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Globalization Crises, Trade, and Development in Vietnam

Author

Listed:
  • Philip Abbott
  • Finn Tarp

Abstract

Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises—the 1997-98 Asian financial crisis and the 2008-09 great recession, financial crisis and collapse of global trade. Its success contradicts its characterization as an example of export-led growth and highlights the role of the state, particularly in maintaining and influencing investment.

Suggested Citation

  • Philip Abbott & Finn Tarp, 2011. "Globalization Crises, Trade, and Development in Vietnam," WIDER Working Paper Series wp-2011-020, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2011-020
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    File URL: https://www.wider.unu.edu/sites/default/files/wp2011-020.pdf
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    References listed on IDEAS

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    1. International Monetary Fund, 2010. "Peru: Staff Report for the 2010 Article IV Consultation," IMF Staff Country Reports 2010/098, International Monetary Fund.
    2. Nguyen Huu Chi & Nguyen Thi Thu Huyen & Mireille Razafindrakoto & Francois Roubaud, 2010. "Vietnam Labour Market and Informal Economy in a Time of Crisis and Recovery 2007-2009," World Bank Publications - Reports 27587, The World Bank Group.
    3. repec:wbk:wbpubs:2315 is not listed on IDEAS
    4. Abbott, Philip & Bentzen, Jeanet & Tarp, Finn, 2009. "Trade and Development: Lessons from Vietnam's Past Trade Agreements," World Development, Elsevier, vol. 37(2), pages 341-353, February.
    5. Abott, Philip & Boys, Kathryn & Tarp, Finn & Huong, Pham Lan, 2008. "Trade and Development in Vietnam: Exploring Investment Linkages," MPRA Paper 29382, University Library of Munich, Germany.
    6. Tarp, Finn, 2006. "Aid and Development," MPRA Paper 13171, University Library of Munich, Germany.
    7. International Monetary Fund, 1999. "Vietnam: Selected Issues," IMF Staff Country Reports 1999/055, International Monetary Fund.
    8. International Monetary Fund, 2003. "Vietnam: Statistical Appendix," IMF Staff Country Reports 2003/382, International Monetary Fund.
    9. Deepak Mishra & Viet Tuan Dinh, 2010. "Taking Stock, December 2010," World Bank Publications - Reports 27858, The World Bank Group.
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    Citations

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    Cited by:

    1. Philip Abbott & Finn Tarp & Ce Wu, 2017. "Structural Transformation, Biased Technological Change and Employment in Vietnam," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 29(1), pages 54-72, January.
    2. Thai-Ha Le, 2017. "Does economic distance affect the flows of trade and foreign direct investment? Evidence from Vietnam," Cogent Economics & Finance, Taylor & Francis Journals, vol. 5(1), pages 1403108-140, January.
    3. Philip Abbott & Ce Wu & Finn Tarp, 2014. "Transmission of World Prices to the Vietnamese Economy," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 29, pages 624-656.
    4. Seema Narayan & Tri Tung Nguyen & Xuan-Hoa Nghiem, 2021. "Does Economic Integration Increase Female Labour Force Participation? Labour Force Participation?," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 24(1), pages 1-34, March.
    5. Finn Tarp, 2018. "Vietnam: The dragon that rose from the ashes," WIDER Working Paper Series wp-2018-126, World Institute for Development Economic Research (UNU-WIDER).
    6. Conor O'Toole & Carol Newman, 2012. "Investment Financing and Financial Development: Firm Level Evidence from Vietnam," The Institute for International Integration Studies Discussion Paper Series iiisdp409, IIIS.
    7. Philip Abbott & Finn Tarp & Ce Wu, 2017. "Structural Transformation, Biased Technological Change and Employment in Vietnam," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 29(1), pages 54-72, January.
    8. Carol Newman & John Rand & Finn Tarp & Nguyen Thi Tue Anh, 2017. "Exporting and Productivity: Learning from Vietnam," Journal of African Economies, Centre for the Study of African Economies, vol. 26(1), pages 1-25.
    9. Finn Tarp, 2018. "Vietnam: The dragon that rose from the ashes," WIDER Working Paper Series 126, World Institute for Development Economic Research (UNU-WIDER).
    10. Cong-Duc Tran & Minh-Tuan Phung & Fu-Ju Yang & Yi-Hsien Wang, 2020. "The Role of Gender Diversity in Downside Risk: Empirical Evidence from Vietnamese Listed Firms," Mathematics, MDPI, vol. 8(6), pages 1-22, June.

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    Keywords

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    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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