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The Transition from Central Planning: East Asia’s Experience

In: Social Capability and Long-Term Economic Growth

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  • Dwight H. Perkins

Abstract

Since 1989 the debate over the appropriate way to reform Soviet-style centrally planned systems has been dominated by the experience of Eastern Europe and the Soviet Union. China, once considered in the forefront of reform efforts, has been presumed to be backsliding since the Tiananmen Square tragedy. Vietnam’s experience, outside a small circle of specialists, is simply unknown. Ignorance of what has been happening in Laos and Mongolia is nearly complete. North Korea’s economic situation is a bit better known mainly because so little has changed in Pyongyang. North Korea is the last stronghold of the Stalinist development strategy.

Suggested Citation

  • Dwight H. Perkins, 1995. "The Transition from Central Planning: East Asia’s Experience," Palgrave Macmillan Books, in: Bon Ho Koo & Dwight H. Perkins (ed.), Social Capability and Long-Term Economic Growth, chapter 11, pages 221-241, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-13512-7_11
    DOI: 10.1007/978-1-349-13512-7_11
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    Cited by:

    1. Loren Brandt & Debin Ma & Thomas G. Rawski, 2014. "From Divergence to Convergence: Reevaluating the History behind China's Economic Boom," Journal of Economic Literature, American Economic Association, vol. 52(1), pages 45-123, March.

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