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Public Debt Management and Its Impact on Economic Development: The Case of Vietnam

  • THI, Phuong Lan Vo
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.9
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    • pp.283-289
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    • 2022
  • Public investment is the process of investing capital in projects that serve national interests and thereby create a driving force for economic development in each country. Especially in developing countries, investment capital is limited, so improving the efficiency of public investment becomes a decisive factor for economic development and enhancing the country's status and ultimately making the country a should be rich. Vietnam has a low starting point, has gone through the doi moi process, and has gradually become a middle-income country, and public investment is attracting attention to improve the quality of the country's infrastructure. The objective of this study is to evaluate the factors affecting the effectiveness of public debt management in Vietnam, through a survey of 150 experts with knowledge of public investment and public debt management, using the results of the estimation through the Using SPSS software, the research results show that the monitoring system and human resource quality have an impact on the effectiveness of public debt management. The study could not, however, discover any proof of the influence of institutional quality, geographic location, or accountability on the effectiveness of public debt management. The research also addresses several policy recommendations for Vietnam that would help the country manage its public debt better in the future.

Trade Coordination in Free Trade Agreements and Customs Unions

  • Nahm, Sihoon
    • Journal of Korea Trade
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    • v.23 no.3
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    • pp.84-104
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    • 2019
  • Purpose - This paper explains why free trade agreements (FTAs) are more popular than customs unions (CUs) in respect of tariff coordination. Design/methodology - This paper employs an equilibrium theory of trade agreements with tariff coordination. I set up three-country partial equilibrium model with competing exporters. Domestic and exporting firms decide their optimal production under given tariffs and each country levies its tariff under the trade agreements. I found stability of implicit tariff coordination and preference of each country between an FTA and a CU. Findings - I demonstrate that two FTA members can keep their external tariffs higher than separately decided external tariffs by keeping the status-quo. This implicit tariff coordination can benefit each member through trade diversion. In a CU, each member country must have a common optimal external tariff and it must incur costs because each country may seek different external tariffs for their own national welfare. The benefit of implicit coordination in an FTA and the cost of explicit coordination in a CU account for the popularity of the FTA. Originality/value - This paper uses the idea of implicit tariff coordination in trade agreements. In a CU, tariff coordination is explicit and mandatory. All member countries must have a single common external tariff for each good. On the other hand, in an FTA, each country establishes its external tariff with the goal of maximizing its own welfare. However, each country can also coordinate "implicitly" by keeping the status-quo after establishing an FTA.

The Effect of Conflict Experiences of Those Who Returned to Farming and Country Affected the Relation with Residents, Satisfaction of Movement and Community Participation Rate - The Case of Returned to Farming and Country of Uiryeong-gun, Gyeongsangnam-do - (귀농·귀촌인의 갈등경험이 주민관계, 이주 만족도, 지역사회 참여에 미치는 영향 - 경상남도 의령군 귀농·귀촌인을 대상으로 -)

  • Jun, Mi-Ri
    • Journal of Korean Society of Rural Planning
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    • v.28 no.3
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    • pp.61-72
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    • 2022
  • This study was conducted to understand how the conflict experiences of those who returned to farming and country affected the relation with residents, satisfaction of movement, and participation rate in the community with 961 subjects that returned to farming and country in Uiryeong-gun. The study results are as follows. First, 15.6% of them experienced the conflicts with original residents. Second, there were differences in experiencing conflicts by the type of movement. Those who returned to farming and country from urban areas showed more experiences of conflicts with original residents than those from Uiryeong or rural areas. Therefore, it is necessary to educate those from urban areas on the detailed conflict cases and countermeasures against the conflicts. Third, those who returned to farming and country with conflict experiences showed more negative perception on the relation with residents, and lower satisfaction level on their returning. Fourth, negative correlation was found between conflict experiences and relation with residents, demonstrating lower satisfaction on the returning and participation in the community as they perceived the relation with residents more negatively. These study results can be utilized as the basic data to establish the future policies on the supports for settlement of returning to farming and country.

