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Has Nguyen Phu Trong's Leadership Curbed Economic Reform? Economic Reform Trends in Vietnam

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  • Shozo Sakata

Abstract

This paper argues how the features of Vietnam's political‐administrative system and their recent changes have affected economic reform, particularly reform of state‐owned enterprises. After the 12th Party Congress in 2016, the Party Secretary General Nguyen Phu Trong's administration has seemed to exaggerate its conservative and totalitarian‐looking rule in the political arena. In contrast, the economic reform policies introduced by Trong's administration seem more transformative and progressive. This paper suggests that this contradiction must indicate changes in the policies relating to the state management of economic entities and/or a disguised form of reform to retain state influence over economic management, both of which tend to end up with pervasive rent‐seeking practices.

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  • Shozo Sakata, 2020. "Has Nguyen Phu Trong's Leadership Curbed Economic Reform? Economic Reform Trends in Vietnam," Asian Economic Policy Review, Japan Center for Economic Research, vol. 15(2), pages 305-322, July.
    • Handle: RePEc:bla:asiapr:v:15:y:2020:i:2:p:305-322
    DOI: 10.1111/aepr.12301
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    Cited by:

    1. M. Chatib Basri & Hal Hill, 2020. "The Southeast Asian Economies in the Age of Discontent," Asian Economic Policy Review, Japan Center for Economic Research, vol. 15(2), pages 185-209, July.
    2. Hal Hill & Takatoshi Ito & Kazumasa Iwata & Colin McKenzie & Shujiro Urata, 2020. "Economic Reform in ASEAN: Editors' Overview," Asian Economic Policy Review, Japan Center for Economic Research, vol. 15(2), pages 165-184, July.

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