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The Emerging Legal Framework For Private Sector Development In Viet Nams Transitional Economy
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Book Synopsis The Emerging Legal Framework for Private Sector Development in Viet Nam's Transitional Economy by : Pham van Thuyet
Download or read book The Emerging Legal Framework for Private Sector Development in Viet Nam's Transitional Economy written by Pham van Thuyet and published by World Bank Publications. This book was released on 1995 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Emerging Legal Framework for Private Sector Development in Vietnam's Transitional Economy by : Thuyet
Download or read book The Emerging Legal Framework for Private Sector Development in Vietnam's Transitional Economy written by Thuyet and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Emerging Legal Framework for Private Sector Development in Vietnam's Transitional Economy by : Pham van Thuyet
Download or read book The Emerging Legal Framework for Private Sector Development in Vietnam's Transitional Economy written by Pham van Thuyet and published by . This book was released on 2016 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Private (especially foreign) investors find Vietnam's legal framework the most serious impediment to investment. Policy changes to reverse the former command system may be enough to initiate the transition. But without an appropriate legal framework, they will be insufficient for long-term development.A major objective of Vietnam's transition to a market economy has been to reactivate the private sector in a mixed economy. Several new laws have been introduced in the past five years to implement this policy and to create an enabling environment for the private sector. Thuyet reviews some of the more important laws and regulations that affect Viet Nam's private sector activities, including laws on real property, intellectual property, companies, domestic investment, foreign investment, bankruptcy, contracts, and dispute resolution. Anti-monopoly law has not yet been introduced in Vietnam. The issue of competition is addressed in the context of trade law, the relative roles of the state and private sector, and restrictions in company law. These areas all establish the foundation of a legal framework for a market economy. Among Thuyet's conclusions:Vietnam's legal framework, like China's, is still influenced by ideology, which causes problems in such areas as private ownership of real property and with such fundamental legal concepts as due process of law.The private sector is constrained by the lack of an independent judiciary, the absence of private land ownership, other uncertainties in property law that limit the development of financial markets, and the inherent bias of the system in favor of the state sector (and collective ownership).A law-abiding attitude, equally important to development, has been slow to develop.Vietnam's foreign investment process is too complicated, and its company law too restrictive. A first priority should be to streamline regulations.Vietnam has been slow to privatize its state enterprises, another step essential for development. Trade policy also needs to be liberalized.Export processing zones may be a useful interim instrument to attract foreign investment but should be phased out over time. More important in the long term is a good investment climate resting on a strong legal foundation.This paper - a product of the Transition Economics Division, Policy Research Department - is part of a larger effort in the department to understand the legal and institutional requirements for transition from socialism to a market economy.
Book Synopsis The emerging legal framework for private sector development in Viet Nam's tansitional economy by : Pham Van Thuyet
Download or read book The emerging legal framework for private sector development in Viet Nam's tansitional economy written by Pham Van Thuyet and published by . This book was released on 1995 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Survey of Viet Nam's Legal Framework in Transition by : Natalie G. Lichtenstein
Download or read book A Survey of Viet Nam's Legal Framework in Transition written by Natalie G. Lichtenstein and published by . This book was released on 1994 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: A survey of the laws and decrees that Viet Nam has begun to enact in company law, contract law, banking law, laws on foreign investment, and other priority areas.
