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Vietnam's accession to the WTO: A roadmap for a rational approach in trade liberalization

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  • Schmidt, Uwe

Abstract

Aspiring to become a member of the World Trade Organization (WTO) the Vietnamese government is confronted with tremendous political, economic and institutional challenges. Issues to be addressed are not only technical questions such as the tariff regime, industrial and agricultural subsidies, market access for foreign service providers, and the protection of intellectual property rights. More far-reaching will be the consequences of the reform and modernization of the legal system, the privatization of state-owned enterprises as well as a new approach towards taxation and the strengthening of fiscal authorities. In order to ensure a result of bilateral and multilateral negotiations which is beneficial for the country's legitimate development interests, numerous economic and political stakeholders on central and provincial level have to be consulted and must cooperate in a well coordinated manner:

Suggested Citation

  • Schmidt, Uwe, 2003. "Vietnam's accession to the WTO: A roadmap for a rational approach in trade liberalization," Duisburg Working Papers on East Asian Economic Studies 66, University Duisburg-Essen, Asia-Pacific Economic Research Institute (FIP).
    • Handle: RePEc:zbw:udefip:66
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    1. Nellis, J., 1999. "Time to Rethink Privatization in Transition Economies?," Papers 38, World Bank - International Finance Corporation.
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    Cited by:

    1. Verikios, George & Hanslow, Kevin, 1999. "Modeling the Effects of Implementing the Uruguay Round: A Comparison using the GTAP Model under Alternative Treatments of International Capital Mobility," Conference papers 330885, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    2. Vanzetti, David, 2006. "Open Wide: Vietnam’s Agricultural Trade Policy," 2006 Conference (50th), February 8-10, 2006, Sydney, Australia 139916, Australian Agricultural and Resource Economics Society.

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