Download or read book Vietnam in the Global Economy written by Thomas Jandl and published by Lexington Books. This book was released on 2013-10-24 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Recent Developments In Vietnamese Business And Finance written by Dong Phong Nguyen and published by World Scientific. This book was released on 2021-02-10 with total page 808 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent Developments in Vietnamese Business and Finance, is the first volume in the series titled Vietnam and the Global Economy. This edited volume is a collection of papers presented at the International Conference on Business and Finance (ICBF) 2019, organized by the Institute of Business Research (IBR), University of Economics Ho Chi Minh City, Vietnam, and focuses on recent issues in business and finance with Vietnam as the main focus of study. The book covers various issues from innovation to gender equality and the banking sector, with analyses on the policies and managerial implications.
Download or read book Vietnam at a Crossroads written by Claire Hollweg and published by World Bank Publications. This book was released on 2017-03-15 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Economic Transition in Vietnam written by Melanie Beresford and published by Edward Elgar Publishing. This book was released on 2000-12-20 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The authors show how development of non-plan trading relations was based on supplies of scarce, aid-subsidised goods which provided the means for local authorities, enterprises and individuals to convert their positions of political and social power into capital. They further highlight the ways in which new, market-oriented trade relations emerged in symbiosis with the planning system and continue to influence the economic structure and institutions today. Economic Transition in Vietnam outlines the many problems currently facing Vietnam, not least how new global forms of integration are affecting future development."--BOOK JACKET.
Download or read book Economic Growth and Employment in Vietnam written by David Lim and published by Routledge. This book was released on 2014-03-21 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Vietnam 2035 written by World Bank Group;Ministry of Planning and Investment of Vietnam and published by World Bank Publications. This book was released on 2016-11-07 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thirty years of Ä?ổi Má»›i (economic renovation) reforms have catapulted Vietnam from the ranks of the world’s poorest countries to one of its great development success stories. Critical ingredients have been visionary leaders, a sense of shared societal purpose, and a focus on the future. Starting in the late 1980s, these elements were successfully fused with the embrace of markets and the global economy. Economic growth since then has been rapid, stable, and inclusive, translating into strong welfare gains for the vast majority of the population. But three decades of success from reforms raises expectations for the future, as aptly captured in the Vietnamese constitution, which sets the goal of “a prosperous people and a strong, democratic, equitable, and civilized country.†? There is a firm aspiration that by 2035, Vietnam will be a modern and industrialized nation moving toward becoming a prosperous, creative, equitable, and democratic society. The Vietnam 2035 report, a joint undertaking of the Government of Vietnam and the World Bank Group, seeks to better comprehend the challenges and opportunities that lie ahead. It shows that the country’s aspirations and the supporting policy and institutional agenda stand on three pillars: balancing economic prosperity with environmental sustainability; promoting equity and social inclusion to develop a harmonious middle- class society; and enhancing the capacity and accountability of the state to establish a rule of law state and a democratic society. Vietnam 2035 further argues that the rapid growth needed to achieve the bold aspirations will be sustained only if it stands on faster productivity growth and reflects the costs of environmental degradation. Productivity growth, in turn, will benefit from measures to enhance the competitiveness of domestic enterprises, scale up the benefits of urban agglomeration, and build national technological and innovative capacity. Maintaining the record on equity and social inclusion will require lifting marginalized groups and delivering services to an aging and urbanizing middle-class society. And to fulfill the country’s aspirations, the institutions of governance will need to become modern, transparent, and fully rooted in the rule of law.
Download or read book The Vietnamese Economy written by CHI DO-PHAM, and published by Routledge. This book was released on 2002-12-05 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive collection of writings from economists of Vietnamese origin. Topics covered include macroeconomics, microeconomics, education, international trade, communication, income distribution and poverty measurement.
