DEVELOPMENT OF THE POLITICAL ECONOMY IN VIETNAM: A CASE STUDY OF POST-DOI MOI REFORMS

Authors

Keywords:

Vietnam's political economy, Doi Moi policy, reform, political decision-making

Abstract

This article provides an in-depth analysis of the political economy of Vietnam, focusing on the transformative period following the Doi Moi reforms of the late 1980s. It examines the interplay between political decision-making, economic policy, and the resultant socio-economic outcomes in Vietnam. By analyzing the country's transition from a centrally planned to a market-oriented economy, this study sheds light on the intricate relationship between state-led governance and economic development. Drawing upon an array of secondary sources, including research papers, academic articles, and statistical data. This article illuminated the key drivers, challenges, and implications of Vietnam's political economy in the context of its regional and global standing.

References

Audretsch, D. B., & Fiedler, A. (2022). The Vietnamese entrepreneurship paradox: how can entrepreneurs thrive without political and economic freedom? Journal of Technology Transfer, 47(4), 1179-1197. https://doi.org/10.1007/s10961-021-09873-2

Baccini, L., Impullitti, G., & Malesky, E. J. (2019). Globalization and state capitalism: Assessing Vietnam's accession to the WTO. Journal of international Economics, 119, 75-92. https://doi.org/10.1016/j.jinteco.2019.02.004

Bayrak, M. M., Marks, D., & Hauser, L. T. (2022). Disentangling the concepts of global climate change, adaptation, and human mobility: a political- ecological exploration in Vietnam's Mekong Delta. Climate and Development, 14(10), 935-944. https://doi.org/10.1080/17565529.2022.2028596

ILOSTAT. (2023). Statistics on wages. Retrieved December 26, 2023, from https://ilostat.ilo.org/topics/wages/

Ngoc, B. H. (2020). Effects of Foreign Direct Investment and Quality of Informal Institution on the Size of the Shadow Economy: Application to Vietnam. Journal of Asian Finance Economics and Business, 7(5), 73- 80. https://doi.org/10.13106/jafeb.2020.vol7.no5.073

Nguyen, N. A. (2022). Understanding the Socialist-Market Economy in Vietnam [Article]. Emerging Science Journal, 6(5), 952-966. https://doi.org/10.28991/ESJ-2022-06-05-03

Nguyen, T. P. (2019). Legal Reform and Struggles Against Precarity: The Case of State Workers' Early Retirement in Vietnam. Pacific Affairs, 92(4), 665- 684. https://doi.org/10.5509/2019924665

Tang, K. (2023). The political economy of special economic zones: the cases of Ethiopia and Vietnam [Article]. Review of International Political Economy, 30(5), 1957-1983. https://doi.org/10.1080/09692290.2022.2152073

VOVWORLD. (2566, 2566-08-23). จนถึงกลางเดือนสิงหาคม เวียดนามได้เปรียบ ดุลการค้า กว่า 1 หมื่น 6 พันล้านดอลลาห์สหรัฐ. retrieve from https://shorturl.at/pqFJM

Vu, V. H., Soong, J. J., & Nguyen, K. N. (2023). The Political Economy of Vietnam and Its Development Strategy under China–USA Power Rivalry and Hegemonic Competition: Hedging for Survival [Article]. Chinese Economy, 56(4), 256-270. https://doi.org/10.1080/10971475.2022.2136690

Wischermann, J., Dang, T. V. P., & Sirait, G. M. (2023). The State in a Capitalist Society: Protests and State Reactions in Vietnam and Indonesia. Journal of Contemporary Asia, 53(2), 185-206. https://doi.org/10.1080/00472336.2022.2038235

Worldbankdata. (2023). GDP growth (annual %) - Viet Nam. https://data.worldbank.org

ชญานี ชวะโนทย์. (2561). นโยบายปฏิรูปเศรษฐกิจกับการพัฒนาอุตสาหกรรมของประเทศ เวียดนาม. พัฒนาการเศรษฐกิจปริทรรศน์, 12(1), 82-106.

มณิภัทร์ ไทรเมฆ (2566). มุมมองด้านการเติบโตทางเศรษฐกิจต่ออายุคาดเฉลี่ยด้วยวิธี Granger Causality: กรณีศึกษา กลุ่มประเทศ CLMV (The Perspective of Economic Growth to Life Expectancy: Cambodia, Lao PDR, Myanmar and Vietnam). Journal of Demography, 39(1), 4.

Downloads

Published

2024-04-18

How to Cite

Jumlongnark, W., & Nguyen Thu, H. (2024). DEVELOPMENT OF THE POLITICAL ECONOMY IN VIETNAM: A CASE STUDY OF POST-DOI MOI REFORMS. Journal of Humanities and Social Sciences Mahamakut Buddhist University Isan Campus, 5(1), 174–183. Retrieved from https://so06.tci-thaijo.org/index.php/jhsmbuisc/article/view/270438

Issue

Section

บทความวิจัย