Political Economy of Growth in Vietnam

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A01=Guanie Lim
Author_Guanie Lim
banking
Category=KCM
Category=KCP
China Shock
Chinese Motorcycles
communism
development strategy
dio moi
Doi Moi
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
FDI
foreign direct investment Vietnam
Foreign Strategic Investor
General Statistics Office
GIC
globalization
IMF Reform
industrial policy Southeast Asia
Industry Specific Institutes
Japanese TNCs
Joint Stock Commercial Bank
latecomer economic development
Latecomer Economies
Local Content Policy
manufacturing
Manufacturing Associations
manufacturing sector analysis
middle income trap
Motorcycle Industry
motorcycles
Multiple Layer Model
planned economy
policy instruments for technological upgrading
political economy
Post Doi Moi
Prime Minister Nguyen Tan Dung
Provincial SOEs
socioeconomic transformation
Sovereign Wealth Fund Government
State Business Dynamics
state market relations
Sufat
transnational corporations
transnational corporations Asia
Vietnamese advancement
Vietnamese Policymakers
Vietnamese State
Vietnamese Suppliers
Vinh Phuc
Vinh Phuc Province

Product details

  • ISBN 9780367537562
  • Weight: 160g
  • Dimensions: 156 x 234mm
  • Publication Date: 29 Apr 2022
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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Since the doi moi reforms in 1986, Vietnam has experienced a dramatic socioeconomic

transformation. Lim examines the role of the state and its interaction

with market forces in bringing this change about.

Taking the motorcycle and banking industries as case studies, this book explores

the dynamics between the state and transnational corporations in shaping

the manufacturing and service sectors, respectively. Vietnam, as one of Southeast

Asia’s quintessential latecomer economies with little prior experience of

dealing with transnational corporations, has nevertheless been quite successful

in maintaining some control over the impact of foreign direct investment. Yet,

the learning outcomes remain highly uneven. In addition, Lim argues that Vietnamese

advancement in both industries mirrors only partially the more generalized

patterns of state-led development in East Asia’s earlier batch of latecomer

economies. Vietnam’s case thus presents practical lessons on how to succeed

in crafting and utilizing policy instruments to achieve domestic economic and

technological upgrading.

This book will be of great interest to scholars of political economy and industrial

policy in East Asia, as well as to scholars and policy professionals analyzing

approaches to development strategy more broadly.

Guanie Lim is Research Fellow at the Nanyang Centre for Public Administration,

Nanyang Technological University, Singapore. His main research interests

are comparative political economy, value chain analysis, and the Belt and Road

Initiative in Southeast Asia. Guanie is also interested in broader development

issues within Asia, especially those of China, Vietnam, and Malaysia.

In the coming years, he will be conducting comparative research on how and

why China’s capital exports are reshaping development in two key developing

regions – Southeast Asia and the Middle East.

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