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Institutional Reforms In State Owned Enterprises In Vietnam
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Book Synopsis Institutional Reforms in State-owned Enterprises in Vietnam by : Ahn Tuan Khuat
Download or read book Institutional Reforms in State-owned Enterprises in Vietnam written by Ahn Tuan Khuat and published by . This book was released on 2014 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis State-owned Enterprise Reform in Vietnam by : C. Y. Ng
Download or read book State-owned Enterprise Reform in Vietnam written by C. Y. Ng and published by Institute of Southeast Asian Studies. This book was released on 1996 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study is a collaborative effort between officials and researchers from the transitional economy of Vietnam and researchers from the market economies of Japan and ASEAN.The first section covers aspects of the reform process undertaken in Vietnam as perceived by Vietnamese officials and scholars, and includes rare data and statistics. Section two deals with relevant aspects of the process of deregulation, liberalization and privatization experienced in Japan and the ASEAN countries. The final section provides recommendations for consideration by Vietnam’s economic reform planners. Vietnam became a member of ASEAN on 1 July 1995. This study can possibly contribute to Vietnam’s integration into the ASEAN economies.
Book Synopsis Institutions in Transition by : Lisa Román
Download or read book Institutions in Transition written by Lisa Román and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: "If you want to become a doctor, practice in a war; if you want to become an economist, practice in Vietnam". 1 Phan Van Tiem Vietnam is one of many countries presently undergoing fundamental institutional change: the market mechanism is replacing central planning. So far, the achievements are impressive. In the mid-1980s, the country failed to feed its population, suffered from hyperinflation and faced general economic stagnation. In the early 1990s, the annual economic growth rate had accelerated to some eight to nine percent, the inflation rate had fallen to two-digit levels - sometimes even lower - and the country had become one of the world's largest rice exporters. Add some more details - the increased foreign trade, the inflow of foreign investments, the diversification of agriculture, and ~e various reform measures taken to alter the basic economic structure - and the success story of the Vietnamese transition is told. The country has hence followed the same path as its northern neighbor China, and provided a counterexample to much more cumbersome processes that have been adopted in a number of other transforming countries, notably those of the former USSR. This transition is by no means over. Indeed, it is misleading to think of transition as a process that departs from a well-defined pre-condition and moves towards an equally well defined end-point.
Book Synopsis Environmental Governance in Vietnam by : Stephan Ortmann
Download or read book Environmental Governance in Vietnam written by Stephan Ortmann and published by Springer. This book was released on 2017-01-30 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with institutional reforms in response to a mounting environmental crisis in Vietnam. The author introduces the reader to the most important environmental problems that Vietnam is currently facing and shows how the emphasis on economic growth has come at the expense of the natural environment. Following an assessment of the still deteriorating environmental situation, the book develops a theoretical framework of institutional change within the political system seeking to overcome the traditionally static understanding of institutions. The empirical analysis devotes attention to the main aspects on Vietnam’s environmental governance including the government, society, businesses and international organizations. The book is based on four years of empirical research including interviews with government officials and representatives of international and national non-governmental organizations, observations of meetings, official documents, and numerous Vietnamese newspaper reports. This book is directed both at academics, students, as well as development practitioners and activists. It seeks to engage those working in the fields of environmental politics, governance, and institutional change in one-party states.
Book Synopsis Institution-Management Approach to State Owned Enterprise Reforms by : Lien Thi Pham
Download or read book Institution-Management Approach to State Owned Enterprise Reforms written by Lien Thi Pham and published by . This book was released on 2008 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper considers the debate regarding ownership, competition and alternative approaches to SOE reforms. While the conventional approach has been, supported by empirical work, that privatization is only the most extreme of series proposals for the reforms, empirical evidence in Vietnam is an example to the contrary when it has advocated to reforms in market institutions and management rather than a radical ownership change. We argue that market-supporting institutions matter to a higher productive and profitable performance of the state enterprises. Enforcement to enhance ownership management has a positive contribution to productive performance of SOEs. Along with the focal relationship, we control the impact of market competition, local initial conditions, firm size and discuss some implementations of the analysis.
