Professor Edmund Malesky from Duke University, Dr. Neil McCullock from Oxford Policy Management and
Dr. Nhat Nguyen Duc from VIETSURVEY newly published their article on Economics of Transition.Constructing
a panel of Vietnamese enterprises between 2006-2010, the authors have matched an unique data set on both sides
of crucial function which investigate the causality between local governance, transparency and private investment.
The paper contributes to the literature with their key findings that transparency with special regards to the public
posting of planning documents is highly associated with the higher investment. The relationship between the private
investment and the other forms of traditional governance aspects are found however insignificant. The paper
provides foods for thoughts and challenges the orthodoxy approach of international development partners who urge
the developing economies to reform governance comprehensively to induce investment.The paper can be found at
Economics of Transition Journal, Volume 0 (0) , 2015 1-39, DOI 10.1111/ecot 12068 and the working version titled
“Does Better Provincial Governance Boost Private Investment in Vietnam?” can be downloaded free from IDS
Working Paper Series website.
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