THE STATE AND THE PRIVATE SECTOR IN VIETNAM

In recent years, the Vietnamese government has emphasized its commitment to create a fair business environment for both the state and non-state sectors in its medium and long-term economic development programs. This paper examines the development of the private sector in Vietnam, focusing in particular on the relationship between the state and the private sector. The first part of the paper reviews the trends in private sector development, the second part discusses obstacles for private sector development, with focus on the role of state-owned enterprises, and the third part discusses future challenges and suggests some policy reforms on the basis of the lessons from the first two decades of economics reforms in Vietnam, as well as international experiences. The paper also considers the pattern of new firm establishment, including the impact of foreign investment on the domestic private sector.Vietnam; economic reforms; private sector development; SOEs

Corporate Restructuring and Labor Productivity Growth

This paper analyzes corporate restructuring and its role in generating labor productivity growth in a sample of large Swedish manufacturing corporations. It is found that external restructuring, including ownership changes, start-ups and closures of plants, accounted for up to 47 percent of the productivity growth of the sample of corporations during the 1986-96 period. The results indicate that the productivity of large multi-plant corporations grew almost twice as fast as that of single-plant firms with the same internal productivity growth, thanks to their organizational flexibility. Divestitures of low productive plants were found to play a particularly important role in the replacement process generating productivity growth. The effect of external restructuring on productivity is to some extent explained by a shift towards a more skill-intensive production.Corporate Restructuring; Labor Productivity Growth

The Effect of Offshoring on Labor Demand: Evidence from Sweden

We analyze the effects of offshoring of intermediate input production on labor demand in Sweden, distinguishing between workers with different educational attainments. The econometric results using data for the 1995-2000 period indicate that offshoring -- in particular to low-income countries -- tends to shift labor demand away from workers with an intermediate level of education. Offshoring to high-income countries, which is the largest component of overall offshoring, does not have any statistically significant effect on the composition of labor demand.Offshoring; Labor Demand; Translog Cost Function; Factor-Biased Technological Change

Foreign Operations of Swedish Manufacturing Firms - Evidence from the IUI Survey on Multinationals 2003

The paper serves as a documentation of the survey IUI has conducted on Swedish multinational firms (MNEs) in 2004. It describes recent trends in the operations of Swedish multinational firms participating in the survey and foreign direct investment (FDI) of Swedish firms in general. The survey is a follow-up of the surveys made by IUI since 1970s. The database covers information about the Swedish part of manufacturing multinational firms and the foreign affiliates of the firms. The following years are covered: 1965, 1970, 1974, 1978, 1986, 1990, 1994, 1998 and 2003. Multinational Enterprises; Foreign Direct Investment; Spillovers; Research and Development

Location of R&D and High-Tech Production by Vertically Integrated Multinationals

We develop a two-country general equilibrium model where firms make separate choices about the location of R&D and high-tech production. There are two agglomeration forces: R&D spillovers and backward linkages associated with high-tech production. The latter tends to attract production to the larger economy. We show that, for relatively weak R&D spillovers and intermediate trade costs, the smaller economy tends to specialize in R&D. For certain parameterizations, both concentration and dispersion of R&D activities are possible outcomes. Hosting an agglomeration of R&D activities does not necessarily lead to welfare gains.monopolistic competition; R&D; high-tech production; agglomeration economies

Location of R&D and High-Tech Production by Vertically Integrated Multinationals

This paper presents evidence that, in Europe, production of high-tech goods is attracted to large markets, while R&D activities tend to be located away from them. In order to explain this phenomenon, we develop a two-country general equilibrium model where firms make separate choices about the location of R&D and high-tech production. There are two agglomeration forces: R&D spillovers and a home-market effect creating incentives for firms to locate production in the relatively large market. We show that, for relatively weak R&D spillovers and intermediate trade costs, the smaller economy tends to specialize in R&D. We also discuss the welfare consequences of different outcomes with respect to the location of R&D, showing that while skilled labor may gain from hosting an agglomeration of R&D activities, unskilled labor will lose.Monopolistic Competition; R&D; High-Tech Production; Agglomeration Economies

On Security and Privacy for Networked Information Society : Observations and Solutions for Security Engineering and Trust Building in Advanced Societal Processes