Book Synopsis Development in Vietnam by : Vu Tuan Anh
Download or read book Development in Vietnam written by Vu Tuan Anh and published by Institute of Southeast Asian Studies. This book was released on 1994 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Restructuring of the SOE Sector in Vietnam by : Konstantin M. Wacker
Download or read book Restructuring of the SOE Sector in Vietnam written by Konstantin M. Wacker and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews Vietnam's recent experience with reforming the state-owned enterprise (SOE) sector. It therefore sets the stage by overviewing key developments since Đổi Mới and highlighting some stylized facts about the SOE sector before quantitatively assessing the legal and institutional reforms and equitisations that have taken place over the last years. While there is little compelling evidence that the state of the SOE sector is as dismal as some analysts suggest, the paper highlights an increasing implementation lag of legal reform progress, possibly reflecting fault lines in the political economy. I argue that SOEs can and should play a vital role in Vietnam's development strategy going forward but that a more precise vision for the sector, based on a more elaborate assessment of market failures and externalities in different parts of the economy, is needed.
Book Synopsis Reforms, Opportunities, and Challenges for State-Owned Enterprises by : Edimon Ginting
Download or read book Reforms, Opportunities, and Challenges for State-Owned Enterprises written by Edimon Ginting and published by Asian Development Bank. This book was released on 2020-07-01 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: State-owned enterprises (SOEs) play significant roles in developing economies in Asia and SOE performance remains crucial for economy-wide productivity and growth. This book looks at SOEs in Azerbaijan, Indonesia, Kazakhstan, the People's Republic of China, and Viet Nam, which together present a panoramic view of SOEs in the region. It also presents insights from the Republic of Korea on the evolving role of the public sector in various stages of development. It explores corporate governance challenges and how governments could reform SOEs to make them efficient drivers of the long-term productivity-induced growth essential to Asia's transition to high-income status.
Download or read book Taking Stock written by and published by . This book was released on 2001 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Productivity, Efficiency and Institutions by : Thi Bich Tran
Download or read book Productivity, Efficiency and Institutions written by Thi Bich Tran and published by . This book was released on 2008 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: The domestic non-state sector is a potential core component of the economy of Vietnam. Many institutional changes have been made by the Vietnamese government during the transition to a mrket economy to support the development of the non-state sector. The thesis provides an in-depth investigation into the effects of privatisation on the new domestic non-state manufacturing sector's performance in Vietnam in a series of three core essays. The first essay (Chapter 3) examines the technical efficiency level of non-state small and medium manufacturing firms by using the stochastic frontier approach and data for small and medium enterprises in 1991, 1996, and 2001, from the Ministry of Labour, Invalids and Social Affairs of Vietnam. Both cross-section and panel models are estimated, showing a high level of technical efficiency of non-state small and medium manufacturing firms and an improvement in their technical efficiency level over the period studied. The results indicate that a greater use of family labour and a metropolitan location are associated with an improvement in technical efficiency, while direct government financial and non-financial assistance to businesses has few benefits. The performance of the non-state small and medium manufacturing firms is further investigated in the second essay (Chapter 4). In this essay, a new method called 'the error index decomposition method' is developed to analyse the contribution of productivity, firm size, and the prices of outputs and intermediate inputs to a firm's value-added. The method introduces an error term into the decomposition equation to capture measurement biases and white noise that are generated by using the industry deflator instead of the observed price to resolve the dimensionality problem. Empirical application of the method using the data set of non-state small and medium manufacturing firms in 1996 and 2001 indicates that total factor productivity is the most important factor contributing to a firm's value-added. The findings, again, reveal the ineffectiveness of the government assistance program. The third essay (Chapter 5) examines the impacts of institutional reforms with a particular focus on the second phase of the economic reforms in Vietnam since 2000 on non-state firms' economic performance. The results indicate that the improvement of government practices and institutional performance including information provision, land tenure security and labour training assistance is positively associated with non-state firm performance. By contrast, the presence of a weak judiciary system and administrative reforms impede growth of the non-state sector. The findings from the thesis imply that if the lack of a skilled labour force and capital shortages are addressed, administrative obstacles are overcome, and market information provision and the judiciary system are strengthened to promote cooperation among firms, the non-state sector in Vietnam will continue to improve overall economic performance.
Download or read book Economic Reform in Vietnam written by and published by . This book was released on 1994 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Socialist Market Economy in Asia by : Arve Hansen
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.
