Abstract

VARHS has revealed that while Viet Nam is a rising dragon, market-based institutions are yet to be fully developed—for example, in relation to land and land market transactions. Further progress in this regard is critical. This will require a focus on fair, predictable, and transparent socioeconomic principles and practices where all members of society are subject to the rule of law, and where those in positions of power and influence are held accountable for their actions. A strong focus on developing access to the Internet and promoting e-governance may be one specific avenue to help this happen in practice. It is widely understood that once economic growth gets underway it is more easily sustained in low-income contexts—this would certainly seem to form part of the relative success Viet Nam has experienced.
Original languageEnglish
Title of host publicationGrowth, Structural Transformation, and Rural Change in Viet Nam : A Rising Dragon on the Move
PublisherOxford University Press
Publication date2017
Pages279-294
Chapter14
ISBN (Print)9780198796961
DOIs
Publication statusPublished - 2017
SeriesUNU-WIDER Studies in Development Economics

Keywords

  • Faculty of Social Sciences
  • economic growth
  • e-governance
  • Internet
  • land market transactions
  • market-based institutions
  • socioeconomic principles
  • Viet Nam

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