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Bài giảng Kinh tế phát triển: Quản lý nguồn lực ở Việt Nam (Slide thầy NH Bảo UEH)

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Nguyen Hoang Bao
University of Economics
Ho Chi Minh City, Vietnam


• There are 4 gaps in Vietnam: Sgap.
• Human resource, financial resource, physical resource, natural
resources, social resource, and cultural resource are not only
shortage, but also being underutilized.
• Utilization of all resources is based on many groups of factors,
such as institution, education, and reform initiatives.


1
2
3
4

Concepts
Theoretical framework
Empirical studies of Asian Countries
Policy implications for Vietnam










Human resource
Financial resource
Physical resource
Natural resource and environment
Social capital/resource
Cultural capital/resource



Human resource
• Human resource is one of four factors of production
(land, capital goods, human capital, and technology)


Physical capital
• Physical capital refers to any non–human asset made
by humans and then used in production


Natural resource management
and environment
• Exists relatively undisturbed by mankind, in a natural
form and is characterized by the amount of
biodiversity existent in various ecosystems.
• How to manage land, water, soil, plants, and animals
in order to improve quality of life for both present
and future generations.



Social capital
• Facilitate co–operation and mutually supportive
relations in communities and nations (Putnam, 1993).
• Access to information and skill sets and enhanced
power (Uzzi & Dunlap, 2005).
• Facilitate individual or collective action, generated by
networks of relationships, reciprocity, trust, and social
norms (James Coleman, 1988).


Cultural capital
• Knowledge (worldview, technology, social structure)
• Values (Truth of Asia, truth of Vietnam)
• Norms


Agenda
1
2
3
4

Concepts
Theoretical framework
Empirical studies Asian Countries
Policy implications for Vietnam


Comparative analysis of natural resources
and other resources for development

a)
b)
c)
d)
e)
f)
g)

Accumulation
Tangible and intangible assets
Worn–out and value–added
Multi–purposes
Calculate discount rate
Transformation
Maintain


Comparative analysis of natural resources
and other resources for development
Human Financial Physical Natural Social
Cultural
resource resource resource resource resource resource
Accumulation



Tangible assets


















Worn–out



Multiplicity of uses





Discount rates






Transformation





Maintainability





























Agenda
1
2
3
4

Concepts
Theoretical framework
Empirical studies Asian Countries
Policy implications for Vietnam


Growth rate of GDP per capita of some countries
(fixed price of year 2000)
1960 – 1984

1984 - 1997

1997 – 2006

1960 – 2006

Philippines

1.7


1.3

2.2

1.4

Pakistan

3.0

2.0

2.2

2.7

India

1.5

3.3

4.7

2.8

Indonesia

3.7


5.1

2.7

3.6

Vietnam

na

4.3

5.2

na

Malaysia

4.3

4.9

2.9

3.9

Thailand

4.6


6.4

3.6

4.7

China

3.8

7.9

7.6

6.1

South Korea

5.6

6.6

4.5

5.6

Japan

5.5


2.4

1.1

3.8

United States

2.3

1.8

1.6

2.2

Source: World Development Indicators 2008


Comparative labor force utilization

Source: Economic Intelligence Unit (2008)


Comparative labor productivity

Source: Asia Community Research Center (2008)



Comparative prosperity performance

Source: Economic Intelligence Unit (2008)


Stage of development
GDP per capita
Sustainable development
(Korea, Singapore)

Primary market economy
Unsustainable development
(Philippines, Indonesia)
Traditional society

time


Philippines
• Gave no incentive to absorb modern technology and
improving productivity.
• Constrained business environment and international
competitiveness (Aldaba, 2002).
• High costs of business/Corruption/Political patronage
• After Marco regime, country is more democratic,
opportunity equality, but instability institution (As a
result, country did not receive Japanese investment
(lack of international resource) (Pritchett, 2003).



Indonesia
• Indonesia belongs to East–Asia Miracle (WB, 1993). Country
was severe impacts of financial crisis 1997. Required 8 years
to recovery to the year 1997! And then slow economic growth.
• Before 1980: do not intervene market/create market–
friendly/protect infant industry to exports.
• Crony capitalism (Suharto regime)
• Corruption (Hall, 2000)
• Unchecked authority


China
• Town–Village Enterprises (TVEs) (1985–2004)
• Foreign direct investment: $0 (1978), $1.66 bil
(1985), $3.49 bil (1990), $37.5 bil (1995), $40.72 bil
(2000), $60.33 bil (2005), $ 69.47 bil (2006)
• Chinese overseas


Chinese industrial output categorized by
ownership (1970– 1999) (%)
Year

State–owned

Cooperative

Private

Others


1970

87.61

12.39

0

0

1978

77.63

22.37

0

0

1984

69.09

29.71

0.19

1.01


1996

36.32

39.39

15.48

16.65

1999

28.21

35.37

18.18

26.14

Source: Fulbright Economics Teaching program (2008)


Chinese industrial output categorized by
ownership 2005
Number of
enterprise

Gross output


Proportion (%)

(billion Chinese
Yuan)

State – owned

25339

2351.9

10.6

Joint – stocked

17427

2312.1

10.4

Cooperative

191869

1321.6

5.9


Private

902647

4970.5

22.4

Hong Kong

54910

2438.6

11.0

Foreign – owned

51255

4275.1

19.2

131816

4561.8

20.5


Others

Source: Fulbright Economics Teaching program (2008)


Chinese energy, raw material, and water
for one unit of GDP
 Energy (higher than Germany 4.9 times, Japan 4.3
times, and US 2.1 times)
 Raw materials (higher than US 10 times, Japan 20
times, Germany 6 times, and India 1.65 times)
 Water (higher than DCs 10 times)
Pollution 


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