Vietnam’s political economy: a discussion on the 1986-2016 period

Quan Hoang Vuong

No 14-010, Working Papers CEB from ULB -- Universite Libre de Bruxelles

Abstract: Being a member of the thriving ASEAN and successfully implementing economic renovation (Doi Moi) have drawn the world's attention on Vietnam around the turn of the millennium. Some even expected a much faster pace of transformation, and renewed economic, AND political, reforms in Vietnam, or Doi Moi II.However, in the recent transition turmoil the Vietnamese economy has experienced some significant setback, and the solution for getting the country out of the downward spiral of low productivity, waning purchasing power and increasing costs of doing business cannot be worked out without addressing those political economy issues that have shaped the modus operandi of the nation's economic system. This article discusses the post-Doi Moi political economy in Vietnam, from 1986 to 2016 – when the 12th Congress of the Communist Party of Vietnam takes place – and prospects of reviving reform momentum in subsequent years.

Keywords: Vietnam; economic transition; political economy; socialist; governance (search for similar items in EconPapers)
JEL-codes: H10 O10 P20 P48 (search for similar items in EconPapers)
Pages: 33 p.
Date: 2014-05-16
New Economics Papers: this item is included in nep-pol and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (25)

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