ATTRACTING ODA CAPITAL TO DEVELOP SOCIAL SECURITY IN VIETNAM RESEARCH FROM AFFECTING FACTORS

Yıl 2020, Cilt: 4 Sayı: 3, 53 - 78, 31.12.2020

Nguyen Thi Hoai Phuong Nguyen Viet Cuong Phan Thu Trang

Öz

Social security is one of the most important issues in socio-economic manage-ment, especially in the current stage of integration and development. In recent years, Vietnam has been highly appreciated by the international community for many achievements in economic development associated with poverty reduction and social security. In the structure of capital for social welfare goals in Vietnam, capital gained through ODA plays an important role. However, the attraction of ODA capital to Vietnam in recent years still faces many difficulties. By using qualitative and quantitative research methods, this paper examines the impact of the factors affecting the attraction of ODA capital into Vietnam and offers possi-ble solutions to increase this source by the end of 2025. Depth interviews through open-ended questions were used to collect data from 06 Vietnamese or-ganizations receiving ODA and 05 institutions representing ODA sponsors such as WB; UNECF; USAIS; JICA… Basing on their answers, the authors contin-ued to ask questions to better exploit the factors affecting ODA attraction. The interviews were recorded and compared with each other to find the similarities or differences of each organizations and institutions. Consequently, the authors build measurement scales, questionnaires, and propose research models and hy-potheses. The research’s results show that the efficiency of using ODA is the most appreciated factor. It has a great impact on the ability to attract ODA to im-plement the goal of ensuring social security in Vietnam: when this factor is in-creased to 1 unit, the ability to attract ODA will increase to 0.222 units. Regres-sion analysis results of policies, strategies, institutions and legislations also sup-port the attraction of ODA. The target conformity between the donor and the recipient of ODA has a positive relationship with the attraction of ODA.

Anahtar Kelimeler

finance, ODA capital, social security, sustainable development

Kaynakça

• Antonio Tujan Jr (2009), “Japan’s ODA to the Philippines,”, The reality of Aid, Asia Pacific 2005.
• Boone, Peter, 1994, “The Impact of Foreign Aid on Savings and Growth,” Centre for Economic Performance Working Paper, 677, (London School of Economics).
• Bui Thi Minh Nguyet & Nguyen Thi Hoang Ai (2018), “Completing the management of ODA capital at the national center of clean water and rural envi-ronmental sanitation”, Journal of Technology and Forestry Science, No. 1, pp 211-218.
• Burnside, C., & Dollar, D. (2000), “Aid, Policies, and Growth”, The Ameri-can Economic Review, 90 (4), pp. 847-868.
• Chenery, H.B. and Strout, A.M. 1966. “Foreign Assistance and Economic Development”, American Economic Review, (56), pp.679-733.
• Jamie Morrision, Dirk Bezemer and Catherine Arnold (2004), Official de-velopment assistance to agriculture, DFID.
• Hair Jr. (1998), Multivariate data analysis, 5th Edition, Prentice Hall, New Jersey.
• Kaiser, H. F. (1974), An index of factorial simplicity, Psychometrika, 39, 31–36.
• Lensink, R., Morrissey, O. (2000), “Aid instability as a measure of uncer-tainty and the positive impact of aid on growth”, Journal of Development Stud-ies, 36, pp. 30-48.
• Le Quoc Hoi (2007), “Orientation of attracting and using official develop-ment assistance (ODA) capital of Vietnam, Textbook "Major domestic and for-eign sources of finance for growth in Vietnam", Hanoi
• Nguyen Thi Lan Anh (2015), The efficiency of using official development assistance (ODA) in the North of Vietnam, Doctoral Thesis, National Economics University, Hanoi.
• Nguyen Thanh Do (2015); “Evaluate 20 years of mobilizing and using ODA: Lessons from failure”, Conference on Evaluation of 20 years of ODA mobilization and utilization in Vietnam, Hanoi.
• Nguyen Manh Tien (2015), “Results of attracting and using ODA capital from 2006 to 2015: Current situation and some recommendations”, Workshop on Evaluating 20 years of mobilizing and using ODA of Vietnam, Hanoi.
• Nguyen Ngoc Son (2015), “Attracting and using ODA in the context of Vi-etnam being a middle-income country”, Conference on Evaluation of 20 years of ODA mobilization and utilization in Vietnam, Hanoi.
• Teboul, R., and E Moustier (2001), “Foreign Aid and Economic Growth: the case of the countries South of the Mediteranean”, Applied Economics Letters, (8), pp 187-190.
• Trinh Ngoc Tuan (2015), “Main domestic and foreign financial sources for growth in Vietnam”, Conference on Evaluation of 20 years of ODA mobilization and utilization in Vietnam, Hanoi.
• Sang Kijin, Korea Student Aid Foundation (KOSAF), South Korea & Cheolh Oh, Soongsil University, South Korea (2012), “Revisiting effects and stratregies of officia development assistance (ODA): apnet analysis”, © Interna-tional Review of Public Administration, 17 (3).
• Vu Nhu Thang (2015), “The position of ODA and foreign concessional loans in the context of national finance in the 2006-2014 period”, Conference on Evaluation of 20 years of ODA mobilization and utilization in Vietnam, Hanoi.
• William Butterfield, Foster, Vivien, Chuan Chen and Nataliya Pushak (2008), Building Bridges: China's Growing Role as Infrastructure Financier for Sub-Saharan Africa, Washington DC: World Bank/PPIAF.