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Luck, policy or something else entirely? Vietnam's economic performance in 2009 and prospects for 2010
Glück, Politik oder was sonst? Vietnams ökonomische Entwicklung 2009 und Aussichten für 2010
[journal article]
Abstract Vietnam's economic performance in 2009 is seen by the Vietnamese government and representatives of the Western donor communities as good, with the effects of the global financial crisis relatively mild. The paper notes a lack of contestation of these mainstream views and locates them within an asses... view more
Vietnam's economic performance in 2009 is seen by the Vietnamese government and representatives of the Western donor communities as good, with the effects of the global financial crisis relatively mild. The paper notes a lack of contestation of these mainstream views and locates them within an assessment of major trends in 2009, and medium-term issues. Particular focus is placed upon the policy implications of rural development and the need for a strong rationalisation of the state sector. Remarks upon the political economy of change then permit comments upon interactions between economic performance and gathering social and political concern with the political challenges of transition to so-called 'middle income' status, which in many countries has posed novel and tricky problems of adjustment, often requiring major social and political adjustments that have not always been successful. The paper concludes by suggesting that, as in the past, Vietnam's style of change finds some things easy and others hard, and that this has its reflection in economic policy and performance.... view less
Keywords
economic development (single enterprise); perspective; public sector; rural development; financial crisis; Southeast Asia; transformation; economic development (on national level); Vietnam; income; administration; economic policy; communism; rationalization
Classification
Sociology of Developing Countries, Developmental Sociology
Political Economy
Economic Policy
Method
applied research; descriptive study
Free Keywords
Economics; economic policy; crisis; global financial crisis; communism; 2009-2010
Document language
English
Publication Year
2009
Page/Pages
p. 71-94
Journal
Journal of Current Southeast Asian Affairs, 28 (2009) 4
ISSN
1868-4882
Status
Published Version; peer reviewed
Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works