Publication:
Viet Nam 2045 - Breaking Through: Institutions for a High-Income Future

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dc.contributor.authorWorld Bank
dc.date.accessioned2025-05-22T19:57:53Z
dc.date.available2025-05-22T19:57:53Z
dc.date.issued2025-05-22
dc.description.abstractWhile Viet Nam’s institutions may not have the forms that exist in other countries, it is the functions of institutions, rather than specific forms, that are important. This study adopts a framework based on the functions of institutions in the quest to support an evolving role of the state: market-creating, market-stabilizing, market-regulating, market-complementing, and market-legitimizing institutions, as well as the institutions for a capable and accountable state. Part I of this study will first survey the landscape of institutions in Viet Nam according to this framework. Some institutions may be essential for growth in the long term, but do not seem to be binding constraints to Viet Nam’s growth. Others are more foundational and will be the subject of deeper dives in Parts II and III of this report: those for a growth-supporting state (market-complementing and market-regulating) and those for the state’s capability to deliver with efficiency and accountability. This emphasis is also consistent with the experience of countries that escaped the middle-income trap—many of which did so by improving the predictability of the implementation of laws, by boosting quality and quantity of public investment, and by improving the quality and motivation of their public administration.en
dc.identifierhttp://documents.worldbank.org/curated/en/099051625142589757
dc.identifier.doihttps://doi.org/10.1596/43233
dc.identifier.urihttps://hdl.handle.net/10986/43233
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectINSTITUTIONS
dc.subjectPUBLIC INVESTMENT
dc.subjectREGULATIONS
dc.subjectLOCAL GOVERNANCE
dc.titleViet Nam 2045 - Breaking Throughen
dc.title.subtitleInstitutions for a High-Income Futureen
dc.typeReport
dspace.entity.typePublication
okr.date.disclosure2025-05-22
okr.date.doiregistration2025-05-24T02:18:44.965127Z
okr.date.lastmodified2025-05-22T19:05:19Zen
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::General Economy, Macroeconomics and Growth Study
okr.docurlhttp://documents.worldbank.org/curated/en/099051625142589757
okr.guid099051625142589757
okr.identifier.docmidP178784-496f2dbe-7a22-44eb-bae4-bf91c312d4e6
okr.identifier.externaldocumentum40013957
okr.identifier.internaldocumentum40013957
okr.identifier.report201459
okr.import.id7442
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttps://documents.worldbank.org/curated/en/099051625142589757/pdf/P178784-496f2dbe-7a22-44eb-bae4-bf91c312d4e6.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryViet Nam
okr.sectorPublic Administration
okr.themePublic sector governance::Other public sector governance
okr.topicGovernance::Governance and the Financial Sector
okr.unitEFI-EAP-MTI-MacroFiscal-1 (EEAM1)
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