Infrastructure Investments in Developing Economies : The Case of Vietnam

This book aims to provide knowledge on how infrastructure is planned and built in a typical developing country, and what key variables are there in the system limiting the efficient use of public investments in infrastructure. The book begins with a comprehensive literature review on construction and economic development, and trade and economic development. The focus of the book is on the case of Vietnam, with lessons drawn for other developing economies. The book employs the mixed use of data to provide a stronger basis for analysis and interpretation of related government policies. Based on the research findings, the book recommends significant capacity building work for Vietnam to develop capacities that would remove constraints on the efficient use of public investments in infrastructure. The general principles of significant capacity building work which are useful for policy implications are introduced in the book. Analysts, academics, public and private communities in developing countries can adopt the research findings as guiding principles to bring about changes in their current use of public investments in infrastructure, thus supporting their trade and economic growth in the long term. Front Matter....Pages i-xiv Introduction....Pages 1-9 Theories of Economic Development....Pages 11-26 Construction and Economic Development....Pages 27-51 Trade and Economic Development....Pages 53-66 Public Investments in Infrastructure for Trade and Economic Development....Pages 67-80 Vietnam—Economic, Trade and Infrastructure Overview....Pages 81-133 Research Methodology....Pages 135-155 Data Analysis and Discussions....Pages 157-211 Conclusions....Pages 213-236 Back Matter....Pages 237-258