Vietnam and the regional crisis

the case of a "Late Latecomer"

Pietro Paolo Masina

    Publikation: Bidrag til tidsskriftTidsskriftartikelForskning

    Resumé

    The paper explores the linkages between Vietnam and the regional economy before and after the East Asian financial crisis of 1997 and 1998, indicating that the country is more closely associated with the region than normally assumed. Thus, key indicators, such as falling foreign direct investment inflows, should be understood in the broader frame of regional contingencies, and not be simplistically explained as investors' discontent (i.e., in order to pressure Vietnamese authorities into implementing a more orthodox neo-liberal agenda). And in a post-crisis regional economic reorganisation (including a restructuring of the so-called 'flying geese' pattern) Vietnam's chances of benefitting from closer integration in the world economy will depend on a clearcut industrial and trade policy, rather than on embarking a so-called 'neutral trade regime'. Preliminary evidence seems to indicate that Vietnam can successfully exploit market niches opened up by postcrisis regional economic reorganisation, thus offering some optimism for the country's immediate economic future.
    OriginalsprogEngelsk
    TidsskriftEuropean Journal of East Asian Studies
    Vol/bind1
    Udgave nummer2
    Sider (fra-til)199-220
    Antal sider22
    ISSN1568-0584
    DOI
    StatusUdgivet - 2002

    Citer dette

    @article{4f50bac052c411db9789000ea68e967b,
    title = "Vietnam and the regional crisis: the case of a {"}Late Latecomer{"}",
    abstract = "The paper explores the linkages between Vietnam and the regional economy before and after the East Asian financial crisis of 1997 and 1998, indicating that the country is more closely associated with the region than normally assumed. Thus, key indicators, such as falling foreign direct investment inflows, should be understood in the broader frame of regional contingencies, and not be simplistically explained as investors' discontent (i.e., in order to pressure Vietnamese authorities into implementing a more orthodox neo-liberal agenda). And in a post-crisis regional economic reorganisation (including a restructuring of the so-called 'flying geese' pattern) Vietnam's chances of benefitting from closer integration in the world economy will depend on a clearcut industrial and trade policy, rather than on embarking a so-called 'neutral trade regime'. Preliminary evidence seems to indicate that Vietnam can successfully exploit market niches opened up by postcrisis regional economic reorganisation, thus offering some optimism for the country's immediate economic future.",
    author = "Masina, {Pietro Paolo}",
    year = "2002",
    doi = "10.1163/157006102320270202",
    language = "English",
    volume = "1",
    pages = "199--220",
    journal = "European Journal of East Asian Studies",
    issn = "1568-0584",
    publisher = "Brill Academic Publishers, Incorporated",
    number = "2",

    }

    Vietnam and the regional crisis : the case of a "Late Latecomer". / Masina, Pietro Paolo.

    I: European Journal of East Asian Studies, Bind 1, Nr. 2, 2002, s. 199-220.

    Publikation: Bidrag til tidsskriftTidsskriftartikelForskning

    TY - JOUR

    T1 - Vietnam and the regional crisis

    T2 - the case of a "Late Latecomer"

    AU - Masina, Pietro Paolo

    PY - 2002

    Y1 - 2002

    N2 - The paper explores the linkages between Vietnam and the regional economy before and after the East Asian financial crisis of 1997 and 1998, indicating that the country is more closely associated with the region than normally assumed. Thus, key indicators, such as falling foreign direct investment inflows, should be understood in the broader frame of regional contingencies, and not be simplistically explained as investors' discontent (i.e., in order to pressure Vietnamese authorities into implementing a more orthodox neo-liberal agenda). And in a post-crisis regional economic reorganisation (including a restructuring of the so-called 'flying geese' pattern) Vietnam's chances of benefitting from closer integration in the world economy will depend on a clearcut industrial and trade policy, rather than on embarking a so-called 'neutral trade regime'. Preliminary evidence seems to indicate that Vietnam can successfully exploit market niches opened up by postcrisis regional economic reorganisation, thus offering some optimism for the country's immediate economic future.

    AB - The paper explores the linkages between Vietnam and the regional economy before and after the East Asian financial crisis of 1997 and 1998, indicating that the country is more closely associated with the region than normally assumed. Thus, key indicators, such as falling foreign direct investment inflows, should be understood in the broader frame of regional contingencies, and not be simplistically explained as investors' discontent (i.e., in order to pressure Vietnamese authorities into implementing a more orthodox neo-liberal agenda). And in a post-crisis regional economic reorganisation (including a restructuring of the so-called 'flying geese' pattern) Vietnam's chances of benefitting from closer integration in the world economy will depend on a clearcut industrial and trade policy, rather than on embarking a so-called 'neutral trade regime'. Preliminary evidence seems to indicate that Vietnam can successfully exploit market niches opened up by postcrisis regional economic reorganisation, thus offering some optimism for the country's immediate economic future.

    U2 - 10.1163/157006102320270202

    DO - 10.1163/157006102320270202

    M3 - Journal article

    VL - 1

    SP - 199

    EP - 220

    JO - European Journal of East Asian Studies

    JF - European Journal of East Asian Studies

    SN - 1568-0584

    IS - 2

    ER -