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Anatomy of FDI Failure: Foreign Direct Investment and the Sino-Vietnamese Experience of Total War Volume 3, No. 2 Eric Wilson Eric Wilson BA, MA (Dalhousie); PhD (History) (Cambridge); LLB (University of British Columbia); LLM (University of Washington, Seattle); SJD Candidate, University of Melbourne; Lecturer in Law, Monash University. He worked in admiralty law in Vancouver before commencing an SJD at the University of Melbourne. He currently teaches International Law at Monash University. This paper challenges fashionable assumptions as to the universal applicability of economic rationalism and free market legal reforms. The author argues that Vietnam's historical legacy of national liberation has given rise to a uniquely Vietnamese juro-political ideological regime Nha nuoc phap quyen. This, somewhat paradoxically, simultaneously causes the 'failure' of FDI reform by First World standards, while providing the post-colonial Vietnamese regime with its own internal yardstick for measuring 'success' namely, the thwarting of further perceived attempts by foreigners to deprive Vietnam of national sovereignty. |