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Who Gained from Vietnam's Boom in the 1990s?

Who Gained from Vietnam's Boom in the 1990s? PDF Author: Paul Glewwe
Publisher: World Bank Publications
ISBN: 2010530152
Category : Collective farms
Languages : en
Pages : 64

Book Description
"Vietnam's gains in poverty reduction between 1992 and 1998 were striking, and the country's impressive growth has been fairly broad-based. Households that have benefited most are well-educated, urban, white-collar households, while agricultural workers, ethnic minorities, and those residing in poorer regions have progressed least"--Cover.

Who Gained from Vietnam's Boom in the 1990s?

Who Gained from Vietnam's Boom in the 1990s? PDF Author: Paul Glewwe
Publisher: World Bank Publications
ISBN: 2010530152
Category : Collective farms
Languages : en
Pages : 64

Book Description
"Vietnam's gains in poverty reduction between 1992 and 1998 were striking, and the country's impressive growth has been fairly broad-based. Households that have benefited most are well-educated, urban, white-collar households, while agricultural workers, ethnic minorities, and those residing in poorer regions have progressed least"--Cover.

How Does Vietnam's Accession to the World Trade Organization Change the Spatial Incidence of Poverty

How Does Vietnam's Accession to the World Trade Organization Change the Spatial Incidence of Poverty PDF Author: Tomoki Fujii
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 35

Book Description
Trade policies can promote aggregate efficiency, but the ensuing structural adjustments generally create both winners and losers. From an incomes perspective, trade liberalization can raise gross domestic product per capita, but rates of emergence from poverty depend on individual household characteristics of economic participation and asset holding. To fully realize the growth potential of trade, while limiting the risk of rising inequality, policies need to better account for microeconomic heterogeneity. One approach to this is geographic targeting that shifts resources to poor areas. This study combines an integrated microsimulation-computable general equilibrium model with small area estimation to evaluate the spatial incidence of Vietnam's accession to the World Trade Organization. Provincial-level poverty reduction after full liberalization was heterogeneous, ranging from 2.2 percent to 14.3 percent. Full liberalization will benefit the poor on a national basis, but the northwestern area of Vietnam is likely to lag behind. Furthermore, poverty can be shown to increase under comparable scenarios.

Vietnam 2035

Vietnam 2035 PDF Author: World Bank Group;Ministry of Planning and Investment of Vietnam
Publisher: World Bank Publications
ISBN: 1464808252
Category : Business & Economics
Languages : en
Pages : 596

Book Description
Thirty years of Ä?ổi Má»›i (economic renovation) reforms have catapulted Vietnam from the ranks of the world’s poorest countries to one of its great development success stories. Critical ingredients have been visionary leaders, a sense of shared societal purpose, and a focus on the future. Starting in the late 1980s, these elements were successfully fused with the embrace of markets and the global economy. Economic growth since then has been rapid, stable, and inclusive, translating into strong welfare gains for the vast majority of the population. But three decades of success from reforms raises expectations for the future, as aptly captured in the Vietnamese constitution, which sets the goal of “a prosperous people and a strong, democratic, equitable, and civilized country.†? There is a firm aspiration that by 2035, Vietnam will be a modern and industrialized nation moving toward becoming a prosperous, creative, equitable, and democratic society. The Vietnam 2035 report, a joint undertaking of the Government of Vietnam and the World Bank Group, seeks to better comprehend the challenges and opportunities that lie ahead. It shows that the country’s aspirations and the supporting policy and institutional agenda stand on three pillars: balancing economic prosperity with environmental sustainability; promoting equity and social inclusion to develop a harmonious middle- class society; and enhancing the capacity and accountability of the state to establish a rule of law state and a democratic society. Vietnam 2035 further argues that the rapid growth needed to achieve the bold aspirations will be sustained only if it stands on faster productivity growth and reflects the costs of environmental degradation. Productivity growth, in turn, will benefit from measures to enhance the competitiveness of domestic enterprises, scale up the benefits of urban agglomeration, and build national technological and innovative capacity. Maintaining the record on equity and social inclusion will require lifting marginalized groups and delivering services to an aging and urbanizing middle-class society. And to fulfill the country’s aspirations, the institutions of governance will need to become modern, transparent, and fully rooted in the rule of law.

Private Interhousehold Transfers in Vietnam in the Early and Late 1990s

Private Interhousehold Transfers in Vietnam in the Early and Late 1990s PDF Author: Donald Cox
Publisher: World Bank Publications
ISBN:
Category : Communities and Human Settlements
Languages : en
Pages : 48

Book Description
Abstract: Cox uses date from the 1992-93 and 1997-98 Vietnam Living Standards Survey (VLSS) to describe patterns of money transfers between households. Rapid economic growth during the 1990s did little to diminish the importance of private transfers in Vietnam. Private transfers are large and widespread in both surveys, and are much larger than public transfers. Private transfers appear to function like means-tested public transfers, flowing from better-off to worse-off households and providing old age support in retirement. Panel evidence suggests some hysteresis in private transfer patterns, but many households also changed from recipients to givers and vice versa between surveys. Changes in private transfers appear responsive to changes in household pre-transfer income, demographic changes, and life-course events. Transfer inflows rise upon retirement and widowhood, for example, and are positively associated with increases in health expenditures. It also appears that private transfer inflows increased for households affected by Typhoon Linda, which devastated Vietnam's southernmost provinces in late 1997. This paper is a product of Macroeconomics and Growth, Development Research Group. The study was funded by the Bank's Research Support Budget under the research project Economic Growth and Household Welfare: Policy Lessons from Vietnam. The author may be contacted at donald.cox@@bc.edu.

