The policy of green economy in developing countries and policy implications for Vietnam
Nguyen, Thi Phuong loan (2017)
2017
Hallintotieteiden tutkinto-ohjelma - Degree Programme in Administrative Studies
Johtamiskorkeakoulu - Faculty of Management
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Hyväksymispäivämäärä
2017-12-19
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:uta-201801161061
https://urn.fi/URN:NBN:fi:uta-201801161061
Tiivistelmä
Green economy is emerging as a new development trend in the World because the global economy is facing environmental and ecosystem risks. For developing economies, green economy is seen as an opportunity and an optimal choice to change the conventional economic growth model towards sustainable development. Therefore, the research topic "The policy of green economy in developing countries and policy implications for Vietnam" is chosen for this study. This study aims to clarify the concept of green economy and to examine green economy policy in developing countries, with a particular focus on Vietnam. In addition, this research suggests policy implications to promote the implementation of green economy policy in Vietnam in general and the Vietnam Green Growth Strategy for the period 2011-2020 and the vision to 2050 in particular.
This study is a qualitative study. The study is carried out by collecting documents on the implementation of green economy internationally and in Vietnam, and by conducting five in-depth interviews with experts in this field. The research data is analyzed using qualitative content analysis as a method. The analysis applies SWOT analysis to identify both internal and external factors that impact to the process of greening the economy in Vietnam.
As a result, the study identifies the characteristics of green economy policy in developing countries, the role of green economy in addressing main challenges related to environmental issues, poverty reduction, social equity and sustainable development objectives. The findings about the green policy in Vietnam show that the term "green growth" is used in the Vietnam Green Growth Strategy but, the definition of green growth has not been clearly and fully mentioned in the strategy as well as the policy documents of green economy in Vietnam. Although Vietnam has introduced the Vietnam Green Growth Strategy, it does not guarantee a successful transition of green economy or green growth. It requires both well-designed policy and the best implementation in practice. Moreover, taking of competitive advantages in transforming and developing green economy by sectors as well as promoting the shift to green production is still limited in Vietnam.
This study suggests the following policy implications to promote the realization of the Vietnam Green Growth Strategy including raising awareness of green economy, improving the institutions and policies to promote green economy, accelerating economic restructuring, reforming economic growth model, considering the priority sectors and localities to pilot green economy and the national set of indicators for green economy as well as strengthening international cooperation and the involvement of private sector and other stakeholders in the transition.
It can be said that the study has significantly contributed to theory and practice in terms of raising awareness and understanding of green economy, especially in designing and implementing the green policy in general and Vietnam Green Growth Strategy in particular in Vietnam.
In terms of future research, the study can be considered as a theoretical study combined with the interesting practice for carrying out further studies relating to measure green economy or greening sectors towards green economy.
This study is a qualitative study. The study is carried out by collecting documents on the implementation of green economy internationally and in Vietnam, and by conducting five in-depth interviews with experts in this field. The research data is analyzed using qualitative content analysis as a method. The analysis applies SWOT analysis to identify both internal and external factors that impact to the process of greening the economy in Vietnam.
As a result, the study identifies the characteristics of green economy policy in developing countries, the role of green economy in addressing main challenges related to environmental issues, poverty reduction, social equity and sustainable development objectives. The findings about the green policy in Vietnam show that the term "green growth" is used in the Vietnam Green Growth Strategy but, the definition of green growth has not been clearly and fully mentioned in the strategy as well as the policy documents of green economy in Vietnam. Although Vietnam has introduced the Vietnam Green Growth Strategy, it does not guarantee a successful transition of green economy or green growth. It requires both well-designed policy and the best implementation in practice. Moreover, taking of competitive advantages in transforming and developing green economy by sectors as well as promoting the shift to green production is still limited in Vietnam.
This study suggests the following policy implications to promote the realization of the Vietnam Green Growth Strategy including raising awareness of green economy, improving the institutions and policies to promote green economy, accelerating economic restructuring, reforming economic growth model, considering the priority sectors and localities to pilot green economy and the national set of indicators for green economy as well as strengthening international cooperation and the involvement of private sector and other stakeholders in the transition.
It can be said that the study has significantly contributed to theory and practice in terms of raising awareness and understanding of green economy, especially in designing and implementing the green policy in general and Vietnam Green Growth Strategy in particular in Vietnam.
In terms of future research, the study can be considered as a theoretical study combined with the interesting practice for carrying out further studies relating to measure green economy or greening sectors towards green economy.