Trade Reform In Vietnam

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Trade Reform in Vietnam

Author : Philippe Auffret
Publisher : World Bank Publications
Page : 24 pages
File Size : 54,6 Mb
Release : 2003
Category : Vietnam
ISBN : 8210379456XXX

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Trade Reform in Vietnam by Philippe Auffret Pdf

In 1986 Vietnam initiated a transition from a centrally planned economy to a market-oriented economy where the government would keep playing a leading role. These renovation (doi moi) policies were successful at generating economic growth and reducing poverty. In the ten-year socioeconomic strategy endorsed by the Ninth Party Congress in April 2001, the authorities further articulated their development objectives in terms of economic growth and poverty reduction. To reach these objectives, the government indicated that its structural reform priorities were to change Vietnam's trade and financial policies, liberalize the climate for private investment, increase the efficiency of public enterprises, and improve governance. The author argues that the pace of implementation of trade reform-which has been impressive so far-is raising new challenges. On one side, fast liberalization of trade reform may soon conflict with the slow pace of implementation of other reforms, including restructuring of state-owned enterprises and state-owned commercial banks. On the other side, Vietnam would greatly benefit from fast implementation of trade reform and particularly fast accession to the World Trade Organization (WTO), especially after China's recent WTO accession. Auffret concludes that implementation of trade reform will be a testing ground to reveal the extent of Vietnam's commitment to a market-oriented economy.

Trade Reform in Vietnam

Author : Philippe Auffret
Publisher : Unknown
Page : 19 pages
File Size : 49,5 Mb
Release : 2016
Category : Electronic
ISBN : OCLC:1290704386

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Trade Reform in Vietnam by Philippe Auffret Pdf

In 1986 Vietnam initiated a transition from a centrally planned economy to a market-oriented economy where the government would keep playing a leading role. These renovation (doi moi) policies were successful at generating economic growth and reducing poverty. In the ten-year socioeconomic strategy endorsed by the Ninth Party Congress in April 2001, the authorities further articulated their development objectives in terms of economic growth and poverty reduction. To reach these objectives, the government indicated that its structural reform priorities were to change Vietnam's trade and financial policies, liberalize the climate for private investment, increase the efficiency of public enterprises, and improve governance.Auffret argues that the pace of implementation of trade reform - which has been impressive so far - is raising new challenges. On one side, fast liberalization of trade reform may soon conflict with the slow pace of implementation of other reforms, including restructuring of state-owned enterprises and state-owned commercial banks. On the other side, Vietnam would greatly benefit from fast implementation of trade reform and particularly fast accession to the World Trade Organization (WTO), especially after China's recent WTO accession. Auffret concludes that implementation of trade reform will be a testing ground to reveal the extent of Vietnam's commitment to a market-oriented economy.This paper - a product of Poverty Reduction and Economic Management Sector Unit, East Asia and Pacific Region - was written as a background paper on trade for the 2002 Vietnam Development Report.

Development in Vietnam

Author : Vu Tuan Anh
Publisher : Institute of Southeast Asian Studies
Page : 77 pages
File Size : 40,5 Mb
Release : 1994
Category : Business & Economics
ISBN : 9789813016835

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Development in Vietnam by Vu Tuan Anh Pdf

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.

Trade Liberalisation and Poverty

Author : Minh Son Le,Tarlok Singh,Duc-Tho Nguyen
Publisher : Routledge
Page : 292 pages
File Size : 42,9 Mb
Release : 2015-08-11
Category : Business & Economics
ISBN : 9781317501527

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Trade Liberalisation and Poverty by Minh Son Le,Tarlok Singh,Duc-Tho Nguyen Pdf

This book uses Alan Winters’ analytical framework to investigate the effects of trade liberalisation on economic growth and poverty in Vietnam. The country launched a programme of economic and trade reforms, known as Doi Moi, in the mid-1980s which placed the economy on a transitional path from central planning to a market economy. Since then Vietnam has attained a number of remarkable achievements in terms of economic growth and poverty reduction. Although some formidable problems (such as inequality and inflation) remain, it is apparent that trade liberalisation has been associated with a big reduction in poverty. The analysis in the book focuses on the microeconomic (household) level, and there is an emphasis on tracing the effects of trade liberalisation through the four separate channels identified by Winters. Such in-depth and micro-level analyses yield new insights that support important policy lessons and recommendations for Vietnam in particular and, more generally, for similar developing countries.

