TRAN VAN HOA

B.Ec (Hons), M.Ec., Ph.D.



 

Research Professor, Centre for Strategic Economic Studies, Victoria University
Director, Vietnam and ASEAN Plus (East Asia Summit) Research Program (CSES)
PO Box 14428, Melbourne VIC 8001, Australia
Phone: 613 9919 1047, Fax: 613 9919 1350, Email: jimmy.tran@vu.edu.au

Honorary Professor, National Economics University, Hanoi, Vietnam
Honorary Professor, National Advanced Training Institute (NATI), Ministry of Trade, Vietnam

INTERNATIONAL LISTING

  Who's Who in the World

Who's Who in Science and Engineering

Who's Who in Asia and the Pacific Nations

2000 Outstanding People of the 20th Century

Who's Who in America

1000 Great Intellectuals of the 21st Century

Dictionary of International Biography

Australian Who's Who

Living Legends

Australian Directory of Professors

INTERNATIONAL AWARD & RECOGNITION

Association of the Korean Economic Studies (AKES) 2004 Best Paper Prize for the article Tran Van Hoa (2004),"Korea’s Trade, Growth of Trade and the World Economy in Post-crisis ASEAN+3 Free Trade Agreement: An Econometric and Policy Analysis", Journal of the  Korean Economy, Vol. 5, No. 2, pp. 73-108.

For Tran Van Hoa's Recent Profile in Vietnamese
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 BUSINESS AND CONSULTING EXPERIENCE


Director, T&M Enterprises P/L (Victoria, Australia)

Kobe Corporations, Orlando, USA

NSW Vietnam Chamber of Commerce

Australia Council

New South Wales Tax Taskforce

AusAID

Ministry of Commerce (Thailand)

Ministry of Trade (Vietnam)

Ford Foundation (USA)

ACIL-Cardno Australlia

United Nations UNESCAP

International Consultants Centre ICC, Melbourne

Sydney Management Centre

United Nations Development Program (China)

AREAS OF TEACHING


Microeconomics

International Finance

Applied and Theoretical Econometrics

Econometric Modelling and Forecasts

Business Economics in Asia

Energy Economics

Competition Policy in Asian Economies

Trade and Investment in Asia

AREAS OF RESEARCH


Macroeconomic Policy

Development Economics and Growth

Economic Modelling

Business Forecasting

Business and Public Policy

ASEAN Economies and its Enlargement (East Asia Summit)

International Business and Trade

Welfare Economics

Energy Economics

Consumer Demand Studies

Econometric Theory and Analysis

International Finance

Production Studies

Competition Policy in Asian Economies

New Asian Regionalism

Transition Economies in Asia

Asian Free Trade Agreements and WTO

Household Production and Economics

RECENT BOOKS ON ASIAN ECONOMIES

by TRAN VAN HOA

Tran Van Hoa (ed) (1997), Economic Development and Prospects in the ASEAN:  Foreign Investment and Growth in Vietnam, Thailand,  Indonesia and Malaysia. London: Macmillan.

Tran Van Hoa (with C Harvie) (1997), Vietnam’s Reforms and Economic Growth, London: Macmillan.

Tran Van Hoa (ed) (1999),  Sectoral Analysis of Trade, Investment and Business in Vietnam, London: Macmillan.

Tran Van Hoa and C. Harvie (eds) (2000), Causes and Impact of the Asian Financial Crisis, London: Macmillan

Tran Van Hoa (ed) (2000), Prospects for Trade, Investment and Business in Vietnam and East Asia, London: Macmillan.

Tran Van Hoa (ed) (2000), The Asia Crisis: The Cures, Their Effectiveness and The Prospects After, London: Macmillan.

Tran Van Hoa, Vietnam: Market Intelligence and Business Analysis, London: Macmillan, in preparation.

Tran Van Hoa, (2000) The  Social Impact of the Asia Crisis, London: Macmillan.

Tran Van Hoa (2000), China's Trade and Investment After the Asia Crisis, London: Edward Elgar.

