Class # 1. Role and Size of the Public Sector (Huynh The Du)
*Joseph E. Stiglitz and Jay K. Rosengard (2015), Chapter 1, 2, 3 & 7
*Huynh The Du (2013), The role and the nature of the state, (excerpted from "Interpreting Socialist-oriented Market Economy in Vietnam"
POLICY MEMO #1 (THE BIG DIG) DISTRIBUTED
Class #2. Political Economy of the Public Sector
*Huynh The Du and Do Thien Anh Tuan (2014), Public Investment and Problem of "Lobster" Budget
*Joseph E. Stiglitz & Jay K. Rosengard (2015), Chapter 9.
Alan Altshuler and David Luberoff (2003), Chapters 3, 8.
Xuan Trung – Quang Thien (2005), Dumping coal, Excerpt in Nights before Doi Moi, Tuoi Tre Newspaper (distributed in class)
The course examines the roles and choices of government as well as local governments in the economy in terms of mobilizing and allocating resources from different levels of government; analyzes the objectives and the tradeoffs between economic efficiency and social justice, examines the principles of choice and decision. The course also provides students with tools and analytical frameworks for evaluating government investment and spending programs.
Specifically, after finishing the course, students will:
- Understand the role of the public sector in relation to the market;
- Understand revenue and expenditure policies and decentralization of budgets among different levels of government
- Analyze and evaluate aspects of fiscal policy;
- Participate in the discussion and evaluation of the Government's public finance reform program;
- Apply public finance principles to the context of Vietnam's policy and practice.