IDEAS home Printed from https://ideas.repec.org/a/bla/asiapr/v15y2020i2p305-322.html
   My bibliography  Save this article

Has Nguyen Phu Trong's Leadership Curbed Economic Reform? Economic Reform Trends in Vietnam

Author

Listed:
  • Shozo Sakata

Abstract

This paper argues how the features of Vietnam's political‐administrative system and their recent changes have affected economic reform, particularly reform of state‐owned enterprises. After the 12th Party Congress in 2016, the Party Secretary General Nguyen Phu Trong's administration has seemed to exaggerate its conservative and totalitarian‐looking rule in the political arena. In contrast, the economic reform policies introduced by Trong's administration seem more transformative and progressive. This paper suggests that this contradiction must indicate changes in the policies relating to the state management of economic entities and/or a disguised form of reform to retain state influence over economic management, both of which tend to end up with pervasive rent‐seeking practices.

Suggested Citation

  • Shozo Sakata, 2020. "Has Nguyen Phu Trong's Leadership Curbed Economic Reform? Economic Reform Trends in Vietnam," Asian Economic Policy Review, Japan Center for Economic Research, vol. 15(2), pages 305-322, July.
    • Handle: RePEc:bla:asiapr:v:15:y:2020:i:2:p:305-322
    DOI: 10.1111/aepr.12301
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/aepr.12301
    Download Restriction: no
    File URL: https://libkey.io/10.1111/aepr.12301?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Samuel Ho & Paul Bowles & Xiaoyuan Dong, 2003. "'Letting Go of the Small': An Analysis of the Privatisation of Rural Enterprises in Jiangsu and Shandong," Journal of Development Studies, Taylor & Francis Journals, vol. 39(4), pages 1-26.
    2. Peter Nolan, 2001. "China and the Global Economy," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-59928-4, December.
    3. Anders Aslund, 2007. "Russia's Capitalist Revolution: Why Market Reform Succeeded and Democracy Failed," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 4099, January.
    4. LE Thi Anh Nguyet, 2015. "State-owned Enterprise Reforms in the TPP Negotiation: Is it a win-win for Vietnam?," Discussion papers 15092, Research Institute of Economy, Trade and Industry (RIETI).
    5. Ines Willemyns, 2016. "Disciplines on State-Owned Enterprises in International Economic Law: Are We Moving in the Right Direction?," Journal of International Economic Law, Oxford University Press, vol. 19(3), pages 657-680.
    6. World Bank, 2019. "Doing Business 2019," World Bank Publications - Books, The World Bank Group, number 30438.
    7. Ades, Alberto & Di Tella, Rafael, 1997. "National Champions and Corruption: Some Unpleasant Interventionist Arithmetic," Economic Journal, Royal Economic Society, vol. 107(443), pages 1023-1042, July.
    8. Peter Nolan, 2001. "China and the Global Business Revolution," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-52410-1, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Van Ha, Le, 2024. "Unveiling a novel approach to corruption measurement: Leveraging household survey data on income and expenditure through forensic analysis," Economic Modelling, Elsevier, vol. 136(C).
    2. M. Chatib Basri & Hal Hill, 2020. "The Southeast Asian Economies in the Age of Discontent," Asian Economic Policy Review, Japan Center for Economic Research, vol. 15(2), pages 185-209, July.
    3. Hal Hill & Takatoshi Ito & Kazumasa Iwata & Colin McKenzie & Shujiro Urata, 2020. "Economic Reform in ASEAN: Editors' Overview," Asian Economic Policy Review, Japan Center for Economic Research, vol. 15(2), pages 165-184, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nolan, Peter & Zhang, Jin, 2002. "The Challenge of Globalization for Large Chinese Firms," World Development, Elsevier, vol. 30(12), pages 2089-2107, December.
    2. Günseli Berik & Yana Van Der Meulen Rodgers, 2010. "Options for enforcing labour standards: Lessons from Bangladesh And Cambodia," Journal of International Development, John Wiley & Sons, Ltd., vol. 22(1), pages 56-85.
    3. Daphne W. Yiu & Yuehua Xu & William P. Wan, 2014. "The Deterrence Effects of Vicarious Punishments on Corporate Financial Fraud," Organization Science, INFORMS, vol. 25(5), pages 1549-1571, October.