Tran Van Hoa (2001), The Asia Recovery, London: Edward Elgar.

Tran Van Hoa (2002), Economic Crisis Management, London: Edward Elgar.

Tran Van Hoa (2003), Competition Policy in Major Asian Economies, London: Edward Elgar.

Tran Van Hoa and C. Harvie (2003), New Asian Regionalism: Responses to Globalisation and Crises, New York: Edward Elgar.

Tran Van Hoa (with C Harvie), The Economic Development in Transition Economies, London: Edward Elgar, in preparation.

Tran Van Hoa, P Q Thao, V T Dung and L H An (2004), Competition Law and Policy in Major Economies in Asia and Vietnam (in Vietnamese), NATI, Ministry of Trade, Hanoi. 

Tran Van Hoa (2005), Household Production. Consumer Behaviour and Economic Policy, London: Ashgate.

Tran Van Hoa and N V Lich (2006), ASEAN+3 and Its Impact on Vietnam's Economy (in Vietnamese), World Publishing House, Hanoi, Vietnam.

Tran Van Hoa and N V Lich (2007), Business Opportunities in Vietnam After WTO Membership, World Publishing House, Hanoi, Vietnam.

Tran Van Hoa and N V Lich (2007), WTO Impact on Regional Vietnam, World Publishing House, Hanoi, Vietnam.

Tran Van Hoa and C Harvie (2008), Regional Trade Agreements in Asia, London and New York: Edward Elgar.


  RECENT WORK & ACTIVITIES

PROMOTING EAST & WEST ASIA ECONOMIC & TRADE RELATIONS FOR MUTUAL BENEFITS AMID THE GLOBAL FINANCIAL CRISIS

2-7 November 2008

Universities of Sistan & Baluchestan, Isfahan, Shiraz and Teheran, Iran

During the first week of November 2008, Tran Van Hoa participated in a series of APEF (Asia-Pacific Economic Forum) VII conferences at three well-known universities in Iran on the emerging theme East and West Asia Trade and Economic Relations: Opportunities, Challenges and Outcomes. The theme was proposed by Tran Van Hoa two years ago in Korea to reflect APEF ( a new international economics society founded at the Kangwon National University, Chunchoen, Korea, in 2002, to differentiate it from the World Economic Forum) interest in emerging economic power in East and South Asia and the East Asia Summit agenda (14 December 2005, Kuala Lumpur, Malaysia) for wider regional economic integration and trade liberalisation for mutual benefits.

The local organisers involved in the preparation of the APEF VII conference are Prof Seyed Komail Tayebi of the University of Isfahan and Dr Mosayeb Pahlavani of the University of Sistan & Baluchestan in Zahedan, and numerous pan-university and institution associates. As a significant recognition of the importance of the conference and its theme in the East and West Asia region, a total of 16 universities and institutions provided sponsorships. These include the Islamic Republic of Iran (IRI) Presidency, Central Bank of IRI, Refah Bank, Trade Promotion Organisation of Iran, the Governor of Sistan & Baluchestan, Iran Technical & Vocational Training Organisation of the Qom Province, Isfahan Chamber of Commerce, Industries and Mines, Institute for Trade Studies and Research, Chabahar Free Trade Zone, Chabahar Maritime University, Islamic Azad University, Commercial Organisation of Sistan & Baluchestan, Universities of Isfahan, Sistan & Baluchestan, Shiraz and Teheran.

More than 1300 senior government officials, business people, university staff and students attended the Opening Ceremony and Keynote Speeches of the APEF VII conference at the University Sistan & Baluchestan in Zahedan. Experts from over 10 countries in Asia, India, Iran, other Middle East countries, Oceania and the European Union participated to deliver 38 selected research papers (out of a total of 100 papers submitted for presentation) covering a wide range of topics on trade, economics, finance, technology and management in East and West Asia, and the impact of the current global financial crisis. Prof Tran Van Hoa delivered his keynote speech emphasizing the opportunities and challenges of deepening East and West Asia trade and economic relations. He also presented a research paper measuring the impact of Gulf oil, foreign direct investment, financial services, crises and reforms on 10 ASEAN economies growth and development.The conference and the interviews of key participating international experts were widely reported by numerous news and TV media nationally and internationally. Selected APEF VII conference papers have been solicited for publication as a book by a well-known international publisher in the UK and US.

