Viewpoints of the Communist Party and State of Vietnam about Resources and Resource Allocation in the Socialist-Oriented Market Economy

2017 ◽  
Vol 33 (4) ◽  
Author(s):  
Nguyen Hong Son ◽  
Pham Thi Hong Diep
Keyword(s):  
Resource Allocation ◽  
Market Economy ◽  
Communist Party ◽  
The State ◽  
Market Mechanism ◽  
Economic Resources ◽  
Doi Moi ◽  
Role Of The State ◽  
Economic Thinking

The paper reviews Vietnamese Communist Party and the State’s viewpoints about resources and resource allocation in the socialist-oriented market economy. Over 30 years of Doi Moi, there has been a turning point in the economic thinking of the Communist Party of Vietnam. Party’s perception of resources and mechanism of resource allocation in the socialist-oriented market economy has been changing and developing. From the concept that the State is the sole subject that allocates all economic resources according to the central planning mechanism, to date, market mechanism has been identified “to play a key role in effectively mobilizing and allocating development resources”. The role of the State is to guide development on the basis of respect for market principles. In order for the market mechanism to maximize its role in allocating development resources, efforts should be made to improve the synchronous and modern market economy institutions.

scholarly journals Have party premiums disappeared in post-2000 China? The influence of negative ability bias from position conditioning

2019 ◽  
Vol 5 (1) ◽  
pp. 57-79 ◽  
Author(s):  
Ling Zhu ◽  
Tony Tam
Keyword(s):  
Resource Allocation ◽  
Communist Party ◽  
General Social Survey ◽  
The State ◽  
Party Membership ◽  
Social Survey ◽  
State Sector ◽  
Role Of The State ◽  
Ability Bias

Communist Party membership is often associated with higher incomes in socialist regimes because it is an important credential for obtaining state-sector jobs and cadre positions. During the first two decades of marketization in China, the income returns to Communist Party membership (the party premium) clearly persisted. However, recent studies have documented an insignificant party premium in post-2000 China. Considering the persistent role of the state in resource allocation, this phenomenon is puzzling and lacks clear interpretation. Drawing on the knowledge of collider conditioning, we hypothesize that this phenomenon stems from a negative ability bias generated by conditioning on endogenous job positions. Using the China General Social Survey 2008, we re-examine the post-2000 party premiums. The results support this hypothesis and demonstrate that this negative ability bias overwhelms the usual positive ability bias and any residual party premiums. Party premiums persist after 2000 and are reflected in positions where the negative ability bias is less influential.

KEGAGALAN PRIVATISASI BUMN DI ERA REZIM ORDE BARU DALAM PERSPEKTIF EKONOMI POLITIK

Wacana Publik ◽  
2019 ◽  
Vol 12 (02) ◽  
Author(s):  
Syamsul Ma'arif
Keyword(s):  
Market Economy ◽  
Free Market ◽  
Dominant Role ◽  
The State ◽  
Early Years ◽  
New Order ◽  
Free Market Economy ◽  
Economic Sectors ◽  
Role Of The State

After had being carried out nationalization and hostility against west countries, the New Order regime made important decision to change Indonesia economic direction from etatism system to free market economy. A set of policies were taken in order private sector could play major role in economic. However, when another economic sectors were reformed substantially, effords to reform the State Owned Enterprises had failed. The State Owned Enterprise, in fact, remained to play dominant role like early years of guided democracy era. Role of the State Owned Enterprises was more and more powerfull). The main problem of reforms finally lied on reality that vested interest of bureaucrats (civil or military) was so large that could’nt been overcome. 

Party plenum strengthens Xi’s grip on China

2019 ◽  
Keyword(s):  
Communist Party ◽  
Social Life ◽  
The State ◽  
Senior Leaders ◽  
Content Type ◽  
Role Of The State ◽  
Political Economic

Subject The Communist Party's recent Fourth Plenum meeting. Significance The Communist Party concluded a five-day meeting of senior leaders on October 31. The meeting, called the ‘Fourth Plenum’, focused on institutional and intra-Party affairs. Press statements that followed were short on policy detail, but the meeting appears to have reaffirmed President Xi Jinping's efforts to place the Party and its ideology at the centre of China's political, economic and social life. Impacts Xi’s grip on the Party appears unassailable. There are no signs of Xi lining up a successor; he looks likely to remain leader for a third term. There are no indications that Beijing will compromise on US demands to reduce the role of the state in industry.

scholarly journals The role of the state in shaping zero hours work in an atypical liberal market economy

2017 ◽  
Vol 41 (3) ◽  
pp. 652-671 ◽  
Author(s):  
Michelle O’Sullivan ◽  
Thomas Turner ◽  
Jonathan Lavelle ◽  
Juliet MacMahon ◽  
Caroline Murphy ◽  
...  
Keyword(s):  
Health Education ◽  
Market Economy ◽  
The State ◽  
Regulatory Environment ◽  
Role Of The State ◽  
Theoretical Frame ◽  
The Relationship ◽  
Liberal Market Economy

Zero hours work typifies work where there are no guaranteed hours offered by the employer. This article examines the relationship between the state and the emergence of zero hours work in an atypical liberal market economy, Ireland. Based on interviews with informed stakeholders with a focus on four sectors – retail, health, education and accommodation/food – the article concludes that the actions of the state have created a weak regulatory environment that has facilitated the emergence of zero hours work. The findings are discussed with a theoretical frame using the concepts of accumulation and legitimation.

