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dc.contributor.authorChaponnière, Jean-Raphaelen_US
dc.contributor.authorCling, Jean-Pierreen_US
dc.contributor.authorZhou, Binen_US
dc.date.accessioned2010-02-16en_US
dc.date.accessioned2011-04-26T07:42:27Z-
dc.date.available2011-04-26T07:42:27Z-
dc.date.issued2008en_US
dc.identifier.isbn978-92-9230-138-5en_US
dc.identifier.urihttp://hdl.handle.net/10419/45149-
dc.description.abstractVietnam has been following China's path closely and very successfully for the last two decades, since the adoption of Doi moi in 1986. Over those last two decades, economic growth rates in both countries have been the highest worldwide (with GDP growing by 8 per cent and 10 per cent per year, respectively). The increase of the Vietnamese share of world trade is the highest of all major Asian exporters (including China) since the mid-1990s. In the current international context, doubts have been raised by some economists concerning the possibility for new Asian countries to take-off and join the group of emerging countries. Several obstacles might block this emergence, such as the rise of China and the stringent rules of the World Trade Organization (WTO). This paper addresses this question with regard to Vietnam, who joined the WTO at the beginning of 2007: we study Vietnam's potential for sustainable growth and international integration. We start by briefly describing economic reform and trade policies in Vietnam, and their results in terms of economic growth and world integration. We then analyse Vietnamese trade specialization and the bilateral relationship with China. Finally, we assess the competition between Vietnam and China on world markets, and show that the export structures are very different. Both countries have benefited from a boom in their textile and clothing exports following the cessation of quotas (in the case of China) and the signing of USBTA (in the case of Vietnam). For Vietnam, reducing the specialization in textiles and clothing, and joining the Asian production network in electronics, represents a major challenge.en_US
dc.language.isoengen_US
dc.publisherUNU-WIDER Helsinkien_US
dc.relation.ispartofseriesResearch paper / UNU-WIDER 2008.84en_US
dc.subject.jelF13en_US
dc.subject.jelO24en_US
dc.subject.jelO53en_US
dc.subject.ddc330en_US
dc.subject.keywordexport-led growthen_US
dc.subject.keywordWTOen_US
dc.subject.keywordVietnamen_US
dc.subject.keywordChinaen_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwWirtschaftsreformen_US
dc.subject.stwAußenwirtschaftspolitiken_US
dc.subject.stwInternationale Arbeitsteilungen_US
dc.subject.stwVietnamen_US
dc.subject.stwChinaen_US
dc.subject.stwChinaen_US
dc.titleVietnam following in China's footsteps: The third wave of emerging Asian economiesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn589759191en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:WIDER Research Papers, United Nations University (UNU)

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