Caught between Plan and Market: Vietnam's Housing Reform in the Transition to a Market Economy

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Caught between Plan and Market: Vietnam's Housing Reform in the Transition to a Market Economy

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Publication Article, peer reviewed scientific
Title Caught between Plan and Market: Vietnam's Housing Reform in the Transition to a Market Economy
Author Tran, Hoai Anh ; Yip, Ngai-Ming
Date 2008
English abstract
The housing sector in Vietnam follows a ‘gradualist’ approach of transforming from a socialist system in which the state assumed effective control to a market-oriented system that the laws of supply and demand rule. Yet the long and winding transition within such a dual system produces inevitable contradictions between the state and the market as well as between the economic and the political institutions. This paper explores the dynamics of such interactions and contradictions in Vietnam’s transforming housing system, employing Hanoi as a case study. The paper analyses the functioning and teething problems of the new housing market as well as the resurgence of the role of the state in solving the contradictions in the reform process.
DOI https://doi.org/10.1080/08111140802301765 (link to publisher's fulltext.)
Publisher Routledge
Host/Issue Urban Policy and Research;3
Volume 26
ISSN 0811-1146
Pages 309-323
Language eng (iso)
Subject Housing reform
transitional economy
Vietnam
Humanities/Social Sciences
Research Subject Categories::SOCIAL SCIENCES
Handle http://hdl.handle.net/2043/13281 Permalink to this page
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