Neoliberalism in Germany: Ordoliberalism and the Social Market Economy

Diogenes ◽  
2019 ◽  
Vol 27 (2) ◽  
Author(s):  
Nikolay Alexandrov ◽  
◽  
◽  
Keyword(s):  
Market Economy ◽  
The State ◽  
Economic Life ◽  
Social Market Economy ◽  
Political Issues ◽  
Role Of The State ◽  
The Social ◽  
Long Time ◽  
Social Market

This article is devoted to German neoliberalism, which differs from the other national schools of the doctrine in question on the large scientific-theoretical array and the scientific-political science inherent in German social philosophers, which deals with the legal, economic and legal-political issues of democracy, market economy and the role of the state in a free society. One important feature of German neoliberalism, which emerges in the German universities, is emphasized, and besides being the most complex of all the national schools of neoliberalism and with the greatest number of theorists, it has for a long time maintained its objectivity and position on common sense, protecting the interests of all citizens, regardless of their property and social status. It also emphasizes that emblematic feature of German neoliberalism, according to which this national school does not deny the role of the state in social and economic life, but affirms it.

scholarly journals Biopolitics of COVID-19: Capitalist Continuities and Democratic Openings

2022 ◽  
pp. 97-107
Author(s):  
Karsten Schubert
Keyword(s):  
Political Power ◽  
The State ◽  
Economic Resources ◽  
State Of Exception ◽  
Role Of The State

"Biopolitics" has become a popular concept for interpreting the COVID-19 pandemic, yet the term is often used vaguely, as a buzzword, and therefore loses its specificity and relevance. This article systematically explains what the biopolitical lens offers for analyzing and normatively criticizing the politics of the coronavirus. I argue that biopolitics are politics of differentiated vulnerability that are intrinsic to capitalist modernity. The situation resulting from the COVID-19 pandemic is, therefore, less of a state of exception than it might appear; COVID-19 is a continuation and intensification of the capitalist biopolitics of differentiated vulnerability. In order to critically evaluate this situation, the article proposes the concept of "democratic biopolitics" and shows how it can be used, among others, for a queer critique of the differentiated vulnerabilities that are produced by the coronavirus and its capitalist governance. In contrast to widespread interpretations of democratic biopolitics that focus on collective care in communities, this article highlights the role of the state and of the redistribution of political power and economic resources as key for biopolitical democratization.

scholarly journals The Essence and Specific Characteristics of the Fiscal Mechanism for Regulating the Investment Development of the National Economy

2020 ◽  
Vol 9 (3) ◽  
pp. 78
Author(s):  
Viktoriia Rudenko ◽  
Ruslan Voloshchuk
Keyword(s):  
National Economy ◽  
Self Regulation ◽  
Developed Countries ◽  
The State ◽  
Market Mechanism ◽  
Investment Activity ◽  
Role Of The State ◽  
Investment Process ◽  
The Impact

The issues of the place and role of the state in the investment process has not lost relevance for many decades. Some scholars, appealing to the experience of developed countries, propose to minimize the role of the state in the investment sphere. This view is based on the fact that state participation cannot ensure a more efficient allocation of investment resources than a market mechanism of self-regulation. Other scholars believe that all the troubles in the economy are due to the fact that the state has minimized its influence on the investment sector, thereby causing a decrease in its activity. Obviously, both positions of scientists cannot be rejected mechanically. However, the practice of conducting investment activities in Ukraine has clearly shown that the state's departure from the investment sphere has actually cleared the way for anarchy and inconsistency in the investment process. At present, the state is obliged to influence investment activity by choosing effective means of its regulation, relying primarily on the fiscal mechanism. The article is devoted to the study of the essence of the fiscal mechanism for regulating the investment development of the national economy and the identification of its specific features. The specifics of the scientific tasks that are the subject of the study required the use of a set of special methods, the use of which helped to analyze the essence of the fiscal mechanism for regulating the investment development of the national economy and to highlight its specific characteristics. The etymology of the concept of “fisc” is considered in the article. Approaches to the interpretation of the term “mechanism” are highlighted. The economic meaning of the definition of “regulation” is substantiated. The essence of the fiscal mechanism for regulating the investment development of the national economy is determined. The specific features of the fiscal mechanism for regulating the investment development of the national economy are singled out and characterized. The study found that the impact of the fiscal mechanism on the investment development of the national economy is due to its specific characteristics and the focus of its components at solving specific problems and achieving a real effect due to financial resources that are formed, distributed and used to meet the investment needs of economic entities.  Keywords: fisc, mechanism, regulation, investment development, fiscal mechanism for regulating the investment development of the national economy

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