Download or read book The Ironies of Freedom written by Thu-huong Nguyen-vo and published by University of Washington Press. This book was released on 2012-03-15 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the late 1980s, Vietnam joined the global economy after decades of war and relative isolation, demonstrating how a former socialist government can adapt to global market forces with their neoliberal emphasis on freedom of choice for entrepreneurs and consumers. The Ironies of Freedom examines an aspect of this new market: commercial sex. Nguyen-vo offers an ambitious analysis of gender and class conflicts surrounding commercial sex as a site of market freedom, governmental intervention, and depictions in popular culture to argue that these practices reveal the paradoxical nature of neoliberalism. What the case of Vietnam highlights is that governing with current neoliberal globalization may and does take paradoxical forms, sustained not by some vestige from times past but by contemporary conditions. Of mutual benefit to both the neoliberal global economy and the ruling party in Vietnam is the use of empirical knowledge and entrepreneurial and consumer's choice differentially among segments of the population to produce different kinds of laborers and consumers for the global market. But also of mutual benefit to both are the police, the prison, and notions of cultural authenticity enabled by a ruling party with well-developed means of coercion from its history. The freedom-unfreedom pair in governance creates a tension in modes of representation conducive to a new genre of sensational social realism in literature and popular films like the 2003 Bar Girls about two women in the sex trade, replete with nudity, booze, drugs, violence, and death. The movie opened in Vietnam with unprecedented box office receipts, blazing a trail for a commercially viable domestic film industry. Combining methods and theories from the social sciences and humanities, Nguyen-vo's analysis relies on fieldwork conducted in Ho Chi Minh City and its vicinity, in-depth interviews with informants, participant observation at selected sites of sexual commerce and governmental intervention, journalistic accounts, and literature and films. This book will appeal to historians and political scientists of Southeast Asia and to scholars of gender and sexuality, cultural studies, postcolonial studies, and political theory dealing with neoliberalism.
Download or read book The Socialist Market Economy in Asia written by Arve Hansen and published by Springer Nature. This book was released on 2020-10-26 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is intended for policy-makers, academics and students of development studies, area studies, political economy, geography and political science. Three of the best global performers in terms of economic growth are authoritarian states led by communist parties. The ‘socialist market economy’ model employed in China, Vietnam and Laos performs better than the economic systems in countries at a similar level of income per capita on a wide range of development indicators, yet market reforms and governance failures have led to highly unequal societies and significant environmental problems. This book presents the first comparative study of development in these three countries. Written by country experts and scholars of development studies, it explores the ongoing quest for market versus state within their model, and the coherence of their development. Chapter 5 is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.
Download or read book Law and Society in Vietnam written by Mark Sidel and published by Cambridge University Press. This book was released on 2008-02-21 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a unique analysis of the struggle to build a rule of law in one of the world's most dynamic and vibrant nations - a socialist state that is seeking to build a market economy while struggling to pursue an ethos of social equality and opportunity. It addresses constitutional change, the assertion of constitutional claims by citizens, the formation of a strong civil society and non-profit sector, the emergence of economic law and the battles over who is benefited by the economic regulation, labor law and the protection of migrant and export labor, the rise of lawyers and public interest law, and other key topics. Alongside other countries, comparisons are made to parallel developments in another transforming socialist state, the People's Republic of China.
Download or read book The Vietnamese Economy and Its Transformation to an Open Market System written by William T. Alpert and published by Routledge. This book was released on 2020-04-03 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Vietnam 2035 written by World Bank and published by . This book was released on 2016-05-16 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thirty years of i M i (economic renovation) reforms have catapulted Vietnam from the ranks of the world s poorest countries to one of its great development success stories. Critical ingredients have been visionary leaders, a sense of shared societal purpose, and a focus on the future. Starting in the late 1980s, these elements were successfully fused with the embrace of markets and the global economy. Economic growth since then has been rapid, stable, and inclusive, translating into strong welfare gains for the vast majority of the population. But three decades of success from reforms raises expectations for the future, as aptly captured in the Vietnamese constitution, which sets the goal of a prosperous people and a strong, democratic, equitable, and civilized country. There is a firm aspiration that by 2035, Vietnam will be a modern and industrialized nation moving toward becoming a prosperous, creative, equitable, and democratic society. The Vietnam 2035 report, a joint undertaking of the Government of Vietnam and the World Bank Group, seeks to better comprehend the challenges and opportunities that lie ahead. It shows that the country s aspirations and the supporting policy and institutional agenda stand on three pillars: balancing economic prosperity with environmental sustainability; promoting equity and social inclusion to develop a harmonious middle- class society; and enhancing the capacity and accountability of the state to establish a rule of law state and a democratic society. Vietnam 2035 further argues that the rapid growth needed to achieve the bold aspirations will be sustained only if it stands on faster productivity growth and reflects the costs of environmental degradation. Productivity growth, in turn, will benefit from measures to enhance the competitiveness of domestic enterprises, scale up the benefits of urban agglomeration, and build national technological and innovative capacity. Maintaining the record on equity and social inclusion will require lifting marginalized groups and delivering services to an aging and urbanizing middle-class society. And to fulfill the country s aspirations, the institutions of governance will need to become modern, transparent, and fully rooted in the rule of law."
