Reforming the State Bank of Vietnam towards an Independent Central Bank: the Application of New Public Management in Vietnam

2012 ◽  
pp. 99-112
Author(s):  
Duc Dang Ngoc

In many open-rich financially developed countries, the central bank (CB) plays an important role in the development of a sound and effective financial system in par- ticular, and economic development and stabilization of the economy in general. In these countries, the governance of the CB is based on the three main principles of New Public Management (NPM) known as the three ‘pillars’, which includes: (i) central bank independence; (ii) central bank accountability, and (iii) central bank transparency. Among them, central bank independence is considered the key and pri- mary ‘pillar’. This implies that the reform of the central bank towards an independ- ent entity thereby could be seen as one of the most important elements of a public administration reform program in developing countries (LCDs), and Vietnam should not be an exception. The State Bank of Vietnam (SBV) – as the Vietnam’s Central Bank – has been operating successfully in the last decades and has contributed greatly to Vietnam’s development. However, the dependence of the SBV on the Government has shown a number of weaknesses that should be overcome as soon as possible in the next stage of the development process, especially when Vietnam becomes an official member of the World Trade Organization (WTO) in 2018. In this paper, three issues will be covered, including: (1) The independent central bank and its positive impact on the development and stabilization of the economy as a theoret- ical framework for discussion on the need for and the way of the reform of the cen- tral bank in developing countries; (2) a factual analysis of the SBV’s problems resulting from its high dependence upon the government, as well as opportunities and challenges of reforming the SBV towards an independent central bank; (3) rec- ommendations for solutions to ensure the success of SBV reform in the future.

Author(s):  
Chitra Sriyani De Silva Lokuwaduge ◽  
Keshara M. De Silva Godage

Accounting reforms in the public sector have become one of the most debated aspects of the public sector financial management during the last three decades. Following the steps of developed countries around the globe, Sri Lanka as a developing country made initiatives to adopt international public sector accounting standards (IPSAS). The purpose of this study is to analyse the progress and the challenges they face in adopting IPSAS as a new public management (NPM) reform in Sri Lanka to enhance public sector accountability. Public sector accounting reforms in the developing countries in Asia is relatively under researched. Using the NPM concept, this study attempts to fill this gap. This chapter argues that even though Sri Lanka has initiated the move towards adopting IPSAS, developing countries face practical problems in adopting reforms due to their contextual factors such as limited institutional capacity and resources, high political involvements in decision-making, and high informality.


2019 ◽  
Vol 32 (7) ◽  
pp. 689-705 ◽  
Author(s):  
Wahed Waheduzzaman

Purpose The purpose of this paper is to examine the transitional status of new public management (NPM) into new public governance (NPG) in a developing country context. Some authors, based on their research in developed countries, have claimed that NPM is dead. However, such claims have apparently ignored the transformational status of NPM in developing countries. This paper addresses that gap. Design/methodology/approach A qualitative method was used in this research. Public officials, elected representatives and local users who were responsible for public service management at local levels in Bangladesh were interviewed using semi-structured questionnaires tailored to each group. The interview texts were then organised and analysed using NVivo software. Findings This research reveals that four public management elements comprising decentralisation, market-based services, efficiency and accountability, which are prerequisites for creating an appropriate environment for NPG, have not been established successfully in Bangladesh. This finding suggests that NPG may not be achieved without effective implementation of these elements through NPM practices. The study concludes that NPM needs to be practiced for more time in Bangladesh for the effective transformation of public management into public governance. Research limitations/implications Findings from this research will help public policy makers and researchers to identify barriers to and design the pathway for a smooth shift from NPM to NPG. Practical implications The findings of this research would help the Government of Bangladesh and international aid agencies to better understand the status of NPM and NPG in regional Bangladesh. Social implications The research findings may help identify barriers to enhancing participatory activities in a developing society. Originality/value Though NPM is an obsolete theory for developed countries, it needs to be implemented successfully in developing countries prior to the implementation of NPG.


