Contents

Establishment and Improvement of Market Economy System (EIMES) for State Capacity and Sustainable Development in Vietnam

Economic System for Vietnam: Social Welfare System

Lee, Doo won / Park, Jin / Park, Ki Young / Choi, Yun Jeong / Park, Ji Young(Author)

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Abstract

The Vietnamese economy is similar to the Korean economy in the later half of the 1980s in terms of income and economic structure. Therefore, today’s policy makers in Vietnam has similar issues and problems policy makers in Korea had faced in the past. In particular, they concern about advanced human resource, public sector reform, and economic policies to upgrade their economic structure. This book compares today’s Vietnam to Korea’s past in five areas. Chapter 1 estimates developmental gap between two countries, and provides policy measures for Vietnam not to fall into middle-income-trap. Chapter 2 introduces concept of economic system, and analyze social welfare system. Korea has introduced social welfare system in the 1980s, and gradually expanded it. While health insurance system of Korea is evaluated as a success case, the national pension system is evaluated as a failure case. Based on Korean experiences, the author is providing policy suggestions for the Vietnamese social welfare system. Chapter 3 analyze prudent macroeconomic policies for economic growth and financial market development. In particular, based on two economic crises Korea had experienced, the author suggests macroprudent capital flow, prevention of household debt, and effective way to utilize foreign capital. Chapter 4 emphasizes fair competition, SOE reform, and improving international competitiveness of private sector. Also, it introduces ways to set up effective industrial policies. Chapter 5 analyze labor market and aims to make flexible and secure labor market. It suggests to establish the three party committee between labor, manager, and government. Also, it emphasizes the importance of re-training.

Issue Date
2020-12
Publisher
연세대학교
Contents
Abbreviation
Executive Summary
Author : Doowon Lee

CHAPTER ONE :
Developmental Gap between Vietnam and Korea
Author : Doowon Lee
Ⅰ. Introduction 38
Ⅱ. Measuring the Developmental Gap 40
Ⅲ. The Vietnam Economy and the MIT 52
Ⅳ. Conclusion

CHAPTER TWO :
Economic System for Vietnam: Social Welfare System
Author : Jin Park
Ⅰ. Introduction
Ⅱ. Current Standing in Vietnam
Ⅲ. Korea’s Social Welfare System (Prof. Jin Park, Daemyeong Kwon)
Ⅳ. Current plan for the Social Welfare System in Vietnam
Ⅴ. Vietnam’s Vision and Reform (Prof. Jin Park and Dr. Phan Thi Song Thuong)
Ⅳ. Conclusion

CHAPTER THREE :
Indentifying and Promoting Sound Economic Policies for Growth and Financial Market Development
Author : Ki Young Park
Ⅰ. Introduction
Ⅱ. Evaluating the Current State of the Vietnamese Economy and Financial Markets
Ⅲ. Capital Market Liberalization
Ⅳ. Policy Recommendation
Ⅴ. Conclusion

CHAPTER FOUR :
Enhancing the Industry Ecosystem in Vietnam
Author : Yun Jeong Choi
Ⅰ. Introduction
Ⅱ. Enhancing the Competitiveness of State-Owned Enterprises
Ⅲ. Enhancing the Industrial Competitiveness
Ⅵ. Fostering a Level Playing Field and Fair Competition
Ⅴ. Conclusion

CHAPTER FIVE :
Sustainable Welfare for Labor Market: Labor Flexibility and Employment Protection
Author : Ji Young Park
Ⅰ. Introduction
Ⅱ. Conceptual Framework
Ⅲ. Labor Market Policy in Vietnam: Labor flexibility
Ⅵ. Experiences of South Korea
Ⅴ. Policy Recommendations

Appendices
References
Index
Author
Pages
456
Series Title
DEEP (Development Experience Exchange Partnership) for the Vision of Vietnam Vol.3
URL
https://press.yonsei.ac.kr/info/search_detail.asp?idx=1983
ISBN
978-89-6850-379-5
Language
ENG
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