Trade Reforms and Welfare

Author : Aylin Isik-Dikmelik
Publisher : World Bank Publications
Page : 50 pages
File Size : 54,5 Mb
Release : 2006
Category : Agricultural Production
ISBN : 8210379456XXX

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Trade Reforms and Welfare by Aylin Isik-Dikmelik Pdf

This paper analyzes the impact of trade reforms on household welfare. In particular, it studies the importance of each of the links that together constitute the impact using data from the Vietnamese experience in the 1990s. The implementation of trade reforms in the 1990s, most noteworthy of which was the liberalization of rice, resulted in substantial improvement in welfare as evidenced by the drastic decline in poverty. Using analytical and empirical methods, the author examines the role of each channel (direct versus indirect) in this improvement for different groups of households. Results indicate that the growth has been broad based and pro-poor. Poorer households experienced more growth for each and every group analyzed. And contrary to the standard literature, net buyer households had more growth compared with net sellers, emphasizing the importance of indirect links. Decomposition of the growth shows that for rural households, both the direct effect and the multiplier effect drive growth while the multiplier effect was key in urban areas. The importance of the secondary effects underscores the need for a broader model to estimate the impact of trade reforms fully.

Vietnam’s Reforms and Economic Growth

Author : C. Harvie,T. Van Hoa,Tran Van Hoa
Publisher : Springer
Page : 232 pages
File Size : 55,7 Mb
Release : 1997-09-30
Category : Business & Economics
ISBN : 9780230389472

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Vietnam’s Reforms and Economic Growth by C. Harvie,T. Van Hoa,Tran Van Hoa Pdf

Vietnam's bold economic reforms initiated under the title of Doi Moi in 1986 have produced spectacular economic outcomes which have fascinated economists, business people, commerce students, political scientists and government advisors alike worldwide. This book surveys important aspects of these developments, analyses the main contributing factors, provides useful references on developing and transitional economies, and details soundly researched prospects in trade, investment and business in this new rapidly developing market economy in East Asia.

Vietnam's Accession to the World Trade Organization

Author : Wenguo Cai,Michael Hart,Centre for Trade Policy and Law
Publisher : Unknown
Page : 38 pages
File Size : 49,5 Mb
Release : 1996
Category : Vietnam
ISBN : UCSD:31822023757404

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Vietnam's Accession to the World Trade Organization by Wenguo Cai,Michael Hart,Centre for Trade Policy and Law Pdf

Economic Reform in Vietnam

Author : Keith Griffin
Publisher : Springer
Page : 217 pages
File Size : 46,7 Mb
Release : 2016-01-20
Category : Business & Economics
ISBN : 9780333995211

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Economic Reform in Vietnam by Keith Griffin Pdf

Vietnam, along with China, stands out as a rare success story among transition economics. This authoritative study of the reform process since 1989 pays particular attention to the way the macroeconomics framework can contribute to an environment that encourages human development and helps to reduce poverty. Thus there are chapters on macroeconomics reforms, international trade policies, the role of the state, rural development, education and health, environmental issues and poverty and gender inequality. Although areas of weakness are indicated, emphasis is placed on the success Vietnam has experienced compared to other transition economies. The lessons of both the successes and failures of the reform process for policymakers elsewhere are outlined.

Managing the Transition to Free Trade

Author : Ari Kokko
Publisher : Unknown
Page : 126 pages
File Size : 47,5 Mb
Release : 1997
Category : Commercial policy
ISBN : UOM:39015097768645

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Managing the Transition to Free Trade by Ari Kokko Pdf

The Vietnamese Economy and Its Transformation to an Open Market System

Author : William T. Alpert
Publisher : Routledge
Page : 232 pages
File Size : 48,5 Mb
Release : 2020-04-03
Category : Business & Economics
ISBN : 9781317453970

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The Vietnamese Economy and Its Transformation to an Open Market System by William T. Alpert Pdf

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.

Socioeconomic Renovation in Viet Nam

Author : International Development Research Centre (Canada),Institute of Southeast Asian Studies
Publisher : IDRC
Page : 192 pages
File Size : 40,7 Mb
Release : 2000
Category : Electronic books
ISBN : 9780889369047

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Socioeconomic Renovation in Viet Nam by International Development Research Centre (Canada),Institute of Southeast Asian Studies Pdf

Socioeconomic Renovation in Viet Nam: The origin, evolution and impact of Doi Moi

Vietnam's Transforming Economy & WTO Accession

Author : Kym Anderson
Publisher : Institute of Southeast Asian
Page : 150 pages
File Size : 43,6 Mb
Release : 1999
Category : Political Science
ISBN : 9789812300492

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Vietnam's Transforming Economy & WTO Accession by Kym Anderson Pdf

The unilateral and regional ASEAN and now APEC) trade and investment liberalizations pursued by Vietnam during recent years have begun transforming the economy. The next logical step is to join the World Trade Organization, an application for which was submitted in 1995. The WTO legal bindings will give traders and investors increased confidence in the reform programme. This book outlines what the WTO accession process involves, what policies Vietnam will have to change, and what the economic effects will be, particularly on rural development.