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Vietnam between developmental state and neoliberalism: the case of the industrial sector

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Author Info

  • Pietro Masina

    ()
    (Dept. of Social Sciences - University of Naples “L’Orientale”)

Abstract

Since the mid 1980s Vietnam has launched a thorough programme of economic reforms, with a transition from central planning to a market-based economy. The gradual and pragmatic reform process achieved remarkable results in terms of sustainable economic growth and poverty reduction. With entrance into the WTO (in 2007), the country has become an important manufacturing hub and is attracting huge FDI flows, but with a risk of increased dependency from foreign capital and technology and vulnerability to exogenous shocks. This paper suggests that national authorities have so far (and rather successfully) relied on a large state sector to manage economic development but the government has not been able to design and implement coherent industrial strategies.

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File URL: http://193.205.129.80/repec/cme/wpaper/cmetwp_07_2010.pdf
File Function: First version, 2010
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Bibliographic Info

Paper provided by c.MET-05 - Centro interuniversitario di Economia Applicata alle Politiche per L'industria, lo Sviluppo locale e l'Internazionalizzazione in its series Working Papers with number 1007.

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Length: 23 pages
Date of creation: Dec 2010
Date of revision:
Handle: RePEc:cme:wpaper:1007

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Web page: http://www.cmet.it
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Related research

Keywords: Vietnam; economic reform; industrial development; Washington Consensus.;

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  1. Paul W. Miller & Jonathan J. Pincus, 2010. "Introduction," The Economic Record, The Economic Society of Australia, The Economic Society of Australia, vol. 86(s1), pages 1-1, 09.
  2. Chang, Ha-Joon, 1993. "The Political Economy of Industrial Policy in Korea," Cambridge Journal of Economics, Oxford University Press, Oxford University Press, vol. 17(2), pages 131-57, June.
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Cited by:
  1. Pietro Masina, 2012. "Vietnam tra Flying Geese e middle-income trap: le sfide della politica industriale per una nuova tigre dell’Asia," Working Papers, c.MET-05 - Centro interuniversitario di Economia Applicata alle Politiche per L'industria, lo Sviluppo locale e l'Internazionalizzazione 1210, c.MET-05 - Centro interuniversitario di Economia Applicata alle Politiche per L'industria, lo Sviluppo locale e l'Internazionalizzazione.

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