Dual Network Embeddedness of the Host Country, Organizational Improvisational Capability, and International Entrepreneurial Performance

  • Qixia Du;Yeong-Gil Kim
    • Journal of Korea Trade
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    • v.27 no.4
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    • pp.61-76
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    • 2023
  • Purpose - Along with emerging international entrepreneurship, there is a need for exploring the influencing mechanism of dual network embeddedness of the host country on international entrepreneurial performance. Drawing on network embeddedness theory and organizational improvisational theory, the present study constructs a theoretical model regarding the logic relationships between the dual network embeddedness of the host country, organizational improvisational capability, and international entrepreneurial performance. Design/methodology - Using a questionnaire survey, our study conducted data in two ways. The final research sample comprised 129 international new ventures. To test the hypotheses, a three-step mediation test method was conducted. Findings - Our empirical results suggested that both host-country social network embeddedness and industrial network embeddedness significantly affected the international entrepreneurial performance. Organizational improvisational capability significantly affected the international entrepreneurial performance. Third, organizational improvisational capability partially played mediating role in the relationship between the dual network embeddedness of the host country and international entrepreneurial performance. Originality/value - This study mainly concentrates on the two important types of host-country networks, host-country social network embeddedness and industrial network embeddedness, that may help international new ventures access the strategic resources necessary to support performance. Thus, it extends the existing network embeddedness theory and improvisational theory to encompass international entrepreneurship.

Effects of Animosity against a Product's Country-of-Origin: An Examination of Moderating Factors (제품 전형성 및 원산지와 제조국 일치여부에 따른 원산지 적개심 효과)

  • Hong, Sung-Tai;Kang, Dong Kyoon;Lee, Myung Whan
    • Asia Marketing Journal
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    • v.10 no.4
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    • pp.65-98
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    • 2009
  • The present study purposed to examine empirically the effects of animosity against a product's country of origin on product evaluation, attitude and purchase intention. For this study, we conducted an experiment of 316 university students in the Metropolitan area. The results of this study suggest that the negative influence of animosity against the country-of-origin on attitude and purchase intention was higher for low-typicality products than for high-typicality ones. This result suggests that the negative influence of animosity against a specific country is not equal among all products from the country, but can vary among the products. For products manufactured in a country other than the country-of-origin, the negative influence of animosity against the country-of-origin did not decrease. This result means that, even for multinational products, animosity against the country-of-origin can have a negative influence on the consumers' response to the products. Based on major findings of this study, both academic and practical issues are discussed. Suggestions for future studies are provided.

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Captial to coming to country and country not coming up to capital (시골로 내려온 서울, 서울로 오르지 못한 시골)

  • Shin, Young-Myoung
    • Sijohaknonchong
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    • v.26
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    • pp.77-91
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    • 2007
  • This paper aims to compare meaning of the poetry called 'capital to coming to country' with the poetry called 'country not coming up to capital'. The poetry which have the garden and pastoral imagery is linked with the poetry called 'capital to coming to the country'. In contrary the poetry which have the farm imagery is linked with the poetry called' country not coming up to the capital'. The 'sajok' is the author of the nature poetry. To study the nature poertry in 17 and 18 centuries, it is necessary to the political, social and economical position of the 'sajok'.

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A Study on the Re-purchase Intention and Country-of-Origin Effect for Vietnam's Country Image (베트남의 국가이미지에 따른 원산지 효과와 재구매 의도에 관한 연구)

  • Lee, Je-Hong
    • International Commerce and Information Review
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    • v.14 no.1
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    • pp.23-46
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    • 2012
  • The purpose of this study to measure the re-purchase intentions and country-of-origin effect in the Vietnam's image. This study was used to analysis the questionnaire date as SPSS ver. 12.0 statistical package. The major result of article can be summarized as follows. The factors of this study have been divided into 'political image', 'social image', 'cultural imge', 'economical image', and 'international image'. In the empirical result of the article, the country-of-origin effect for the Vietnam's country image would be shown in the results as the fellow. The first, 'cultural image', 'economical image', 'international image' are significantly positive country-of-origin effect. The second, 'political image', 'social image' are not as significantly positive statistically speaking. Also, country-of-origin effect show significantly positive re-purchase intention.

