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2021 | Buch

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The Political Economy of Vietnam’s Industrial Transformation

verfasst von: John Walsh, Dr. Burkhard Schrage, Trung Quang Nguyen

Verlag: Springer Singapore

Buchreihe : SpringerBriefs in Political Science

Enthalten in: Springer Professional "Wirtschaft+Technik" , Springer Professional "Wirtschaft"

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Über dieses Buch

This book presents an overview of political economic change in Vietnam during a period of significant social and economic change and an era of international turbulence. It combines various political economic perspectives to offer an integrated and comprehensive review of Vietnam’s recent development, discussing topics such as public administrative reform, labour markets and special economic zones, environmental management and other important contemporary issues. This concise and highly readable book includes a considerable amount of research, and as such provides valuable insights for scholars and researchers interested in political economic change and in Vietnam.

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Inhaltsverzeichnis

Frontmatter

Chapter 1. Introduction

Abstract

Vietnam is undergoing a process of rapid societal and economic transformation as it is moving from a centralized to an increasingly market-based economic model. It is doing so at a very late stage of development when other countries have shown possible ways of progress but have secured first mover advantages in doing so and at a time of global climate change and insecurity. This chapter outlines the structure of the book which examines these issues.

John Walsh, Burkhard Schrage, Trung Quang Nguyen

Chapter 2. Opening of the Vietnamese Economy: Achievements and Challenges

Abstract

The central planning economic model led to serious problems in Vietnam and the Đổi Mới policy has indeed brought radical changes for the country. In this chapter, we discuss the background of the transition. Thanks to Đổi Mới, there have been significant achievements in Vietnam over the past three decades. However, traditional and emerging challenges facing the nation could prevent Vietnam from accomplishing future success. Three achievements and six challenges are discussed in detail.

John Walsh, Burkhard Schrage, Trung Quang Nguyen

Chapter 3. Public Administration Reform: Efforts and Reality

Abstract

Effective public administration is considered an important driving force in the social-economic development of nations. Constant changes in the demand and expectations of citizens, competitiveness of business environment and advanced technology force governments around the world to stay focused on their reform agenda. In this chapter, the efforts and reality of Vietnam’s public administration reform (PAR) for the past two decades will be discussed. The transition from a command economy to a more market-based economy has necessitated a new model of public administration.

John Walsh, Burkhard Schrage, Trung Quang Nguyen

Chapter 4. From State to Market: Evolving Ownership and Corporate Governance in Vietnam

Abstract

One of the central issues in analysing political economic change requires understanding the ownership model of the productive sector in economy. Consequently, this chapter provides insights about the development of ownership types (public vs. private) and corporate governance rules in Vietnam. In addition, it provides an analysis of the current challenges for regulators and firms in strengthening governance mechanisms in order to deepen capital markets, encourage private ownership and facilitate foreign investment.

John Walsh, Burkhard Schrage, Trung Quang Nguyen

Chapter 5. Labour and Special Economic Zones

Abstract

Although the concept of setting aside specific pieces of land to be administered under different forms of low has been pursued for various reasons throughout history, the popularity of the special economic zone (SEZ) really took off when the Chinese government demonstrated that it was possible to use them as a means of raising hundreds of millions of people out of poverty without making any concessions to political plurality. This chapter explores the ways in which Vietnam has sought to follow a similar path and the difficulties that have been encountered in trying to do so.

John Walsh, Burkhard Schrage, Trung Quang Nguyen

Chapter 6. Vietnamese Political Economy in an East Asian and International Perspective

Abstract

This chapter reviews facets of the recent socio-economic history of Vietnam in an international context. The country has shown a remarkable transition from a low- to middle-income country. Vietnam has set ambitious economic and social development objectives, to continue these achievements. Trade has been a key ingredient in attaining government targets in past. the future trajectory remains uncertain. Important challenges to continue this growth arise from persistent low labour productivity, an aging society and endemic corruption.

John Walsh, Burkhard Schrage, Trung Quang Nguyen

Chapter 7. Environmental Impact

Abstract

Vietnam’s process of industrial transformation is taking place at a time of evident global climate change and environmental degradation. This chapter examines the physical environment in the country as it has been changed and is likely to change as the result of transformation while also considering the impact of climate change on the process of transformation.

John Walsh, Burkhard Schrage, Trung Quang Nguyen

Chapter 8. Conclusion

Abstract

Vietnam is at a crossroads. By the end of 2019, some 33 years into the structural reform process of transitioning towards a market-driven economy, policy choices need to be made to maintain the momentum gathered during the past decade. This chapter examines the institutional contingencies, the economic realities and the socio-cultural constraints of the choices involved in sustaining development and continuing the economic integration into the world economy.

John Walsh, Burkhard Schrage, Trung Quang Nguyen

Titel: The Political Economy of Vietnam’s Industrial Transformation
verfasst von: John Walsh
Dr. Burkhard Schrage
Trung Quang Nguyen
Copyright-Jahr: 2021
Verlag: Springer Singapore
Electronic ISBN: 978-981-16-0151-4
Print ISBN: 978-981-16-0150-7
DOI: https://doi.org/10.1007/978-981-16-0151-4

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