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Asia’s communist regimes are breaking their intergenerational social contracts

China, Laos and Vietnam have set aside norms on power transfer and kept elders in charge. A few years after embracing a market economy – with Deng Xioping’s reforms in the early 1980s, the Vietnamese Communist Party’s Doi Moi and the Lao People’s Revolutionary Party’s New Economic Policy in 1986 – the three communist party-states set about… Continue reading Asia’s communist regimes are breaking their intergenerational social contracts

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