Download or read book The Dragon s Underbelly written by Nhu Truong and published by ISEAS-Yusof Ishak Institute. This book was released on 2023-01-13 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows why Vietnam has not become the dragon it is often touted to be. The team of authors include both long-time observers and junior scholars who present cutting-edge research on the latest trends as well as major challenges facing the country’s economy and political system. As Vietnam seeks to escape from poverty and the legacies of mistaken socialist policies, its economy has become fully integrated into the global economy. Yet, without an effective and far-sighted leadership, it is still occupying a low position in the global value chains and becoming increasingly dependent on China. Politically, after three decades of reform, the Vietnamese Communist Party’s grip on power has well adapted to the market economy, but is confronting deep vulnerabilities as observed in its eroding ability to control workers, the media, public universities, and state-owned enterprises. The book also includes a section that applies formal and statistical methods to compare Vietnam with China in two critical areas of political accountability and anti-corruption policy.
Download or read book The Bridge Generation of Vi t Nam written by Dau Thuy Ha and published by . This book was released on 2020-07-14 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bridge Generation of Vietnam: Spanning Wartime to Boomtime is a compilation of profiles and essays relating to three critical time periods in Vietnam's recent history. The focus is on a group of people who grew up during wartime, lived through a devastating period of famine and hunger, and are now leading the country in its economic boom. We divided these experiences into three parts, mirroring the time periods. Part 1, War, includes experiences during the American War, as well as the conflicts with Cambodia and China which lasted into the 1980s. Part 2, Hunger, focuses on the subsidy period, from 1975 until 1986, but continued mostly until the end of the 1980s. Part 3, Launch, spans the time from the official start of Doi Moi, or economic renovation, when the country began to shift toward a market economy, to the present. Although it began officially in 1986, Doi Moi's impact started to take major effect toward the mid 1990s and beyond.
Download or read book Changing Worlds written by David W.P. Elliott and published by Oxford University Press. This book was released on 2012-08-02 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the entire Cold War era, Vietnam served as a grim symbol of the ideological polarity that permeated international politics. But when the Cold War ended in 1989, Vietnam faced the difficult task of adjusting to a new world without the benefactors it had come to rely on. In Changing Worlds, David W. P. Elliott, who has spent the past half century studying modern Vietnam, chronicles the evolution of the Vietnamese state from the end of the Cold War to the present. When the communist regimes of Eastern Europe collapsed, so did Vietnam's model for analyzing and engaging with the outside world. Fearing that committing fully to globalization would lead to the collapse of its own system, the Vietnamese political elite at first resisted extensive engagement with the larger international community. Over the next decade, though, China's rapid economic growth and the success of the Asian "tiger economies," along with a complex realignment of regional and global international relations reshaped Vietnamese leaders' views. In 1995 Vietnam joined the Association of Southeast Asian Nations (ASEAN), its former adversary, and completed the normalization of relations with the United States. By 2000, Vietnam had "taken the plunge" and opted for greater participation in the global economic system. Vietnam finally joined the World Trade Organization in 2006. Elliott contends that Vietnam's political elite ultimately concluded that if the conservatives who opposed opening up to the outside world had triumphed, Vietnam would have been condemned to a permanent state of underdevelopment. Partial reform starting in the mid-1980s produced some success, but eventually the reformers' argument that Vietnam's economic potential could not be fully exploited in a highly competitive world unless it opted for deep integration into the rapidly globalizing world economy prevailed. Remarkably, deep integration occurred without Vietnam losing its unique political identity. It remains an authoritarian state, but offers far more breathing space to its citizens than in the pre-reform era. Far from being absorbed into a Western-inspired development model, globalization has reinforced Vietnam's distinctive identity rather than eradicating it. The market economy led to a revival of localism and familism which has challenged the capacity of the state to impose its preferences and maintain the wartime narrative of monolithic unity. Although it would be premature to talk of a genuine civil society, today's Vietnam is an increasingly pluralistic community. Drawing from a vast body of Vietnamese language sources, Changing Worlds is the definitive account of how this highly vulnerable Communist state remade itself amidst the challenges of the post-Cold War era.
Download or read book Economic Growth Poverty and Household Welfare in Vietnam written by Paul Glewwe and published by World Bank Publications. This book was released on 2004-01-01 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the adoption of new market-oriented policies, Vietnam has transformed itself from one of the world's poorest countries during the 1980s, into an economy with one of the highest growth rates during the 1990s. Using macroeconomic and household survey data, this publication examines a range of issues including: the causes of Vietnam's economic growth and future prospects; the impact on household welfare and poverty levels, school enrolment, child health and other socioeconomic outcomes; and the nature of poverty in Vietnam and the effectiveness of government policies for poverty reduction, drawing lessons for Vietnam and for other low-income developing countries.
Download or read book Market Reform in Vietnam written by Jennie Ilene Litvack and published by Praeger. This book was released on 1999-05-30 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the institutions that must be created or strengthened to hasten Vietnam's transition to a market-oriented economy.
