Industrial policy reforms for political risk management? Understanding the evolution of automotive industrial policies in Vietnam
Bibliographic Data
| ID | 12716925 |
|---|---|
| Authors | Yonghun Beak (Dankook University), Yong-Hun Beak (Dankook University), Ki-Hyun Bae (0000-0001-8863-8188, Institute for East Asian Studies, Sogang University, Seoul, South Korea, corresponding author), Han-Woo Lee (Institute for East Asian Studies, Sogang University, Seoul, South Korea) |
| Year | 2022 |
| Volume | 19 |
| Issue | 8 |
| Pages | 1225-1240 |
| Publication date | 2022-03-16 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Globalizations (JOURNAL) |
| Journal identifiers | ISSN: 1474-7731 • E-ISSN: 1474-774X |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/14747731.2022.2048472 |
| OpenAlex | W4220706792 |
| Language | EN |
| References cited | 24 |
This paper discusses how outward-oriented industry policies are made or changed in Vietnam, an illiberal state facing a rapidly liberalizing global economy, using the case of Vietnam’s automotive sector as a spearhead sector for industrialization. It provides a new perspective by highlighting collective concerns among state elites in Vietnam, a relevant but relatively overlooked factor in understanding key industrial policy reforms in Vietnam. Specifically, this study argues that the positional characters of Vietnam as an illiberal non-major state in the international asymmetrical liberal order help us see when policy reforms, particularly in outward-oriented industries, are likely to be initiated and in what forms or in what directions changes can be made. Drawing on conceptual discussions of conflicting concerns among the illiberal state elites governing developing countries in a liberalizing global economy, this paper discusses how closely major policy reforms in automotive sector are aligned with elites’ interests in reducing these dual concerns in a balanced way
Automotive industry · Economic system · Economics · Industrial policy · Industrialisation · Market economy · Order (exchange · Political economy · Political science · Politics · State (computer science · Structural adjustment · Asian Industrial and Economic Development · Engineering · Global trade and economics · International Development and Aid
The Rise of “The Rest”
State-Directed Development
Null
The Strategic Vision behind Vietnam's International Trade Integration
The Myth of a Centralised Socialist State in Vietnam
Present but not Powerful
Viet Nam and the making of market-Leninism
Neither left-out nor pushed-over
Globalization and national governance
Embedded mercantilism and open regionalism
Vietnam–Asean Co‐operation after the Cold War and the Continued Search for a Theoretical Framework
International Socialization in the New Europe
The Genesis, Design and Effects of Regional Institutions
Legalization as Strategy
Developmentalism with Vietnamese Characteristics
Driving Development? The Problems and Promises of the Car in Vietnam
| Highly cited | No |
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