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Vietnam at a crossroads - engaging in the next generation of global value chains (Paperback)
Loot Price: R1,242
Discovery Miles 12 420
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Vietnam at a crossroads - engaging in the next generation of global value chains (Paperback)
Series: Directions in development
Expected to ship within 10 - 15 working days
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Vietnam is at a crossroads. It can grow as an export platform for
GVCs, specialising in low value-added assembly functions with
industrialisation occurring in enclaves with little connection to
the broader economy or society; or it can leverage the current wave
of growth, enabled and accelerated by its successful participation
in GVCs, to diversify and move up the chain into higher value-added
functions. Success will require Vietnam's policymakers to view the
processes of development differently, and to take new realities of
the global economy more fully into account. The purpose of this
volume is to support Vietnam's path to economic prosperity by
identifying policies and targeted interventions that will drive
development through leveraging GVC participation that take major
shifts in trade policy and rapid technological advances in ICT into
account. The volume is based on a compilation of studies completed
by World Bank staff and external consultants in 2015 supporting the
"Enabling Economic Modernization and Private Sector Development"
chapter of the Vietnam 2035 report. The objective of these studies
was to diagnose Vietnam's current participation in GVCs, visualise
where Vietnam could be by 2035 in the context of a changing global
environment, and identify the policy actions needed to get there.
The studies also supported topics related more broadly to export
competitiveness, including firm-level productivity, services, and
connectivity. It then identifies targeted strategies and policy
interventions that will help overcome challenges, minimize risks,
and maximize opportunities. Readers will gain a strong
understanding of Vietnam's current and potential engagement with
GVCs - and will learn about strategic GVC policy tools that can
help developing countries achieve economic prosperity in the
context of compressed development
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