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A Study of Country Image, Consumer Attitude and its Impact on International Service Use Intention of Chinese Consumers -Focusing Medical Service- (국가이미지와 국가에 대한 태도 및 서비스에 대한 태도가 중국 소비자들의 외국계 서비스이용 의도에 미치는 영향에 관한 연구 -의료서비스를 중심으로-)

  • Chang, Young-Il;Kim, Kyoung-Hwan
    • Management & Information Systems Review
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    • v.31 no.2
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    • pp.173-197
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    • 2012
  • The purpose of this study is to analyse the country image, the country attitude, the medical service attitude and the use intention about international medical service market in china and how these factors are related to one another. Data were collected from 609 chinese consumers who have known international medical service. We found the country image about international medical service institute has direct relation to the country attitude, the medical service attitude and use intention. And the country attitude influences the medical service attitude and use intention. However the medical service attitude of international medical service is not related to use intention. For a successful international medical service business, marketer should recognize that it is important to formulate the policy using the country image as well as the corporation image.

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Comparison of the Lighting Environment in Study Rooms for Juveniles between the City and the Country

  • Kim, Hyun-Ji;Jeon, Gyeong-Seon;An, Ok-Hee
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.23 no.7
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    • pp.1-7
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    • 2009
  • The research aims at providing data needed for planning the lighting of a study room by comparing the lighting environments of study rooms for urban and rural juveniles. The subject of the research was 300 students in middle schools in Daegu and Checngdo-gun, Gyeongsangbuk-do (Daegu 150 houses and Cheongdo 150 houses), and their study rooms were examined. The following is the result of the research. First, rural students stayed more time in their study room than urban students. The task that rural students (studying) and urban students (studying and using computer) all did in their study room was mainly visual work Second, although the sizes of rural study rooms were bigger than those of urban study rooms, urban study rooms had more light sources than rural study rooms. In the rate that of having a task lighting, the city(87.1[%]) was higher than the country (45.7[%]). However, the rate of using a task lighting was lot high in both the city and the country. Third, the result that compared the average values of illuminations on desk planes was that the average value of the city was 3.4 times higher than that of the country. Also, the average value of the country did not meet the standard illumination of Korean industrial standards (KS). In particular, it did not reach the lowest standard. The result is related with that only 52[%] of students who had a task lighting used it. Finally, the satisfaction of lighting environment in the city was generally higher than the country. Especially, although the country had a low illumination, the user showed a high satisfaction. It indicates that people living in the country need to understand about the needs of illumination.

The Influence of Public Diplomacy with Social Media on Country Image and Country Brands -Focusing on Cultural Contents- (소셜 미디어를 이용한 공공외교가 국가이미지와 국가 브랜드에 미치는 영향에 관한 연구)

  • Choi, Yong-Seok;Kim, Hyo-Mi
    • The Journal of the Korea Contents Association
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    • v.16 no.3
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    • pp.426-438
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    • 2016
  • The purpose of this study was to examine whether or not social media could have influence upon diplomatic activities and become effective means of diplomatic communication, focusing on the communication channel of public diplomacy. Study subjects were 301 foreigners from 42 countries in 7 continents, and influencing relationship among the fondness of social media-utilized public diplomacy cultural contents, country images and country brands was examined, together with its effectiveness. The results attained are as follows: First, all independent variable except interactivity and immediacy had significant influencing relationship with the fondness of public diplomacy cultural contents. Second, the fondness of public diplomacy cultural contents had significant influence upon country images, whereas country images had significant influence upon the fondness of country brands and the loyalty of country brands. Based on study findings, the influence of social media as effective means of communication of public of diplomacy policy in the 21st century was confirmed. In addition, This study contribute to expansion of public diplomacy research area from pre-exisiting study and provide basic information to future activities.