Comparative policy analysis reveals that public-private collaboration drives economic reform across Vietnamese provinces, indicating alignment between business and state fosters growth.
Allowing provinces to find their own way forward was central to Vietnam's progress in institutional and economic development. This article examines who drives this process of economic reform and finds that, in those provinces making the most progress, the private sector played an important role, not against, but with government. Both national and foreign enterprises played a role, but small enterprises tended to be marginalised. Some of the best insights come from comparing provinces and observing how different alignments of interest influenced the reform process.
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Schmitz et al. (2015) studied this question.
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