The Integration Of Vietnam In The Global Economy And Its Effects For Vietnamese Economic Development
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Development in Vietnam
| Author | : Vu Tuan Anh |
| Publisher | : Institute of Southeast Asian Studies |
| Total Pages | : 77 |
| Release | : 1994 |
| Genre | : Business & Economics |
| ISBN | : 9813016833 |
Vietnam's economy has been fundamentally changed by the policy reforms implemented in the 1980s to provide an environment that is more conducive for economic growth and social stabilization. The policy reforms have had a tremendous impact on economic activities and on all aspects of social life. The economy is presently moving from a centrally planned system largely based on public ownership to a market-oriented and mixed economy. Social structures and values have changed, and legal, institutional, and administrative systems are gradually changing as well. The reform process gives rise to exciting challenges and opportunities for development. Based largely on Vietnamese sources of data and information, this book presents an analysis of the main features of economic policy reforms in Vietnam, their socioeconomic impact, and several major theoretical and practical problems Vietnam faces on its path to development.
Vietnam in the Global Economy
| Author | : Thomas Jandl |
| Publisher | : Lexington Books |
| Total Pages | : 316 |
| Release | : 2013-10-24 |
| Genre | : Political Science |
| ISBN | : 0739177877 |
This book is, in essence, about incentives: the incentives for competing societal interest groups to cooperate with each other to benefit from a growing economic pie, rather than fighting over a bigger share of a smaller one. This is the conundrum of economic development. If elite interest groups have both incentive and ability to allocate resources toward themselves, and if such rent seeking causes a decline in economic inefficiency, how can economies ever grow? The book illuminates the mechanisms by which in one of the world’s recent economic success stories— Vietnam’s rapid industrialization and passage into the middle-income category—the interest in cooperating to grow the economy overrode the elites’ instinct to allocate resources through the use of political power. The book shows how the need to provide positive conditions for international investment altered pay-off structures and pushed the all-powerful Communist Party of Vietnam to engage in bargaining with provincial officials; provincial officials with international investors; and finally all coercive elites even with the working classes. It describes the emergence of a harmony of interest among societal groups in which each group benefits from a growing economy, and no one group can monopolize the benefits of growth without hurting itself. The Vietnam case validates Nobel-Prize winning economist Mancur Olson’s proposition that elite predation can only be kept in check when the elite itself suffers from the economic decline it causes at least as much as it gains from the rents it collects.
The Vietnamese Economy
| Author | : CHI DO-PHAM |
| Publisher | : Routledge |
| Total Pages | : 527 |
| Release | : 2002-12-05 |
| Genre | : Business & Economics |
| ISBN | : 1134435363 |
This book, written by economists of Vietnamese origin, is an extremely comprehensive collection on economic issues facing Vietnam. The spectrum of topics covered includes macroeconomics, microeconomics, international trade, agriculture, education, communication, institutional reforms, income distribution and poverty measurement.Themes include:* the
The Vietnamese Economy and Its Transformation to an Open Market System
| Author | : William T. Alpert |
| Publisher | : Routledge |
| Total Pages | : 232 |
| Release | : 2020-04-03 |
| Genre | : Business & Economics |
| ISBN | : 1317453972 |
These previously unpublished papers by leading American and Vietnamese economists analyze the dramatic transformation of Vietnam's economy during the 1990s and its prospects for the future. The three main sections of the book discuss Vietnam's turbulent history, recent economic reforms, and the country's emerging role in the world economy and geopolitics. The contributors examine a myriad of issues, including specific reforms in agriculture, banking, and tax policy, as well as the attempts to create a business-oriented legal infrastructure, the development of foreign trade and a viable balance of payments, and U.S. policy reactions to Vietnam's rapid development in the last decade.