A prominent session of the APEF VII conferences at the University of Sistan & Baluchestan and the University of Isfahan was a Roundtable where keynote speakers and the audience participated in discussions on major contemporary issues of interest to future policy in East and West Asia. The issues raised at the session included energy supply, demand and prices, the importance of small and medium-size enterprises, the current interest by academic and institutional experts and policy-makers on the architecture of regional trade agreements in the Asia-Pacific region, and most importantly, the impact of the US subprime or global financial crisis (GFC) on both developed and developing economies world-wide. In his discussions, Prof Tran Van Hoa stated that it is too early to assess the wide-spread and deep damages of GFC, but he gave an overall evidence-based picture of the potential economic, financial, ideological and political damages of the GFC in all big and small economies which many times surpass the decades-long gains from trade liberalisation and growth, and reform. He also pointed out fortunately that good and appropriate policy can attenuate these damages and spur future development and growth, and recommended regional and global co-operation in finding appropriate solutions on these. In his discussions, Prof Peter Lloyd, of the Grubel-Lloyd Intra-trade Index fame, also concurred that a rethink of laisser-faire or extreme capitalism as a model of modern economic management policy with government support may be necessary. Prof Ahmad Akbari emphasised the effects of the GFC on economic slowdown and oil revenue of the OPEC and their contagion to other sectors of the economy (eg, education in Iran) that crucially depend on it. Prof Charles Harvie predicted a hard time for SME operation with contracted public consumption and less available credits and finance as a result of the GFC.

The photo below records a Roundtable session at the University of Sistan & Baluchestan in Zahedan. From left to right, Prof Ahmad Akbari, Chancellor, University of Sistan & Baluchestan; Prof Peter Lloyd, University of Melbourne, Australia; Prof Tran Van Hoa, APEF Founding President and Director, Vietnam and East Asia Summit Research Program, Victoria University, Australia; and Prof Charles Harvie, Director, SME and Regional Research Centre, University of Wollongong, Australia.

In the two photos below taken at the Opening Ceremony and Keynote Speeches in the Ferdowsi Hall on campus at the University of Sistan & Baluchestan in Zahedan are some of the 1300 VIP guests and participants.  

Some Key Speakers at the APEF VII conference in Zahedan (photo below). From left to right, sitting, Prof Ahmad Akbari; Prof Peter Lloyd; Prof Tran Van Hoa; and Prof Hyun-Hoon Lee, Dean of Asia-Pacific Academy and an APEF Founding Member, Kangwon National University, Korea.

In the photo below taken at the Office of the Vice-Chancellor, University of Isfahan, are, from left to right, Prof Charles Harvie; Prof Komail Tayebi, University of Isfahan and APEF Local Chair; Prof Tran Van Hoa; Prof Hossein Harsij, Vice-Chancellor, University of Isfahan; Prof Peter Lloyd; and Dr Nazende Ozkaramete Coskun, Bikent University, Turkey.  

The photo below shows some of the audience at the APEF VII conference taking place at the University of Shiraz.

 

INDIA AND EMERGING ASIAN REGIONALISM:

ECONOMIC, TRADE AND POLITICAL ISSUES, AND PRIORITY

25-30 September 2008, Allahabad and Jawaharlal Nehru Universities and RIS, India

Tran Van Hoa participated recently in three important high-level academic and policy meetings in India dealing with emerging issues of India as a new major economic power and its role in the broad Asia region in particular. At Allahabad University, he attended an AusAID and UNCTAD-funded international conference on Trade and Development, taking place on 25-26 Sept 2008, to present a keynote address (and the conference highlight) on India-Asia Trade and Growth. The conference was jointly organised by the Departments of Economics (Prof A Agarwal) and Statistics (Prof A Chaturvedi), to discuss the status quo, current research and co-operative potential of India, major India-Asian trade agreement issues, and the European Union’s FDI interest in the subcontinent. More than 120 participants (academics, government and international organisation officials, and business executives) from all over India, Australia, the EU, Malaysia, and Turkey attended the two-day conference which was widely reported by the media.