Book Synopsis Private Sector Development in Vietnam by : Lotte Thomsen
Download or read book Private Sector Development in Vietnam written by Lotte Thomsen and published by . This book was released on 2000 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: Paper to be presented at the World Conference of Economic Geography, Singapore December 2000
Author :World Bank Group;Ministry of Planning and Investment of Vietnam Publisher :World Bank Publications ISBN 13 :1464808252 Total Pages :596 pages Book Rating :4.4/5 (648 download)
Book Synopsis Vietnam 2035 by : World Bank Group;Ministry of Planning and Investment of Vietnam
Download or read book Vietnam 2035 written by World Bank Group;Ministry of Planning and Investment of Vietnam and published by World Bank Publications. This book was released on 2016-11-07 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thirty years of Ä?ổi Má»›i (economic renovation) reforms have catapulted Vietnam from the ranks of the world’s poorest countries to one of its great development success stories. Critical ingredients have been visionary leaders, a sense of shared societal purpose, and a focus on the future. Starting in the late 1980s, these elements were successfully fused with the embrace of markets and the global economy. Economic growth since then has been rapid, stable, and inclusive, translating into strong welfare gains for the vast majority of the population. But three decades of success from reforms raises expectations for the future, as aptly captured in the Vietnamese constitution, which sets the goal of “a prosperous people and a strong, democratic, equitable, and civilized country.†? There is a firm aspiration that by 2035, Vietnam will be a modern and industrialized nation moving toward becoming a prosperous, creative, equitable, and democratic society. The Vietnam 2035 report, a joint undertaking of the Government of Vietnam and the World Bank Group, seeks to better comprehend the challenges and opportunities that lie ahead. It shows that the country’s aspirations and the supporting policy and institutional agenda stand on three pillars: balancing economic prosperity with environmental sustainability; promoting equity and social inclusion to develop a harmonious middle- class society; and enhancing the capacity and accountability of the state to establish a rule of law state and a democratic society. Vietnam 2035 further argues that the rapid growth needed to achieve the bold aspirations will be sustained only if it stands on faster productivity growth and reflects the costs of environmental degradation. Productivity growth, in turn, will benefit from measures to enhance the competitiveness of domestic enterprises, scale up the benefits of urban agglomeration, and build national technological and innovative capacity. Maintaining the record on equity and social inclusion will require lifting marginalized groups and delivering services to an aging and urbanizing middle-class society. And to fulfill the country’s aspirations, the institutions of governance will need to become modern, transparent, and fully rooted in the rule of law.
Book Synopsis Designing Trade Reform as a Signal to Foreign Investors by : Eric Bond
Download or read book Designing Trade Reform as a Signal to Foreign Investors written by Eric Bond and published by World Bank Publications. This book was released on 1995 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Rural Development Issues by : Arnold V. Burlingham
Download or read book Rural Development Issues written by Arnold V. Burlingham and published by Nova Publishers. This book was released on 2008 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rural development is a crucial issue throughout the world. Key issues include farming and forestry, land use and the management of natural resources. In addition economic diversification in rural communities is at the centre of many programs across the globe.
Book Synopsis Public Choices Between Lifesaving Programs how Important are Lives Saved? by : Uma Subramanian
Download or read book Public Choices Between Lifesaving Programs how Important are Lives Saved? written by Uma Subramanian and published by World Bank Publications. This book was released on 1995 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: August 1995 - Do funding priorities for health and safety policies reflect irrational fears? the disaster of the month - rather than address more fundamental problems? A thousand people were surveyed to gauge popular feelings about funding choices between environmental and public health programs. In developing and industrial countries alike, there is concern that health and safety policy may respond to irrational fears - to the disaster of the month - rather than address more fundamental problems. In the United States, for example, some policymakers say the public worries about trivial risks while ignoring larger ones and that funding priorities reflect this view. Many public health programs with a low cost per life saved are underfunded, for example, while many environmental regulations with a high cost per life saved are issued each year. Does the existing allocation of resources reflect people's preoccupation with the qualitative aspects of risks, to the exclusion of quantitative factors (lives saved)? Or can observed differences in the cost per life saved of environmental and public health programs be explained by the way the two sets of programs are funded? Cropper and Subramanian examine the preferences of U.S. citizens for health and safety programs. They confronted a random sample of 1,000 U.S. adults with choices between environmental health and public health programs, to see which they would choose. The authors then examined what factors (qualitative and quantitative) seem to influence these choices. Respondents were asked about pairs of programs, among them: smoking education or industrial pollution control programs, industrial pollution control or pneumonia vaccine programs, radon eradication or a program to ban smoking in the workplace, and radon eradication or programs to ban pesticides. The survey results, they feel, have implications beyond the United States. They find that, while qualitative aspects of the life-saving programs are statistically significant in explaining people's choices among them, lives saved matter, too. Indeed, for the median respondent in the survey, the rate of substitution between most qualitative risk characteristics and lives saved is inelastic. But for a sizable minority of respondents, choice among programs appears to be insensitive to lives saved. The interesting question for public policy is what role the latter group plays in the regulatory process. This paper - a joint product of the Environment, Infrastructure, and Agriculture Division, Policy Research Department, and the Environment and Natural Resources Division, Asia Technical Department - is part of a larger effort in the Bank to see what can be learned about efficient environmental policy by examining the U.S. experience with environmental regulation. The authors may be contacted at mcropper@@worldbank.org or usubramanian@@worldbank.org.
