Present but not Powerful: Neo-Liberalism, the State and Development in Vietnam

Through a case study of Vietnam, this paper explores what happens to neoliberal ideas about development when they encounter the very different political and cultural context of a developing country. The paper argues that although much scholarship tends implicitly or explicitly to emphasise the very great power of neoliberal institutions in our world today, an analysis of continuity and change in Vietnam during two decades of extensive engagement with neoliberal actors suggests that the influence of neoliberalism on the working of the Vietnamese state has been relatively small. The paper seeks both to document and explain this through an account which is attentive to both structure and agency and which in turn sheds new light on the nature of power in our world.