Our society has developed into a networked information society, in which all aspects of human life are interconnected via the Internet — the backbone through which a significant part of communications traffic is routed. This makes the Internet arguably the most important piece of critical infrastructure in the world. Securing Internet communications for everyone using it is extremely important, as the continuing growth of the networked information society relies upon fast, reliable and secure communications. A prominent threat to the security and privacy of Internet users is mass surveillance of Internet communications. The methods and tools used to implement mass surveillance capabilities on the Internet pose a danger to the security of all communications, not just the intended targets. When we continue to further build the networked information upon the unreliable foundation of the Internet we encounter increasingly complex problems,which are the main focus of this dissertation. As the reliance on communication technology grows in a society, so does the importance of information security. At this stage, information security issues become separated from the purely technological domain and begin to affect everyone in society. The approach taken in this thesis is therefore both technical and socio-technical. The research presented in this PhD thesis builds security in to the networked information society and provides parameters for further development of a safe and secure networked information society. This is achieved by proposing improvements on a multitude of layers. In the technical domain we present an efficient design flow for secure embedded devices that use cryptographic primitives in a resource-constrained environment, examine and analyze threats to biometric passport and electronic voting systems, observe techniques used to conduct mass Internet surveillance, and analyze the security of Finnish web user passwords. In the socio-technical domain we examine surveillance and how it affects the citizens of a networked information society, study methods for delivering efficient security education, examine what is essential security knowledge for citizens, advocate mastery over surveillance data by the targeted citizens in the networked information society, and examine the concept of forced trust that permeates all topics examined in this work.Yhteiskunta, jossa elämme, on muovautunut teknologian kehityksen myötä todelliseksi tietoyhteiskunnaksi. Monet verkottuneen tietoyhteiskunnan osa-alueet ovat kokeneet muutoksen tämän kehityksen seurauksena. Tämän muutoksen keskiössä on Internet: maailmanlaajuinen tietoverkko, joka mahdollistaa verkottuneiden laitteiden keskenäisen viestinnän ennennäkemättömässä mittakaavassa. Internet on muovautunut ehkä keskeisimmäksi osaksi globaalia viestintäinfrastruktuuria, ja siksi myös globaalin viestinnän turvaaminen korostuu tulevaisuudessa yhä enemmän. Verkottuneen tietoyhteiskunnan kasvu ja kehitys edellyttävät vakaan, turvallisen ja nopean viestintäjärjestelmän olemassaoloa. Laajamittainen tietoverkkojen joukkovalvonta muodostaa merkittävän uhan tämän järjestelmän vakaudelle ja turvallisuudelle. Verkkovalvonnan toteuttamiseen käytetyt menetelmät ja työkalut eivät vain anna mahdollisuutta tarkastella valvonnan kohteena olevaa viestiliikennettä, vaan myös vaarantavat kaiken Internet-liikenteen ja siitä riippuvaisen toiminnan turvallisuuden. Kun verkottunutta tietoyhteiskuntaa rakennetaan tämän kaltaisia valuvikoja ja haavoittuvuuksia sisältävän järjestelmän varaan, keskeinen uhkatekijä on, että yhteiskunnan ydintoiminnot ovat alttiina ulkopuoliselle vaikuttamiselle. Näiden uhkatekijöiden ja niiden taustalla vaikuttavien mekanismien tarkastelu on tämän väitöskirjatyön keskiössä. Koska työssä on teknisen sisällön lisäksi vahva yhteiskunnallinen elementti, tarkastellaan tiukan teknisen tarkastelun sijaan aihepiirä laajemmin myös yhteiskunnallisesta näkökulmasta. Tässä väitöskirjassa pyritään rakentamaan kokonaiskuvaa verkottuneen tietoyhteiskunnan turvallisuuteen, toimintaan ja vakauteen vaikuttavista tekijöistä, sekä tuomaan esiin uusia ratkaisuja ja avauksia eri näkökulmista. Työn tavoitteena on osaltaan mahdollistaa entistä turvallisemman verkottuneen tietoyhteiskunnan rakentaminen tulevaisuudessa. Teknisestä näkökulmasta työssä esitetään suunnitteluvuo kryptografisia primitiivejä tehokkaasti hyödyntäville rajallisen laskentatehon sulautetuviiille järjestelmille, analysoidaan biometrisiin passeihin, kansainväliseen passijärjestelmään, sekä sähköiseen äänestykseen kohdistuvia uhkia, tarkastellaan joukkovalvontaan käytettyjen tekniikoiden toimintaperiaatteita ja niiden aiheuttamia uhkia, sekä tutkitaan suomalaisten Internet-käyttäjien salasanatottumuksia verkkosovelluksissa. Teknis-yhteiskunnallisesta näkökulmasta työssä tarkastellaan valvonnan teoriaa ja perehdytään siihen, miten valvonta vaikuttaa verkottuneen tietoyhteiskunnan kansalaisiin. Lisäksi kehitetään menetelmiä parempaan tietoturvaopetukseen kaikilla koulutusasteilla, määritellään keskeiset tietoturvatietouden käsitteet, tarkastellaan mahdollisuutta soveltaa tiedon herruuden periaatetta verkottuneen tietoyhteiskunnan kansalaisistaan keräämän tiedon hallintaan ja käyttöön, sekä tutkitaan luottamuksen merkitystä yhteiskunnan ydintoimintojen turvallisuudelle ja toiminnalle, keskittyen erityisesti pakotetun luottamuksen vaikutuksiin

Cross-Border Acquisitions, Multinationals and Wage Elasticities

The growing number of cross-border acquisitions has in many countries raised concerns about labor demand consequences. In this study, we use detailed firm level data to examine how increased internationalization and multinational activity affect the volatility of employment, or rather, the wage elasticity of labor demand. We analyze whether the wage elasticity of labor demand differs between multinational and non-multinational firms as well as between foreign-owned and domestic firms, and we are able to distinguish between different skill groups of employees. Moreover, we separate between an acquisition effect and a general ownership effect. Our results do not show any general difference in wage elasticities between different types of firms.FDI; Cross-Border Acquisitions; Multinational Enterprises; Foreign Ownership; Labor Demand; Skill Groups; GMM

Cross-Border Acquisition or Greenfield Entry: Does it Matter for Affiliate R&D?

This paper investigates how the entry mode of foreign direct investment (FDI) affects the affiliate R&D activities using unique data on Swedish multinational firms over a long period of time (1970 to 1998). On average, acquired affiliates are more likely to do R&D and have a higher level of R&D intensity than affiliates created by greenfield entry. This difference in observed R&D is explained by differences in parent, affiliate, industry and country characteristics as well as by different reactions to these characteristics, as predicted by the recent theoretical literature on international mergers and acquisitions (M&As). The results also suggest that M&As are, to a larger extent, motivated by asset-seeking motives than greenfield entry, especially in the 1990s.FDI; M&A; Greenfield Investment; R&D; Multinational Firm

Alien Registration- Hakkala, Nicholas (Saint George, Knox County)

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