    4. Regina M. Abrami & Yu Zheng, 2010. "The New Face of Chinese Industrial Policy: Making Sense of Anti-Dumping Cases in the Petrochemical and Steel Industries," Harvard Business School Working Papers 11-042, Harvard Business School.
    5. Daphne W. Yiu & Yuan Lu & Garry D. Bruton & Robert E. Hoskisson, 2007. "Business Groups: An Integrated Model to Focus Future Research," Journal of Management Studies, Wiley Blackwell, vol. 44(8), pages 1551-1579, December.
    6. Marco R. Di Tommaso & Stuart O. Schweitzer, 2013. "Industrial Policy in America," Books, Edward Elgar Publishing, number 13749.
    7. Grace Kite, 2012. "The Impact of Information Technology Outsourcing on Productivity and Output: New Evidence from India," Working Papers 173, Department of Economics, SOAS University of London, UK.
    8. Knoerich, Jan, 2010. "Gaining from the global ambitions of emerging economy enterprises: An analysis of the decision to sell a German firm to a Chinese acquirer," Journal of International Management, Elsevier, vol. 16(2), pages 177-191, June.
    9. Christian Milelli & Françoise Hay, 2008. "Chinese and Indian firms’ entry into Europe: characteristics, impacts and policy implications," Working Papers hal-04140718, HAL.
    10. Jianyong Yue, 2022. "The Limits to China's Peaceful Rise – Deep Integration and a New Cold War," Global Policy, London School of Economics and Political Science, vol. 13(1), pages 91-106, February.
    11. David Ahlstrom & Garry D. Bruton, 2002. "An Institutional Perspective on the Role of Culture in Shaping Strategic Actions by Technology-Focused Entrepreneurial Firms in China," Entrepreneurship Theory and Practice, , vol. 26(4), pages 53-68, July.
    12. Cai, Jing & Tylecote, Andrew, 2008. "Corporate governance and technological dynamism of Chinese firms in mobile telecommunications: A quantitative study," Research Policy, Elsevier, vol. 37(10), pages 1790-1811, December.
    13. Jeffrey W. Henderson, 2008. "China and the Future of the Developing World: The Coming Global-Asian Era and its Consequences," WIDER Working Paper Series RP2008-58, World Institute for Development Economic Research (UNU-WIDER).
    14. Jaya Prakash Pradhan, 2011. "Emerging Multinationals: A Comparison of Chinese and Indian Outward Foreign Direct Investment," Institutions and Economies (formerly known as International Journal of Institutions and Economies), Faculty of Economics and Administration, University of Malaya, vol. 3(1), pages 113-148, April.
    15. Barbieri, Elisa & Huang, Manli & Pi, Shenglei & Pollio, Chiara & Rubini, Lauretta, 2021. "Investigating the linkages between industrial policies and M&A dynamics: Evidence from China," China Economic Review, Elsevier, vol. 69(C).
    16. Francesca Checchinato & Lala Hu & Alessandra Perri & Tiziano Vescovi, 2013. "Internationalization of a Chinese "born glocal" brand: the case of Goodbaby," Working Papers 25, Department of Management, Università Ca' Foscari Venezia.
    17. Grace Kite, 2018. "A conduit for knowledge? demonstrating the strength of technology improvements in Indian firms that buy outsourced information technology," Journal of Evolutionary Economics, Springer, vol. 28(2), pages 225-243, April.
    18. Steinfeld, Edward S., 2004. "China's Shallow Integration: Networked Production and the New Challenges for Late Industrialization," World Development, Elsevier, vol. 32(11), pages 1971-1987, November.
    19. Andrew M. Fischer, 2009. "Putting aid in its place: Insights from early structuralists on aid and balance of payments and lessons for contemporary aid debates," Journal of International Development, John Wiley & Sons, Ltd., vol. 21(6), pages 856-867.
    20. Ha-Joon Chang & Kiryl Zach, 2018. "Industrial development in Asia: Trends in industrialization and industrial policy experiences of developing Asia," WIDER Working Paper Series wp-2018-120, World Institute for Development Economic Research (UNU-WIDER).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:asiapr:v:15:y:2020:i:2:p:305-322. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/jcerrjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.