In the photo below taken in the historic North Hall, Allahabad University, at the end of the Valedictory Session are some keynote speakers at the conference (from left to right front row, Prof Alka Agarwal, Chair and AU Council Member, Department of Economics, Allahabad University; Prof Tran Van Hoa; Prof Rajen Harshe, Vice-Chancellor, Allahabad University; Chief Justice (retired) Shri Prakash).

 And some of the participants at the conference during the keynote address by Tran Van Hoa.

 

Prof Tran Van Hoa also participated in a high-level policy RIS-ADB conference Emerging Asian Regionalism: ASEAN-India FTA and Beyond, taking place on 29 Sept 2008 at the Viceregal, Claridge Hotel, New Delhi, to present his key panel address on India and the ASEAN. The conference was jointly organised by RIS (Research and Information System for Developing Economies, India’s government-funded top think-tank) and the ADB (Asian Development Bank) and attended by H E Dr Jairam Ramesh, Minister of State for Commerce and Power, Dr M Kawai, Dean, ADB Institute in Tokyo, India's elite government officials and academics, and international embassy and business representatives. In his address, Tran Van Hoa gave an account of the recent past record of India-ASEAN-World economic and trade relations, and, using the recent findings based on his endogenous gravity theory, explored these relations’ opportunities, obstacles, and prospects within the framework of a plurilateral India-ASEAN FTA, and the East Asia Summit FTA as proposed currently by the 16 EAS leaders. At the conference, the ADB launched its new publication Emerging Asian Regionalism: A Partnership for Shared Prosperity, in which some aspects of integration of production, trade, financial markets, and FDI in the ASEAN Plus were particularly paid attention to. The conference was widely reported by the media.

In the photos below taken at the Viceregal Hall, Claridge Hotel, in New Delhi, during the RIS-ADB conference are some keynote speakers (Dr Rajesh Kumar, Director-General, RIS; Dr M Kawai, Dean, ADB Institute; Dr Srinivasa Madhur, Director, OREI, ADB).

And some of the participants.

In New Delhi, Professor Tran Van Hoa also gave a seminar on 30 Sept 2008 to staff and postgraduate students of the Centre for International Trade and Development of the Jawaharlal Nehru University (India’s top university) to talk about the development of his endogenous gravity theory and its applications to India’s and ASEAN’s economic and trade issues particularly in a present climate of energy and financial crises, and to offer possible solutions. The visit to the JNU was organised by Prof B B Bhattacharya, JNU Vice-Chancellor and a noted economist and adviser to India’s Prime Minister.

In the photo below taken at the JNU seminar are, front row, Prof Tran Van Hoa and Prof Geeta Agarwal (Chairperson, CITD), and some postgraduate students.

KOREA AND THE WORLD CONFERENCE VII

20-21 June 2008

Korea Institute of Public Finance, Seoul, and Kangwon National University, Chunchoen, Korea

Tran Van Hoa attended the Korea and the World Economy Conference VII in Korea during 20-21 June 2008 to deliver his research paper on the currently proposed Australia-Korea Free Trade Agreement, and to discuss papers at a plenary session on Official Development Assistance - Korea and the Developing Countries. The conference (in the series established at Kangwon National University in Chunchoen in 2002) ) with high-profile national and international co-sponsors was hosted by the Association of the Korean Economic Studies (AKES) which is the largest economics society in Korea. The official professional journal of the AKES is the Journal of the Korean Economy and it is included in the well-known Journal of the Economic Literature Classification. Over 50 delegates from universities, research institutes and international organisations (eg, Asian Development Bank, Asia Foundation, the IMF, United Nations ELAC) from over 11 countries (eg, Australia, China, France, India, Iran, Japan, Korea, Malaysia, Sri Lanka, the UK, the US) participated in the conference where a wide range of economic, ODA and trade topics on Korea and its relations with the global economy were discussed. 