Book Synopsis Migration and the Skill Composition of the Labor Force by : Ramon Eugenio Lopez
Download or read book Migration and the Skill Composition of the Labor Force written by Ramon Eugenio Lopez and published by World Bank Publications. This book was released on 1995 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Agricultural Trade Liberalization in the Uruguay Round by : Merlinda D. Ingco
Download or read book Agricultural Trade Liberalization in the Uruguay Round written by Merlinda D. Ingco and published by World Bank Publications. This book was released on 1995 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Reviving Project Appraisal at the World Bank by : Shantayanan Devarajan
Download or read book Reviving Project Appraisal at the World Bank written by Shantayanan Devarajan and published by World Bank Publications. This book was released on 1995 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Arc Partner-country Statistics Useful for Estimating " Missing" Trade Data by : J. Alexander Yeats
Download or read book Arc Partner-country Statistics Useful for Estimating " Missing" Trade Data written by J. Alexander Yeats and published by World Bank Publications. This book was released on 1999 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Because many developing countries fail to report trade statistics to the United Nations, there has been an interest in using partner-country data to fill these information gaps. The author used partner-country statistics for 30 developing countries to estimate actual (concealed) trade data and analyzed the magnitude of the resulting errors. The results indicate that partner-country data are unreliable even for estimating trade in broad aggregate product groups such as foodstuffs, fuels, or manufactures. Moreover, tests show that the reliability of partner-country statistics degenerates sharply as one moves to more finely distinguished trade categories (lower-level SITCs). Equally disturbing, about one-quarter of the partner-country comparisons take the wrong sign. That is, one country's reported free-on-board (f.o.b.) exports exceed the reported cost-insurance-freight (c.i.f.) value of partners' imports. Aside from product composition, tests show that partner-country data are equally inaccurate for estimating the direction of trade. Why are partner-country data so unreliable for approximating missing data? Evidence shows: 1) problems in reporting or processing COMTRADE data; 2) valuation differences (f.o.b. versus c.i.f.) for imports and exports; 3) problems relating to entrepot trade, or exports originating in export processing zones; 4) problems associated with exchange-rate changes; 5) intentional or unintentional misclassification of products; 6) efforts to conceal trade data for proprietary reasons; and 7) financial incentives to purposely falsify trade data. The author concludes that efforts to improve the general quality, or availability, of trade statistics using partner-country data holds little or no promise, although this information may be useful in specific cases where the trade statistics of a certain country are known to incorporate major errors. Significant progress in ugrading the accuracy, and coverage, of trade statistics can be achieved only by improving each country's procedures for data collection.
