Read e-book online Vietnam at a Crossroads: Engaging in the Next Generation of PDF

By Claire Hollweg,Tanya Smith,Daria Taglioni

Vietnam is at a crossroads. it could actually develop as an export platform for GVCs, focusing on low value-added meeting features with industrialization taking place in enclaves with little connection to the wider financial system or society; or it may leverage the present wave of progress, enabled and sped up by way of its winning participation in GVCs, to diversify and stream up the chain into better value-added capabilities. good fortune would require Vietnam’s policymakers to view the procedures of improvement another way, and to take new realities of the worldwide economic system extra absolutely into account.

The function of this quantity is to aid Vietnam’s route to fiscal prosperity by way of making a choice on regulations and specified interventions that would force improvement via leveraging GVC participation that take significant shifts in alternate coverage and swift technological advances in ICT under consideration.

The quantity is predicated on a compilation of experiences accomplished by way of international financial institution employees and exterior experts in 2015 aiding the “Enabling fiscal Modernization and personal quarter Development†? bankruptcy of the Vietnam 2035 file. the target of those experiences was once to diagnose Vietnam’s present participation in GVCs, visualize the place Vietnam will be via 2035 within the context of a altering worldwide atmosphere, and determine the coverage activities had to get there. The reports additionally supported issues comparable extra greatly to export competitiveness, together with firm-level productiveness, companies, and connectivity. It then identifies distinctive options and coverage interventions that would support triumph over demanding situations, reduce hazards, and maximize possibilities. Readers will achieve a powerful figuring out of Vietnam’s present and capability engagement with GVCs—and will find out about strategic GVC coverage instruments which could support constructing international locations in achieving fiscal prosperity within the context of compressed development.

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Vietnam at a Crossroads: Engaging in the Next Generation of Global Value Chains (Directions in Development;Directions in Development - Trade) by Claire Hollweg,Tanya Smith,Daria Taglioni

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