Book Synopsis Reforming State-Owned Enterprises in Asia by : Farhad Taghizadeh-Hesary
Download or read book Reforming State-Owned Enterprises in Asia written by Farhad Taghizadeh-Hesary and published by Springer Nature. This book was released on 2021-02-23 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes state-owned enterprises (SOEs), which are still significant players in many Asian economies. They provide essential public services, build and operate key infrastructure, and are often reservoirs of public employment. Their characteristics and inherent competitive advantages as publicly owned enterprises allow them to play these critical roles. Their weaknesses in governance and inefficiencies in incentive structures, however, also often lead to poor performance. SOEs must be efficient, transparent, and accountable to level the playing field for private companies, secure the growth of a vibrant private sector, and achieve sustained and inclusive economic growth. This book analyzes the reform of SOEs in Asia, the results of which are mixed. The volume concludes that some key conditions generally need to be met for SOE reforms to be successful: national bureaucracies must have the capacity to implement the reforms, and adverse impacts on international trade and investment must be avoided.
Book Synopsis Reform of State-owned Enterprises in Viet Nam to Increase Performance and Profit by : Kunmin Kim
Download or read book Reform of State-owned Enterprises in Viet Nam to Increase Performance and Profit written by Kunmin Kim and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In Viet Nam, the reform of state-owned enterprises (SOEs) in recent years has become an essential mission to improve their performance in the context of international economic integration. It also represents the commitment of the Vietnamese Government to renovating economic institutions as well as constructing a market-oriented economy. This article aims to examine the reform of SOEs in Viet Nam. It finds that the net revenue positively affects the profit before taxes of SOEs, while sales expenses exert a negative impact on the profit before taxes. The article recommends policies to the government and SOEs to enhance performance and foster the achievement of the reform, including the enhancement of the roles of the state in SOEs, the transparency procedure of the reform, the improvement of the government's control and inspection in the equitization and divestment of SOEs, the selection of appropriate methods for equitization and divestment, the exact assessment of SOEs' value, and the consideration of the particular characteristics of different sectors.
Book Synopsis SME Policy Index: ASEAN 2018 Boosting Competitiveness and Inclusive Growth by : OECD
Download or read book SME Policy Index: ASEAN 2018 Boosting Competitiveness and Inclusive Growth written by OECD and published by OECD Publishing. This book was released on 2018-09-01 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: The SME Policy Index is a benchmarking tool for emerging economies to monitor and evaluate progress in policies that support small and medium-sized enterprises.
Author :International Monetary Fund. Asia and Pacific Dept Publisher :International Monetary Fund ISBN 13 :1498326803 Total Pages :94 pages Book Rating :4.4/5 (983 download)
Book Synopsis Vietnam by : International Monetary Fund. Asia and Pacific Dept
Download or read book Vietnam written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2019-07-16 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2019 Article IV Consultation with Vietnam highlights that gradual fiscal consolidation, strict limits on government guarantees and robust growth in recent years have led to declining government debt, expected to continue under current policies. But while there is some fiscal space, fiscal needs are large, for infrastructure, social spending and to deal with population aging. The tightening of credit growth continued in 2018; however, liquidity remained ample, aided by the strong balance of payments and tight fiscal policies. The State Bank of Vietnam has initiated plans to modernize its monetary framework with IMF technical support. The authorities’ efforts to improve economic institutions and governance continue and the fight against grand corruption has resulted in significant sentences in recent high-profile cases. Improvements in transparency and statistical systems are underway, with support from the IMF and the Financial Action Task Force’s Asia Pacific Group.
Book Synopsis State-Owned Enterprises in Middle East, North Africa, and Central Asia: Size, Costs, and Challenges by : Mr. Ernesto Ramirez Rigo
Download or read book State-Owned Enterprises in Middle East, North Africa, and Central Asia: Size, Costs, and Challenges written by Mr. Ernesto Ramirez Rigo and published by International Monetary Fund. This book was released on 2021-09-20 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to the COVID-19 shock, the key challenge facing policymakers in the Middle East, North Africa, and Central Asia region was how to generate strong, sustainable, job-rich, inclusive growth. Post-COVID-19, this challenge has only grown given the additional reduction in fiscal space due to the crisis and the increased need to support the recovery. The sizable state-owned enterprise (SOE) footprint in the region, together with its cost to the government, call for revisiting the SOE sector to help open fiscal space and look for growth opportunities.