In the photo below at the farewell function at the Santorini in Chunchoen are (from left to right) Prof Huyn-Hoon Lee (Dean, Asia-Pacific Co-operation Academy, Kangwon National University; local organiser), Prof Chung-Moo Koo (President, AKES; local organiser), Dr Bongkee Hahn (Vice Governor, Gangwon Provincial Government), Prof Sven W Arndt (Claremont McKenna College, USA), and Prof Tran Van Hoa

 

INNOVATION & TECHNOLOGY IN VIETNAM:

POLICY MODELLING TRAINING FOR ACADEMICS AND GOVERNMENT OFFICIALS

2 May 2008, Vietnam Institute for Trade, Ministry of Industry and Trade (MOIT), Vietnam

While the role of econometric modelling for policy analysis (using say the methods of growth regression, panel regression, structural equation modelling, and CGE/GTAP) has been recognised and used in most developed and Western countries world-wide, an appropriate modelling methodology with more credible or realistic outcomes for use by corporate and government policy-makers in both developed and developing countries alike is still to be developed. A new development with improved features and outcomes in this field is the Generalised Gravity Theory proposed in 2002 and used successfully since by Tran Van Hoa (eg, see the Journal of the Korean Economy, 2004) in many practical applications on economic, trade, FDI and service studies in Asian economies (eg, China, India, Japan, Korea, Thailand, and Vietnam) in recent years. This advanced modelling tool has now been officially adopted by the Government of Vietnam (Ministry of Industry and Trade) for practical economic and trade policy analysis by its researchers, experts and decision-makers. A training course on the GGT and its applications, funded partially by VIT, was organised at its headquarter in Hanoi on 2 May 2008 for select government officials and academics from major ministries and universities in Vietnam. A total of over 40 officials and academics attended the course. MOIT is now actively seeking support to further develop and disseminate this new modelling methodology to study major current areas of national development priorities to enhance the country's capacity, trade, growth and external relations.

In the photo below taken at the training course are Prof Tran Van Hoa (second from left) and some participants.

 

INNOVATION AND TECHNOLOGY

AND THEIR IMPACT IN DEVELOPING ECONOMIES

21-23 April 2008, United Nations University and Renmin University of China, Beijing

Tran Van Hoa attended the Second Conference of Micro Evidence on Innovation in Developing Economies (MEIDE), on 21-23 April, 2008, at the Renmin University of China in Beijing, to deliver a paper on the Impact of Innovation &Technology Public Expenditure on Development in China and India: An International Comparative Study, and to chair a session. The Conference was jointly organised by the United Nations University at Maastricht and MERIT (the Netherlands), INSEE (France), and Renmin University. A total of over 70 academics, government officials and experts from 25 countries (eg, Latin America, European Union, China, India, Japan, Russia, Vietnam, the Philippines, Taiwan, Turkey, Australia) attended the conference. A wide range of topics covering innovation and labour, patents, technology sourcing, policy evaluation, spillovers, financing and innovation, innovation indicators, innovation in opening economies, innovation input/output, and innovation and FDI was discussed. One main outcome from the studies presented is that efficiency of innovation and technology on productivity at both micro and macro level in many economies is still to be improved. Tran Van Hoa pointed out the lack of endogeneity in the modelling methodologies adopted for all these studies and recommended a focus on this in future work.

In the photo below taken at the end of the conference and in front of the Run Run Shaw Conference Centre at Renmin University are some of the participants.