Vietnam at a Crossroads
| Author | : Claire Hollweg |
| Publisher | : World Bank Publications |
| Total Pages | : 260 |
| Release | : 2017-03-15 |
| Genre | : Business & Economics |
| ISBN | : 1464809828 |
Vietnam is at a crossroads. It can grow as an export platform for GVCs, specializing in low value-added assembly functions with industrialization occurring in enclaves with little connection to the broader economy or society; or it can leverage the current wave of growth, enabled and accelerated by its successful participation in GVCs, to diversify and move up the chain into higher value-added functions. Success will require Vietnam’s policymakers to view the processes of development differently, and to take new realities of the global economy more fully into account. The purpose of this volume is to support Vietnam’s path to economic prosperity by identifying policies and targeted interventions that will drive development through leveraging GVC participation that take major shifts in trade policy and rapid technological advances in ICT into account. The volume is based on a compilation of studies completed by World Bank staff and external consultants in 2015 supporting the “Enabling Economic Modernization and Private Sector Development†? chapter of the Vietnam 2035 report. The objective of these studies was to diagnose Vietnam’s current participation in GVCs, visualize where Vietnam could be by 2035 in the context of a changing global environment, and identify the policy actions needed to get there. The studies also supported topics related more broadly to export competitiveness, including firm-level productivity, services, and connectivity. It then identifies targeted strategies and policy interventions that will help overcome challenges, minimize risks, and maximize opportunities. Readers will gain a strong understanding of Vietnam’s current and potential engagement with GVCs—and will learn about strategic GVC policy tools that can help developing countries achieve economic prosperity in the context of compressed development.
International Trade, Economic Development, and the Vietnamese Economy
| Author | : Cuong Le Van |
| Publisher | : Springer Nature |
| Total Pages | : 238 |
| Release | : 2022-05-03 |
| Genre | : Business & Economics |
| ISBN | : 9811905150 |
This volume spotlights some of the most important economic issues confronting today's emerging developing countries. The topics studied in the book include the importance of productivity to economic growth, international trade and its relationship to productivity; immigration and brain drain; pollution havens, climate change, and the carbon tax; the effectiveness of foreign aid, the efficiency of education, and governance. Written by some of the most respected scholars in their respective fields, the individual chapters apply both economic theory and the most current empirical tools in rigorous but accessible exposition. Researchers can find value in the modeling and empirical techniques that can be applied to other countries and datasets. Policy makers can benefit from the intellectual foundation on which decisions on important issues can be based; and students of international trade, economic development, and environmental economics can gain knowledge of different country settings that give context to their fields of study.
Economic Growth and Employment in Vietnam
| Author | : David Lim |
| Publisher | : Routledge |
| Total Pages | : 215 |
| Release | : 2014-03-21 |
| Genre | : Social Science |
| ISBN | : 1317818598 |
Vietnam has enjoyed significant economic success since the implementation of its "doi moi" reforms, including rapid growth in GDP, exports and foreign and domestic investment, and a shedding of poorly-performing state-owned enterprises. Despite this, however, the economic situation for many ordinary people in Vietnam is fragile, with income only just above the poverty line, and high unemployment, especially among the young. In addition, inflation is high, and the state-owned sector is still large, much of it still performing badly. This book provides a comprehensive overview of the current economic situation in Vietnam. It outlines the state of the economy, paying special attention to employment, discusses government policies including on trade and integration with the global economy, and concludes by assessing the key challenges facing Vietnam’s economy going forward.
National Unification and Economic Development in Vietnam
| Author | : Melanie Beresford |
| Publisher | : Springer |
| Total Pages | : 313 |
| Release | : 1989-12-01 |
| Genre | : History |
| ISBN | : 1349204110 |
This study explains the economic upheavals experienced by Vietnam since the end of the War in terms of historical developments, especially the legacy of separation of North and South from 1954 to the 1975 Communist victory and traces aspects of the divided economies which have been of significance.
From Plan To Market
| Author | : Adam Fforde |
| Publisher | : Routledge |
| Total Pages | : 305 |
| Release | : 2019-03-13 |
| Genre | : Business & Economics |
| ISBN | : 0429710941 |
This clear and accessible text explores Vietnam's successful transition from neo-Stalinist central planning to a market economy—\"Vietnamese style.\" After describing the north Vietnamese system prior to 1975 and its colonial and precolonial antecedents, the authors uncover the mechanisms of that changeover. They contend that the Vietnamese transition was largely bottom-up in character and that it evolved over a long enough period for the country's political economy to adjust. This explains in part the rapid shift to a high-growth, externally oriented development path in the early 1990s, despite the loss of Soviet aid and the lack of significant Western substitutes until 1992-1993. Based upon extensive incountry experience, a wealth of primary materials, and wide comparative knowledge of development issues, the book challenges many preconceived notions, both about Vietnam and about the general nature of transition processes.
