Light Manufacturing in Vietnam: Targeted Policies to Enhance Private Investment and Create Jobs (Directions in Development): Creating Jobs and Prosperity in a Middle-Income Economy - Softcover
Synopsis
Based on a wide array of quantitative and qualitative techniques, Light Manufacturing in Vietnam identifies key constraints on manufacturing enterprises in Vietnam and evaluates differences in firm performance across China and Vietnam. The authors argue that, to continue on the high economic growth path of the past, Vietnam needs to address fundamental structural issues in the manufacturing sector that have been masked by this growth. Furthermore, addressing these issues would also help Vietnam move up the higher-value added chain and avoid the middle-income trap that other East Asian economies have experienced.
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Light Manufacturing in Vietnam : Creating Jobs and Prosperity in a Middle-income Economy
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World Bank Publications, 2014
ISBN 10: 1464800340
ISBN 13: 9781464800344
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Light Manufacturing in Vietnam : Creating Jobs and Prosperity in a Middle-income Economy
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Light Manufacturing in Vietnam
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World Bank Publications, US, 2014
ISBN 10: 1464800340
ISBN 13: 9781464800344
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Paperback. Condition: New. Light Manufacturing in Vietnam makes the case that, if the country is to continue along a rapid economic growth path and create jobs, it must undertake a structural transformation that can lift workers from low-productivity agriculture and the mere assembly of imported inputs to higher-productivity activities. Vietnam needs to address fundamental issues in the manufacturing sector that, until now, have been masked by economic growth. The book shows that there is a dichotomy between domestic enterprises and enterprises supported by foreign direct investment. The dominant state-owned enterprises and foreign-invested firms are often not integrated with smaller, domestic firms through backward or forward links in the use of domestically produced inputs or intermediate products. Growth in the domestic light manufacturing sector has arisen from the sheer number of micro and small enterprises rather than from expansion in the number of medium and large firms. As a consequence, final products have little value added; technology and expertise are not shared; and the economy has failed to move up the structural transformation ladder. This structure of production is one of the reasons Vietnam's rapid process of industrialisation over the last three decades has not been accompanied by a favourable trade balance. Policy measures to address problems in competitiveness in Vietnam must confront the dual structure of the light manufacturing sector, while raising the value added in the industry. To that end, measures must be taken to nurture the expansion of small domestic firms, while helping these firms to achieve greater productivity through trade integration. This will require improvements in labour skills and technology and in the quality and variety of products able to compete with imports. Seller Inventory # LU-9781464800344
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Light Manufacturing in Vietnam: Creating Jobs and Prosperity in a Middle-Income Economy (Paperback or Softback)
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World Bank Publications 1/25/2014, 2014
ISBN 10: 1464800340
ISBN 13: 9781464800344
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Light Manufacturing in Vietnam - Creating Jobs and Prosperity in a Middle-Income Economy
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Light Manufacturing in Vietnam: Targeted Policies to Enhance Private Investment and Create Jobs
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Light Manufacturing in Vietnam: Targeted Policies to Enhance Private Investment and Create Jobs (Directions in Development): Creating Jobs and Prosperity in a Middle-Income Economy
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World Bank Publications 2013-12-30, 2013
ISBN 10: 1464800340
ISBN 13: 9781464800344
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Light Manufacturing in Vietnam: Creating Jobs and Prosperity in a Middle-Income Economy (Directions in Development - Private Sector Development)
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Light Manufacturing in Vietnam: Targeted Policies to Enhance Private Investment and Create Jobs (Directions in Development): creating jobs and prosperity in a middle-income economy
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Condition: New. Based on a wide array of quantitative and qualitative techniques, Light Manufacturing in Vietnam identifies key constraints on manufacturing enterprises in Vietnam and evaluates differences in firm performance across China and Vietnam. Series: Directions in Development. Num Pages: 144 pages, black & white illustrations, black & white tables, figures. BIC Classification: KJS; KND; KNS. Category: (G) General (US: Trade). Dimension: 260 x 178 x 8. Weight in Grams: 318. . 2013. Illustrated. paperback. . . . . Seller Inventory # V9781464800344
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Light Manufacturing in Vietnam : Creating Jobs and Prosperity in a Middle-income Economy
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