 

BASIC PUBLIC SERVICES EQUALISATION IN CHINA:

AN INTERNATIONAL CONFERENCE

China Institute for Reform and Development (CIRD), 22-23 Feb 2008, Haikou, China

Tran Van Hoa was invited to attend the international conference Basic Public Services for 1.3 Billion People during 22-23 Feb 2008 in Haikou to present his paper on China's Education and Development and Its Comparative Efficiency Competitiveness with one of China's major economic and trade rivals in the region, India. The conference was organised by one of China's think-tanks, the China Institute for Reform and Development (CIRD), and with the collaboration of China International Centre for Economic and Technical Exchanges (CICETE) and the United Nations Development Program (China). A wide range of 'hot' topics on major aspects of public services in China, covering education, health care, rural and regional development, urban-rural gaps, legal foundation, tax reform, and social security, were discussed and debated by more than 250 senior academics and government officials (including two Vice Ministers) from all over China and 17 international experts (eg, from Australia, France, Sweden, the UK), UNDP Resident Representative and Senior Economist. The conference proceedings were nationally televised and reported by 21 mass media networks. In his paper and discussions, Prof Tran Van Hoa emphasised the importance of not only public services input and capacity equalisation but, more significantly, their outcomes and efficiency evaluation (a new policy research direction mentioned at the conference by the UNDP (China) Representative, Mr Khalid Malik, and endorsed by Vice-Minster of National Population and Family Planning Commission, Dr Zhao Baige), and the relevance of regional competitiveness (in this case, India's education and health care) in a globalised economy where China is playing an increasingly influential role.

In the photo below taken at the New State Guest House at the Opening Ceremony are H.E. Dr Zhao Baige and Professor Tran Van Hoa.

Two photos showing some of the national and international participants at the Conference.

 

VIETNAM GOVERNMENT & VICTORIA UNIVERSITY PARTNERSHIP

IN MINISTERIAL TRADE POLICY RESEARCH, DEVELOPMENT AND MANAGEMENT

8-20 December 2007, Ministry of Industry and Trade (MOIT), Vietnam

Prof Tran Van Hoa of the Centre for Strategic Economic Studies (CSES), Faculty of Business & Law, Victoria University, led, during 8-20 December 2007, a number of Australian Research Council-funded workshops in major cities and provinces of Vietnam to present his work with the Vietnam Institute for Trade (VIT), Ministry of Industry and Trade (MOIT), on implementing improvements in economic and trade policy in the country. The workshops were organised by VIT (an Industry Partner in a 2004-2007 ARC Linkage Project) on Australia-Vietnam Trade, co-managed by VIT Director-General, Prof Dr Nguyen Van Lich), and endorsed by H.E. Nguyen Van Linh, Vietnam Vice-Minister of Trade.

The workshops were attended by senior university and trade college executives and academics, senior government officials, and select postgraduate students. The work involves the implementation of a new modelling policy approach, the so-called generalised gravity theory (GGT) introduced by Tran Van Hoa in 2002, that provides significant improvements in modelling outcomes and policy credibility and reliability to existing and popular approaches that are currently used in this field by national and international institutions (e.g., universities and research institutes) and organisations (e.g., the World Trade Organisation, the International Monetary Fund, the World Bank, the Asian Development Bank). A description of the GGT is given in an award-winning article in 2004 in the Journal of the Korean Economy, published by Korea’s largest economics society, the Association of the Korean Economic Studies. Online access: http://www.akes.or.kr/jke/index.htm..

At the workshops, the participants were introduced to the work's preliminary research and findings, and informed of MOIT decision to adopt the GGT methodology for economic and trade analysis and implementation at the practical and operational level by the Ministry. The decision is highly significant for global government governance in the sense of how relevant and quality government policy background support in Vietnam (a major ASEAN, APEC and East Asia Summit member) is sought and for using relevant government-university partnership in formulating and implementing economic and trade policy. This can be a model for high-level and suitable policy analysis and useful and practical implementation for other countries.

In the photo below taken at the meeting at the MOIT Headquarter in Hanoi on 20 December 2007 are H.E. Nguyen Van Linh, Vice-Minister of Trade (on the left), and Prof Tran Van Hoa.

A record photo of the ARC-VIT workshop at the VIT Headquarter in Hanoi: Prof Tran Van Hoa, Prof Dr N V Lich (centred) and senior government participants.

