Overview for Vietnam's Economic Transition: Policies, Issues and Prospects
The Vietnamese economy has undergone a dramatic transformation since the initiation of economic reform, under the banner of Doi Moi, in 1986. Starting with the agricultural sector and then broadening to the industrial sector, the structure of the economy changed dramitically with reform, and also experienced unprecedented rates of economic growth for a considerable part of the 1990s. Foreign direct investment played an important role during this period, and particulraly, in capital intensive activities.
The asian financial and economic crisis of 1997-98, however, affeted the country badly, both in terms of export growth and in the attraction of foreign investment from crisis affliceted neighbours. As a consequence of these developments, economic growth slowed down and it was apparent that more far reaching economic reforms would be required in order to put the economy back on the road to high and sustained growth. In this regard, the role of the domestic private sector is increasingly found to be of particular importance.
This book reviews the progress made in Vietnam's transition economy till date, and emphasises the existing literature on empirical modelling of it. A new model for Vietnam's transition economy is developed and presented, and then utilised to conduct a simulation analysis of key future policy reforms and their potential impact upon the economy.
The range of topics and issues analysed in the book is diverse, pertinent and thought provoking, and provides an invaluable source of reference for scholars of the contemporary Vietnamese economy.
Charles Harvie (Author)
Professor Charles Harvie is presently an Associate Professor of Economics at the University of Wollongong in Australia. He has published numerous journal articles, chapters and books on the economies of East Asia. He is the co-editor (with Dr Boon Chye-Lee) of a series of four books, currently in the process of completion with Edward Elgar Publishing, on the contribution of small and medium-sized enterprises to the recovery of the East Asian economies, in the wake of financial crisis. He has also authored and edited four more books with Macmillan (Palgrave). His areas of research interest include the economies of East Asia (in particular Korea, China, Vietnam and Indonesia), the economics of transition, and SMEs and entrepreneurialism..
Phan Thi Nhiem (Author)
Dr. Phan Thi Nhiem is presently a Lecturer in the Faculty of Planning and Development at the National Economics University in Hanoi, Vietnam. She recently completed her Ph.D thesis at the University of Wollongong, Australia focusing on Vietnamâ€™s transition economy. Prior to this she studied for a Master of Business Administration at Boise State University, Idaho, USA. Her earlier Bachelorâ€™s degree in Economic Development Planning was from the Faculty of Planning, National Economics University in Hanoi.
Tran Van Hoa (Author)
Professor Tran Van Hoa holds higher degrees from the University of Western Australia and Monash University, Victoria, Australia. He has taught widely at universities in Australia, Asia and the US, and visited major international research institutes and universities. He was Senior Research Fellow at the Institute of Applied Economic and Social Research, University of Melbourne and an Honorary Professor at the National Economics University in Vietnam. He has published over 22 books and over 140 refereed articles in the major applied and theoretical areas of economics, social policy and welfare, business, finance, energy and econometrics in Australian and international professional journals, and over 140 discussion papers and commissioned reports. Dr. Tran Van Hoa is listed in Who's Who in the World, Whoâ€™s Who in Asia and Pacific Nations, Who's Who in America, Whoâ€™s Who in Australia, Whoâ€™s Who in Science and Engineering, 2000 Outstanding People of the 20th Century, 1000 Great Intellectuals of the 21st Century, Dictionary of International Biography, and in Living Legends. He is also a Director of T&M Enterprises P/L (Australia) which provides education and consulting services, and for the past few years, he has been a consultant to a number of organisations and authorities in Australia and various ministries in Thailand and Vietnam.