2021 ◽  
Vol 5 (2) ◽  
pp. 146
Author(s):  
Dyah Mutiarin ◽  
Misran Misran

This study aims to determine the development of research on new public management policies in developed and developing countries in the last five years. To find out, we reviewed hundreds of related journals related to new general management policies in developed and developing countries with the previous 5-year edition from 2016 to 2020. Then we compared the concepts used in new public management in developed and developing countries. This study used a qualitative research method with a review of previous research. Sources are selected articles published in the Scopus database in the last five years, from 2016 to 2020. Selected items are publications relevant to new public management policy topics in developed and developing countries. This study's results were obtained through a data analysis process using the Nvivo 12 Plus and VOSviwer applications. The results showed 90 concepts in studying new public management policies in developed countries and categorized them into five groups. Again, new public management policies in developing countries have 58 concepts and can be categorized into four groups. The significance of this research is the discovery of mapping new public management policy concepts in developed and developing countries to assist in developing a conceptual framework in subsequent studies and can see the novelty in further research.Penelitian ini bertujuan untuk mengetahui perkembangan penelitian pada tema kebijakan manajemen publik baru di negara maju dan negara berkembang dalam kurung waktu lima tahun terakhir. Untuk mengetahuinya, kami mereview ratusan jurnal terkait kebijakan manajemen publik baru di negara maju dan negara berkembang dengan edisi lima tahun sebelumnya dari tahun 2016 sampai dengan 2020. Kemudian membandingkan konsep yang digunakan pada manajemen publik baru di negara maju dan negara berkembang. Penelitian ini menggunakan metode  kualitatif dengan mereview dari penelitian sebelumnya. Sumber dipilih yang diterbitkan di data base scopus dalam lima tahun terakhir, dari 2016 hingga 2020. Artikel yang dipilih adalah publikasi yang relevan dengan topik kebijakan manajemen publik baru di negara maju dan negara berkembang. Hasil penelitian ini diperoleh melalui proses analisis data menggunakan Aplikasi Nvivo 12 dan VOSviwer. Hasil penelitian menunjukkan bahwa terdapat 90 konsep dalam kajian kebijakan manajemen publik baru di negara maju dan dapat dikategorikan menjadi lima kelompok. Selanjutnya kebijakan manajemen publik baru di  negara berkembang terdapat lima puluh delapan konsep dan dapat di kategorikan menjadi empat kelompok. Signifikansi penelitian ini adalah ditemukannya pemetaan konsep kebijakan manajemen publik baru di negara maju dan negara berkembang sehingga dapat membantu dalam pengembangan kerangka konseptual pada kajian-kajian selanjutnya serta dapat melihat kebaruan dalam meneliti selanjutnya.


2017 ◽  
Vol 46 (3) ◽  
pp. 288-307 ◽  
Author(s):  
Clever Madimutsa ◽  
Leon G. Pretorius

This article discusses the strategic responses by public-sector unions to new public management (NPM) reforms in Zambia. The article is based on a qualitative research methodology focusing on the Civil Servants and Allied Workers Union of Zambia. The study shows that public-sector workers in developing countries are more vulnerable to the effects of externally imposed NPM reforms, which include job cuts. However, the implementation of these reforms faces opposition especially from trade unions. In line with the assumptions of strategic choice theory, union responses to NPM reforms are strategic. Despite the high vulnerability of public workers in developing countries, their unions use strategies that can also be observed in developed countries to mitigate the negative consequences of NPM reforms on the public sector. These strategies follow a three-stage process, namely, opposing the reforms, negotiating for favorable reform measures, and shifting from centralized structures to networks.


Author(s):  
Koen Verhoest ◽  
Sandra van Thiel ◽  
Steven F. De Vadder

Agencification is the creation of semi-autonomous agencies: organizations charged with public tasks like policy implementation, regulation, and public service delivery, operating at arm’s length from the government. Although not a new development, agencification became very popular from the 1980s on as part of the New Public Management reforms. Three types of agencies can be distinguished, based predominantly on their formal legal features. Type 1 agencies have some managerial autonomy but do not have their own legal identity separate from the state or their parent ministry. Type 2 agencies are organizations and bodies with managerial autonomy that have their own legal identity separate from the state or their parent ministry. Type 3 organizations have their own legal identity vested in, and defined by, private law and are established by, or on behalf of, the government in the form of a private law corporation, company, or a foundation, but they are predominantly controlled by government and are at least partially involved in executing public tasks. Specific characteristics of agencies differ between countries and findings show few systematic patterns: similar tasks are charged to different types of agencies. A crucial element in the functioning of agencies is the formal and de facto interplay of autonomy and control, and how this can be explained in a static and dynamic way. Studies about agencification list three main categories of its effects: economic, organizational, and political effects. However, there is still a lot that needs to be studied about agencification, its forms, and its effects.