A record photo of the ARC-VIT workshop at Da Nang University, Central Vietnam: Prof Tran Van Hoa (second from left) and Da Nang University Vice-Rector, Prof Dr Nguyen Thi Nhu Liem (first from left) and senior university executives and government officials

A record photo of the ARC-VIT workshop at the College of Foreign Economic Relations, MOIT and Ministry of Education and Training, Ho Chi Minh City, Southern Vietnam: Prof Tran Van Hoa (left), and College Rector, Prof Dr Pham Chau Thanh (second from left), and College academics and government participants.

A record photo of the ARC-VIT workshop at the Provincial Office of Trade and Tourism, MOIT, Da Lat, Highland Vietnam: Prof Tran Van Hoa (centred) and senior business and government participants.

A record photo of the ARC-VIT workshop at Nha Trang University, Coastal Vietnam: Prof Tran Van Hoa and Dr Nguyen Thi Kim Anh (Dean, Faculty of Economics, Nha Trang University), and senior University executives and academics.

 and 

CHINA AND INDIA: TRADE RELATIONS AND ECONOMIC DIPLOMACY

FOR TWO GIANTS IN EAST ASIA SPHERE

25-27 October 2007, University of Kashmir, India

Tran Van Hoa attended the 90th Indian Economic Association Conference at Kashmir University in India on 25-27 October 2007 to present his recent research findings on China-India trade relations and their impact on India's growth, 'Look East' policy, economic diplomacy and regional cooperation. Since its devastating balance of payments crisis in the early 1990s, India has achieved spectacular high growth with its subsequent reforms introduced by successive governments in the mid-1990s and early-2000s. India now stands as a new economic power giant in the East Asia Summit sphere competing with China (and even Vietnam) for global market access for goods, FDI inflows and services exports. Tran Van Hoa pointed out, in his paper, that while his substantive evidence supports the political view that both India and China may be rivals in these major areas of global cross-border transactions, it would pay to be each other's political and trade partners than trade competitors as the costs of crisis and conflict even short of an all-out war would be extremely high. In a move to underscore India's growing economic and political power in the region, it is worth noting that Australia signed a the protocol to set up an Australia-India free trade agreement on 31 August 2007. At the conference, India's top economists and government advisers emphasised the need to improve the country's international competitiveness by means of human resource and skill improvements through government priority setting and adequate funding. The problem of disparate development paths in different regions of India also needs attention and appropriate development policy.

In the photo below taken on campus in the Science Block at Kashmir University are, from left to right, Prof G K Chadha (Member of the Economic Advisory Council to the Prime Minister, and former Vice-Chancellor, Jawaharlal Nehru University, Delhi), Prof Tran Van Hoa, and Prof B B Bhattacharya (Vice-Chancellor, Jawaharlal Nehru University, Delhi, and 2007 President, Indian Economic Association)

The photo below taken at the Opening Ceremony at the Convocation Complex at Kashmir University are Prof A Wahid (Vice-Chancellor, Kashmir University) and Prof Tran Van Hoa.

 

rEGIONAL ECONOMIC INTEGRATION IN ASIA:

Issues in China and Vietnam Trade

31 July 2007, Vietnam Institute for Trade (VIT), Ministry of Trade (MOT), Hanoi

While regional economic integration has been strongly supported by the governments in the ASEAN Plus region to promote trade, economic growth, poverty reduction and co-operation, major issues such as trade, investment and services in a bilateral framework between China and Vietnam for example in an AFTA Plus scheme have not been adequately studied in detail or reported at both the academic and policy level. These issues were taken up by VIT and other ministries and academic and research institutions in Vietnam recently in a nationally competitive research project grant awarded by Vietnam Ministry of Sciences and Environment to VIT. Major reports from the project were presented at a workshop on 31 July 2007 at the VIT Headquarter in Hanoi. A total of over 70 senior government officials, academics, businesspeople, other experts and consultants, and the media participated. Tran Van Hoa presented his paper on China-Vietnam trade and economic relations in which he applied his internationally acclaimed policy modelling approach with features superior to the CGE/GTAP (namely, the Generalised Gravity Theory, a description is given online: www.akes.or.kr/jke/index.htm.) to study empirically the impact of trade, FDI, services, policy reforms and crises on economic development in these two major transition and high-growth economies in Asia. The paper is part of an Australian Research Council Linkage 2004-07 Project research with VIT as an Industry Partner. One surprising finding of the paper is that, in this bilateral framework, China will gain more from trade with Vietnam, but Vietnam will gain more from trade with a developed country in the region such as Australia. In addition, development in both China and Vietnam is found to be severely affected by policy reforms and regional and global crises. The risks of structural change in regional economic integration exist and a neglect of their management by decision-makers or the leadership may damage the perceived gains from regional economic integration or free trade agreements.

