor of philosophy, Faculty of Economics and Administration, University of Malaya, Kuala Lumpur, Available at: http://studentsrepo.um.edu.my/4613/1/Li_Ran_Thesis_Printing_ and_CD.pdf (accessed: 28 April 2016)
[18] Lorimer, D. 1999. Fundamentals of Historical Materialism: the Marxist View of History and Politics. Broadway NSW: Resistance Books.
[19] Mandel, E. 2004. Karl Marx, IV. Marx’s Labour Theory of Value, Available at: https://www.marxists.org/ archive/mandel/19xx/marx/ch04.htm (accessed: 28 April 2016)
[20] Marx, K. 1845. The German Ideology. Available at: http://www.marxists.org/archive/marx/works/1845/ german-ideology (accessed: 28 April 2016)
[21] Nguyễn, Phú Trọng. 2012. Socialism and the path to Socialism-Vietnam’s Perspective. Tạp chí Cộng Sản. Central Committee of the Communist Party of Vietnam. Retrieved 1 December 2012.
[22] Nolan, P. 2012. Is China buying the World? Polity Press.
[23] Novak, M. 2011. Super cooperators: Evolution, Altruism and Human Behavior or, Why We Need Each Other to Succeed, (with Highfield R.). Free Press.
[24] Pala, G. 2015. Pierino e il lupo, Franco Angeli, Milano.
[25] Romanò, S. 2012. Commercial Circuits and Economic Inequality, In Alberto Gabriele, ed. The Economy of Cuba after the VI Party Congress. New York. Nova Science Publishers, Inc. Pp 97-129
[26] Schettino, F., and Gabriele, A. (2008). Child Malnutrition and Mortality in China and Vietnam in a Comparative Perspective. Economic Change and Restructuring, 41(1): 29-59.
[27] Screpanti, E. 2015. The Demise of Marx’s Labour Theory of Value and the ‘New Interpretation’: A Recap Note, Universita’ di Siena, Quaderni del Dipartimento di Economia Politica e Statistica, 1240, Available at: http://www.deps.unisi.it/sites/st02/files/allegatiparagrafo/14-03-2015/708.pdf (accessed: 28 April 2016)
[28] Sewell, R. 2014a. In Defence of Marx's Labour Theory of Value, Available at: http://www.marxist.com/in-defence-of-ltv.htm (accessed: 28 April 2016)
[29] Sraffa, P. 1951. Introduction to Ricardo's Principles, in Ricardo, D. (1951-73) Works and Correspondence of David Ricardo, Cambridge: Cambridge University Press, Volume I.
[30] Talmadge, E. 2015. North Korea's creeping economic reforms show signs of paying off, The Guardian, March 5 2015, Available at: http://www.theguardian.com/world/2015/mar/05/north-korea-economic-reforms-show-signs-paying-off (accessed:28 April 2016)
[31] Vidal, P. 2012. Monetary Reform Cuba and Vietnam, VRF Series 473, IDE, Japan
[32] Wolf, M. 2013. Why China will not buy the world, Financial Times July 9, 2013 Available at: Error! Hyperlink reference not valid. (accessed: 28 April 2016)
[33] Xinhua 2015. China Focus: CPC to hold key plenum in October, discuss 13th five-year development plan, Available at: http://news.xinhuanet.com/english/2015-07/20/c_134429135.htm (accessed: 28 April 2016).
*** 1859. A Contribution to the Critique of Political Economy. http://www.marxists.org/archive/marx/works/ 1859/critiquepoleconomy/preface.htm (accessed: 28 April 2016)
*** 1861-1864. Economic Works of Karl Marx 1861-1864, ad 2) Capitalist Production as the Production of Surplus Value, Available at: https://www.marxists.org/archive/marx/works/1864/economic/ch02b.htm (accessed: 28 April 2016)
*** 1863. Theories of surplus value, Available at: https://www.marxists.org/archive/marx/works/1863/ theories-surplus-value/ch04.htm (accessed: 28 April 2016).
*** 1867. Capital, Volume I, Available at: http://marxists.org/archive/marx/works/download/pdf/Capital-Volume-I.pdf (accessed:28 April 2016)
*** 1868. Letter to Kugelmann, 11 July 1868, Available at: https://www.marxists.org/archive/mandel/19xx/ marx/ch04.htm (accessed: 28 April 2016)
*** 1875. Critique of the Gotha Program. Available at: http://www.marxists.org/archive/marx/ works/1875/gotha/index.htm (accessed: 28 April 2016)
*** 1894. Capital, Volume III, Available at: http://marxists.org/archive/marx/works/download/pdf/Capital-Volume-III (accessed: 28 April 2016)
*** 1960 Production of Commodities by Means of Commodities: Prelude to a Critique of Economic Theory. Cambridge University Press.
*** 2005. Productive and unproductive labour. Available at: http://www.marxist.com/unproductive-labour1981.htm (accessed: 28 April 2016)
*** 2005. Strategic Services Policies and International Trade Integration in Vietnam. Journal of Economic Integration, 20(2): 263-293. Available at: http://www.jstor.org/stable/23000680.
*** 2006. Social Services Policies in a Developing Market Economy Oriented Towards Socialism: the Case of Health System Reforms in Vietnam. Review of International Political Economy, 13(2): 258-289. Available at: http://www.jstor.org/stable/25124072.
*** 2014b. The puzzle of productive and unproductive labour, Available at: http://www.marxist.com/the-puzzle-of-productive-and-unproductive-labour.htm (accessed: 28 April 2016)
*** Communist Party of China (CPC). 2013. Decision of the Central Committee of the Communist Party of China on Some Major Issues Concerning Comprehensively Deepening the Reform, Available at: http://www.china.org.cn/china/third_plenary_session/2014-01/16/content_31212602.htm (accessed: 28 April 2016).
*** UNDP .2015. 2015 Human Development Report, Available at: http://hdr.undp.org/en/content/human-development-index-hdi (accessed: 28 April 2016)
*** World Bank. 2003. Viet Nam living standards survey data, U.N. Country Team Viet Nam, Health Care Financing for Viet Nam, Discussion Paper No.2, June, 2003.
Published
2016-06-30
How to Cite
GABRIELE, Alberto.
Lessons from Enterprise Reforms in China and Vietnam Can Stylized Necessary Conditions for the Sustainability of Socialist-Oriented Economic Strategies Be Identified?.
Theoretical and Practical Research in Economic Fields, [S.l.], v. 7, n. 1, p. 63-80, june 2016.
ISSN 2068-7710.
Available at: <https://journals.aserspublishing.eu/tpref/article/view/1256>. Date accessed: 22 dec. 2024.
doi: https://doi.org/10.14505/tpref.v7.1(13).05.
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