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
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.
New Economics Papers: this item is included in nep-pol and nep-tra
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