In the photo below taken at the workshop are, from left to right, Prof Dr Nguyen Van Lich (Director-General, VIT, and ARC Linkage Industry Partner), Dr Nguyen Manh Hung (Prime Minister Office), Ho Trung Thanh (standing, ARC Linkage Project Manager, VIT), Prof Dr Nguyen Van Thanh (Vice Director-General, VIT), H E Le Van Dinh (Vice Minister, MOT), Prof Tran Van Hoa (ARC Linkage Chief Investigator and Director, Vietnam and ASEAN Plus Research Program, Victoria University, Australia), Prof Dr Nguyen Mai (hidden, Ministry of Science and Environment), and Prof Dr Nguyen Van Huong (former President, National Economics University, Hanoi). 

In the photo below are some of the participants including the media representatives at the workshop.

KOREA & THE WORLD VI:

Issues in a Korea-Australia FTA and Regional ODA

2-3 July 2007, Wollongong University, Australia

Tran Van Hoa attended the Korea and The World Economy International Conference VI: Towards Asian Economic Community at the University of Wollongong, NSW, Australia, on 2-3 July 2007, to present a paper on Official Development Assistance (ODA) Effectiveness in Asia. Since the current debates on ODA effectiveness or ineffectiveness have been based on aspects of political economy or methodologies that have been regarded as simple or inadequate, the paper provides a new and suitable modelling approach and substantive empirical findings to improve the quality of the debates. The issue is important as in 2005, ODA reached $US107 billion and current and former senior World Bank experts and consultants (eg, Sachs and Easterly) working on the area are not sure about the ODA benefits and the effectiveness of ODA modus operandi. The Korea and The World Conference series, organised principally by Korea's largest economics association, the Association of the Korean Economic Studies (AKES), started in Korea in 2001 by a group of international academic economists, trade experts and government officials to research on major issues in Korea and their implications and relations to the rest of the world. About 50 people from 17 countries around the world participated in the Conference which also attracted local and national media. Major issues in the currently negotiated Korea-Australia FTA were also a major topic at the Conference.

In the photo below (Tran Van Hoa, second from right) taken at the foyer of the Communications Centre at Wollongong University before the Conference are AKES Council Members, key participants and local and AKES organisers.

Eminent participants at the Korea and The World Conference VI include H E Mr Chang-Boem Cho, Korea Ambassador to Australia (right, photo at the Novotel below) and Prof Robert Castle, Deputy Vice-Chancellor, Wollongong University, left), and Prof Tran Van Hoa.

The photo below taken in front of the MacKinnon (a former Vice-Chancellor at Wollongong University) Building after the farewell lunch at the Food Re-Thought restaurant at Wollongong University shows some of the participants.

 

WHAT ARE NEW IN THE ASIA-PACIFIC REGION?

30 June-1 July 2007, Wollongong University, Australia

While in Wollongong, Tran Van Hoa also attended, as an Executive Member and speaker, the Asia-Pacific Economic Forum (APEF) International Conference VI, with the theme Asian Regionalism: Issues, Opportunities, Challenges and Outcomes, where he presented a paper on International Economic Integration in Asia: AFTA and WTO Memberships. The paper is acutely relevant to the current development in the Asia-Pacific and Oceania regions where, with the suspension of the WTO Doha Round negotiations in SARS Hong