2009 ◽  
Vol 5 (1) ◽  
Author(s):  
Evert Lindquist

With the adoption of the State Sector Act in 1988, the New Zealand public sector revolution was in full motion. The Act was one of many initiatives that provided a new framework for government and managing public services (Boston et al., 1996; Scott, 2001). New Zealand rapidly became the poster child for what became known as the New Public Management, and an archetype scrutinised around the world. The audacity and intellectual coherence of the New Zealand model became a standard against which the progress of other governments was judged. These reforms were part of  a larger social and economic transformation which led to dislocation and democratic reform. In the crucible of introducing and implementing these reforms, and in the inevitable re-adjustment phases, New Zealand gained a reputation for continuous reflection on its progress by its political leaders, government officials and a small band of impressive academics.


2017 ◽  
Vol 12 (1) ◽  
pp. 7-19
Author(s):  
Anup Chowdhury ◽  
Nikhil Chandra Shil

This research explored in depth the evolution of performance measurement systems in the context of new public management initiatives in Australian public sector. A governmental department in the Australian Capital Territory was selected for the purpose of the exploration. The qualitative research approach was adopted and data was collected following case study tradition. The main data sources were archival official documents and interviews. In addition, the researchers used direct observation to supplement and corroborate the archival documents and interview data. The empirical evidence presented in this research supports the fact that the selected Australian government department has implemented performance measurement systems in the line of new public management to illustrate the department’s commitment to efficiency and accountability. The research undertaken was in-depth, using a case study and though generalization is not possible from this single case study, the findings may be expected to add knowledge to existing literature and provide some important lessons for other public sector entities of the developing countries who are interested in adopting performance measurement systems as their control devices. Keywords: public sector, performance measurement systems, new public management, developing countries, Australia.


Author(s):  
Muhammad Muhammad

Global competition among universities in the world has become more challenging over years. This makes it demanding not only for universities in Indonesia to create positive improvements but also for the government to adapt with its innovations and policy initiatives. Meanwhile, New Public Management approach which was initially introduced in 1990s has been proposing administrative reforms on the old inefficient bureaucracy. In response to this, universities along with the government have been incorporating some aspects of The New Public Management theory in order for them to strive in global competition. This study seeks to analyze the changing status of Indonesian universities. It further discusses how some aspects of New Public Management are incorporated in university’s administration. This Indonesian case study argues that NPM values has influenced the changing system of universities in Indonesia. NPS still exists partially if not fully, in Indonesian universities despite the problem of public acceptance responding to the government’s policy on university reforms.


2021 ◽  
Vol 8 (2) ◽  
pp. 17-24
Author(s):  
Nanda Herijal Putra

This study examines about public administration in an Islamic perspective, studies on the system of government of Umar Bin Khattab. The administrative system was not implemented before Nabi Muhammad SAW moved to Medina, after Nabi Muhammad SAW moved from Mecca to Medina, reading and writing activities began to be carried out among the Muslims and to build a government based on Islamic law. The development of the administration was increasingly rapid during the Caliphate of Umar bin Khattab. This research is a type of library research with a research approach using qualitative research methods. Literature research is research that uses data collection techniques by reviewing books, literature, notes and various reports related to the problem to be studied. Public administration as a discipline that is dynamic in accordance with the times. In line with the times, public administration has changed for the better in accordance with the demands of an increasingly complex era. In the western perspective, public administration has experienced developments starting from the old public administration paradigm, new public management, to the new public service. In an Islamic perspective, administration is known as al-idara. Administration in Islam refers to the Qur'an and its interpretations as well as hadiths and syarahs. The sources of interpretation provide an explanation of the signs of the Qur'an whose position exceeds the general rules relating to the order of people's lives. In the context of public services, excellent service is a must and obligation for both the government and the state civil apparatus. Public services are carried out based on Islamic teachings, namely the services provided must be good, honest, quality and trustworthy.


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