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Developmentalism with Vietnamese Characteristics: The Persistence of State-led Development in East Asia

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  • BEESON, MARK
  • PHAM, HUNG HUNG

Abstract

One of the most striking features of the economic development that has occurred in the East Asian region has been the influential role of the state in directing its course. Vietnam is also following this well-worn path of state-led developmentalism. The principal contribution of this paper is two-fold. First, we place the Vietnamese experience in comparative historical and conceptual perspective. It is suggested that the structure of the Vietnamese state itself and the distinctive nature of the policies it has undertaken are reflections of the country’s traumatic recent history and the fact that its leadership is notionally ‘‘communist.’’ Our second contribution is to detail some of the more important aspects of this process. We provide two case studies which focus on the role of state-owned enterprises and decentralisation initiatives which demonstrate that, despite the frequently ad hoc and contingent nature of the developmental project and an absence of the sort of state capacity that distinguished the likes of Japan in its heyday, the Vietnamese government is overseeing economic development in creative and surprisingly effective ways.

Suggested Citation

  • Beeson, Mark & Pham, Hung Hung, 2012. "Developmentalism with Vietnamese Characteristics: The Persistence of State-led Development in East Asia," OSF Preprints s4zeu, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:s4zeu
    DOI: 10.31219/osf.io/s4zeu
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    References listed on IDEAS

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    1. Adam J. Fforde, 2009. "Luck, Policy or Something Else Entirely? Vietnam’s Economic Performance in 2009 and Prospects for 2010," Journal of Current Southeast Asian Affairs, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 28(4), pages 71-94.
    2. Henrik Hansen & John Rand & Finn Tarp, 2009. "Enterprise Growth and Survival in Vietnam: Does Government Support Matter?," Journal of Development Studies, Taylor & Francis Journals, vol. 45(7), pages 1048-1069, August.
    3. Mark Beeson, 2009. "Geopolitics and the Making of Regions: The Fall and Rise of East Asia," Political Studies, Political Studies Association, vol. 57(3), pages 498-516, October.
    4. Markus Taussig, 2009. "Where Is Credit Due? Legal Institutions, Connections, and the Efficiency of Bank Lending in Vietnam," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 25(2), pages 535-578, October.
    5. Verena Fritz & Alina Rocha Menocal, 2007. "Developmental States in the New Millennium: Concepts and Challenges for a New Aid Agenda," Development Policy Review, Overseas Development Institute, vol. 25(5), pages 531-552, September.
    6. Martin Gainsborough, 2009. "The (Neglected) Statist Bias and the Developmental State: the case of Singapore and Vietnam," Third World Quarterly, Taylor & Francis Journals, vol. 30(7), pages 1317-1328.
    7. Charles Polidano, 2001. "Review Article: Don't Discard State Autonomy: Revisiting the East Asian Experience of Development," Political Studies, Political Studies Association, vol. 49(3), pages 513-527, August.
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    Cited by:

    1. Quang Minh Nguyen, 2023. "Impact of privatization on firm performance in Vietnam: A Staggered Difference-in-Differences analysis with heterogeneous treatment effects," Documentos de Trabajo EH-Valencia (DT-EHV) 2303, Economic History group at the Universitat de Valencia.
    2. Thao, Chu Minh, 2018. "The Transformation Of Vietnamese Trade Policy," OSF Preprints 7qdnt, Center for Open Science.
    3. Shin, Youseung & Kwon, Youngsang & Seo, Ducksu, 2023. "Rethinking developmental state intervention in the housing supply of a transitional economy: Evidence from Hanoi, Vietnam," Land Use Policy, Elsevier, vol. 132(C).

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