Trade Liberalisation and Poverty

Trade Liberalisation and Poverty PDF Author: Minh Son Le
Publisher: Routledge
ISBN: 1317501535
Category : Business & Economics
Languages : en
Pages : 309

Book Description
This book uses Alan Winters’ analytical framework to investigate the effects of trade liberalisation on economic growth and poverty in Vietnam. The country launched a programme of economic and trade reforms, known as Doi Moi, in the mid-1980s which placed the economy on a transitional path from central planning to a market economy. Since then Vietnam has attained a number of remarkable achievements in terms of economic growth and poverty reduction. Although some formidable problems (such as inequality and inflation) remain, it is apparent that trade liberalisation has been associated with a big reduction in poverty. The analysis in the book focuses on the microeconomic (household) level, and there is an emphasis on tracing the effects of trade liberalisation through the four separate channels identified by Winters. Such in-depth and micro-level analyses yield new insights that support important policy lessons and recommendations for Vietnam in particular and, more generally, for similar developing countries.

Social Inequality in Vietnam and the Challenges to Reform

Social Inequality in Vietnam and the Challenges to Reform PDF Author: Philip Taylor
Publisher: Institute of Southeast Asian Studies
ISBN: 9789812302755
Category : Social Science
Languages : en
Pages : 412

Book Description
This book illustrates the changing ways in which people have accumulated wealth, social and cultural capital in Vietnam's move from a socialist to a market-oriented society.

Vietnam's Economic Policy Since 1975

Vietnam's Economic Policy Since 1975 PDF Author: Nhan Tri Vo
Publisher: Institute of Southeast Asian
ISBN: 9813035544
Category : Business & Economics
Languages : en
Pages : 269

Book Description
After a precipitate reunification (1975), the Hanoi leadership imposed upon the South the Stalinist-Maoist strategy of economic development which had been until then applied in the North. This "Northernization" resulted in an economic crisis for the whole country during the last years of the Second Five-Year Plan. Despite some partial reforms, the country was again plunged into a more serious economic and financial crisis at the end of the Third Five-Year Plan, particularly after the ill-conceived monetary reform in September 1985. At the time of its Sixth National Congress (December 1986) the Party's new leadership advocated a strategic shift in its overall economic policy under the banner of Doi Moi (Renovation).

Economic Mobility in Vietnam in the 1990s

Economic Mobility in Vietnam in the 1990s PDF Author: Paul Glewwe
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 32

Book Description
Abstract: Vietnam's high economic growth in the 1990s led to sharp reductions in poverty, yet over the same time period inequality increased. This increased inequality may be less worrisome if Vietnamese households experience a high degree of income mobility over time. This is because high mobility implies that the long-run distribution of income is more equally distributed than the short-run distribution, since some individuals or households are poor in some years, while others are poor in other years. Glewwe and Nguyen examine economic mobility in Vietnam using recent household survey panel data. The problem of measurement error in the income variable, which exaggerates the degree of economic mobility, is directly addressed. Correcting for measurement error dramatically changes the results. At least one half of measured mobility is because of measurement error. This paper"a product of Macroeconomics and Growth, Development Research Group"is part of a larger effort in the group to study household welfare and poverty reduction in Vietnam. Paul Glewwe may be contacted at pglewwe@@dept.agecon.umn.edu.

Non-tariff Barriers, Regionalism And Poverty: Essays In Applied International Trade Analysis

Non-tariff Barriers, Regionalism And Poverty: Essays In Applied International Trade Analysis PDF Author: L Alan Winters
Publisher: World Scientific
ISBN: 9814571288
Category : Business & Economics
Languages : en
Pages : 421

Book Description
Non-Tariff Barriers, Regionalism and Poverty is a collection of key articles in three important areas of applied international trade research: measuring non-tariff barriers and their effects, the consequences of regional trading arrangements, especially on the countries excluded from them, and the connection between international trade and poverty. Drawing from 30 years of research and experience, L Alan Winters illustrates the development of techniques of this field and his continued commitment to answering real policy questions at the times at which they are debated. The collection shows the ways in which economic and econometric analysis can be used to answer real-world problems rigorously in the area of international trade and trade policy. Readers will find that some of the research included is of current methodological relevance and some of more historical significance. This volume is invaluable to anyone who is keen on developing their knowledge on trade policy, regionalism or poverty — three pressing issues in today's globalized world.

Globalization and the Poor in Asia

Globalization and the Poor in Asia PDF Author: M. Nissanke
Publisher: Springer
ISBN: 023059400X
Category : Business & Economics
Languages : en
Pages : 338

Book Description
Asia is widely regarded as having benefited most from the dynamic growth effect of the recent wave of globalization. By examining mechanisms at work in the globalization–poverty nexus through specific case studies reflecting different settings, the book seeks to find ways to rediscover and resume a pattern of shared growth in Asia.