Book Synopsis Adjustment and Poverty in Mexican Agriculture by : Ramon Lopez
Download or read book Adjustment and Poverty in Mexican Agriculture written by Ramon Lopez and published by World Bank Publications. This book was released on 1995 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: August 1995 - By and large, it appears that the goals of agricultural reform are being met in Mexico. But measures such as decoupling income supports and price supports or reorienting research and extension could help farmers who cannot afford access to machinery and purchased inputs and services. López, Nash, and Stanton report the results of a study of Mexican farm households using 1991 survey data and a smaller resurvey of some of the same households in 1993. One study goal was to empirically examine the relationship between assets and the output supply function. Using a production model focusing on capital as a productive input, they found that both the supply level and the responsiveness (elasticities) to changing input and output prices tend to depend on the farmer's net assets and on how productive assets are used. Regression analysis using data from the surveys shows that farmers who use productive assets such as machinery tend to be positively responsive to price changes, while those with no access to such assets are not. Another study goal was to monitor the condition of Mexican farmers in a rapidly changing policy environment. The 1991 survey data suggest that farmers with more limited use of capital inputs (the low-CI group) were more likely to grow principally corn and to grow fewer crops, on average, than the others. They also had more problems getting credit and were less likely to use purchased inputs, such as seeds, fertilizer, and pesticides, or to use a tractor to prepare the soil. They tended to be less well-educated, and their land tended to be of lower quality. Results from the panel data showed conditions generally improving for the average farmer in the sample area between 1991 and 1993, during a period when agricultural reforms were implemented. Cropping patterns were more diversified, the average size of landholdings increased, the average farmer received more credit (in real terms), more farm households earned income from off-farm work, and more farmers used purchased inputs. Asset ownership and educational attainment also improved modestly. The very small low-CI group in this sample fared as well as, or better than, the other groups. True, their level of educational achievement fell, and fewer of them had off-farm income than in 1991. But their use of credit, irrigation, machinery, and purchased inputs increased more than for other groups. The limited data are not proof of a causal link, but the fact that the goals are being met should at least ensure that adverse conditions are not undermining reform. Farmers that lacked access to productive assets did not respond as well to incentives or take advantage of the opportunities presented by reform and may need assistance, particularly to get access to credit markets. There may be a good argument for decoupling income supports from price supports for farmers, since income payments that are independent of the vagaries of production could provide a more stable signal of creditworthiness than price supports do. Possibly reorienting research and extension services more to the needs of low-CI producers could also improve the efficiency with which the sector adjusts to new incentives. Hypotheses and tentative conclusions from this study will be explored further when more data are collected in 1995. This paper - a product of the International Trade Division, International Economics Department--is part of a larger effort in the department to investigate the effects of international trade policy on individual producers. The study was funded by the Bank's Research Support Budget under the research project Rural Poverty and Agriculture in Mexico: An Analysis of Farm Decisions and Supply Responsiveness (RPO 678-23).
Book Synopsis Trade policies, Macroecononomic Adjustment, and Manufacrured Exports by : Sarath Rajapatirana
Download or read book Trade policies, Macroecononomic Adjustment, and Manufacrured Exports written by Sarath Rajapatirana and published by World Bank Publications. This book was released on 1995 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Decomposing Social Indicators Using Distributional Data by : Martin Ravallion
Download or read book Decomposing Social Indicators Using Distributional Data written by Martin Ravallion and published by World Bank Publications. This book was released on 1999 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: July 1995 Cross-country comparisons suggest that poor people tend to be in worse health than others, and that their health responds more to differences in public health spending. Are the poor less healthy? Does public health spending matter more to them? Bidani and Ravallion decompose aggregate health indicators using a random coefficients model in which the aggregates are regressed on the population distribution by subgroups, taking account of the statistical properties of the error term and allowing for other determinants of health status, including public health spending. This also allows them to test possible determinants of the variation in the underlying subgroup indicators. They implement the approach with data on health outcomes and poverty measures for 35 developing countries. Bidani and Ravallion find that poor people have appreciably worse health status on average than others--and that differences in public health spending tend to matter more to the poor. This is probably because the nonpoor are in a better position to buy private health care. This paper--a product of the Poverty and Human Resources Division, Policy Research Department--is part of a larger effort in the department to understand the interlinkage between poverty and human development.
