Reform, Growth, and Poverty in Vietnam

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dc.creatorDollar, David
dc.date2013-08-05T18:19:28Z
dc.date2013-08-05T18:19:28Z
dc.date2002-05
dc.date.accessioned2026-07-01T01:22:47Z
dc.descriptionVietnam grew rapidly in the 1990s, and yet by many measures it has poor economic institutions. Dollar seeks to explain this apparent anomaly. Between the 1980s and 1990s Vietnam carried out significant economic reforms, notably stabilization, the introduction of positive real interest rates, trade liberalization, and initial property rights reform in agriculture. Relating these changes to the empirical growth literature, the author finds that Vietnam's growth acceleration is about what would be predicted. Conditional convergence also suggests that the country's high growth rate will decelerate unless further reforms are taken. The author then looks at the level of institutional and policy development in Vietnam compared with other emerging market economies. While Vietnam's policies have improved, they did so starting from a very low base. So, it can be simultaneously true that Vietnam's policies have improved a lot and yet are rather poor in comparative perspective. A comparison of governance indicators, financial sector issues, and the infrastructure of international integration reveals serious institutional weaknesses in Vietnam that need to be addressed if a high growth rate is to be sustained.
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dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2002/05/1783729/reform-growth-poverty-vietnam
dc.identifierhttps://hdl.handle.net/10986/14801
dc.identifierhttps://doi.org/10.1596/1813-9450-2837
dc.identifier.urihttp://hdl.handle.net/123456789/417555
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, D.C.
dc.relationPolicy Research Working Paper;No.2837
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectECONOMIC REFORM
dc.subjectECONOMIC STABILIZATION
dc.subjectREAL INTEREST RATES
dc.subjectTRADE LIBERALIZATION
dc.subjectPROPERTY RIGHTS
dc.subjectPOLICY DEVELOPMENT
dc.subjectEMERGING ECONOMIES
dc.subjectGOVERNANCE
dc.subjectINSTITUTIONAL CAPACITY AGRICULTURE
dc.subjectANNUAL RATE
dc.subjectAVERAGE GROWTH
dc.subjectAVERAGE GROWTH RATE
dc.subjectAVERAGE INCOMES
dc.subjectBANKING SECTOR
dc.subjectBANKING SYSTEMS
dc.subjectBUREAUCRATIC DELAYS
dc.subjectBUSINESS COMMUNITY
dc.subjectBUSINESS CYCLES
dc.subjectCAPITAL ACCOUNT
dc.subjectCAPITAL CONTROLS
dc.subjectCAPITAL GROWTH
dc.subjectCLOSED ECONOMIES
dc.subjectCOMPARATIVE ECONOMICS
dc.subjectCOMPETITION POLICY
dc.subjectCOMPETITIVENESS
dc.subjectCONDITIONAL CONVERGENCE
dc.subjectCONSTANT PRICES
dc.subjectCONTRACT ENFORCEMENT
dc.subjectCORRUPTION
dc.subjectCOUNTRY EXPERIENCES
dc.subjectCOUNTRY REGRESSIONS
dc.subjectCOUNTRY-SPECIFIC EFFECTS
dc.subjectCRIME
dc.subjectCROSS-COUNTRY DIFFERENCES
dc.subjectDATA SET
dc.subjectDEPENDENT VARIABLE
dc.subjectDEVALUATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING WORLD
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT RESEARCH
dc.subjectDIRECT INVESTMENT
dc.subjectDISINFLATION
dc.subjectDISTRIBUTION DATA
dc.subjectDISTRIBUTIONAL EFFECTS
dc.subjectDIVISION OF LABOR
dc.subjectECONOMETRICS
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC POLICIES
dc.subjectECONOMIC REFORM
dc.subjectECONOMIC REVIEW
dc.subjectECONOMICS
dc.subjectECONOMICS RESEARCH
dc.subjectECONOMISTS
dc.subjectEFFICIENT REGULATION
dc.subjectEMPIRICAL EVIDENCE
dc.subjectEMPIRICAL GROWTH LITERATURE
dc.subjectEMPIRICAL LITERATURE
dc.subjectEMPIRICAL REGULARITY
dc.subjectEMPIRICAL RESULTS
dc.subjectEMPIRICAL STUDIES
dc.subjectENDOGENOUS GROWTH
dc.subjectENDOGENOUS VARIABLES
dc.subjectENFORCEABILITY
dc.subjectEXCHANGE RATE
dc.subjectEXPENDITURES
dc.subjectEXPLANATORY VARIABLES
dc.subjectEXTREME POVERTY
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL DEVELOPMENT
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SECTOR REFORMS
dc.subjectFOREIGN INVESTORS
dc.subjectFOREIGN TRADE
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGINI COEFFICIENT
dc.subjectGLOBAL ECONOMY
dc.subjectGOVERNANCE INDICATORS
dc.subjectGOVERNMENT EFFECTIVENESS
dc.subjectGROWTH ACCELERATION
dc.subjectGROWTH DATA
dc.subjectGROWTH EFFECT
dc.subjectGROWTH EMPIRICS
dc.subjectGROWTH IMPACT
dc.subjectGROWTH MODELS
dc.subjectGROWTH PERFORMANCE
dc.subjectGROWTH PRO-POOR
dc.subjectGROWTH RATES
dc.subjectGROWTH REGRESSION
dc.subjectGROWTH REGRESSIONS
dc.subjectGROWTH THEORIES
dc.subjectGROWTH THEORY
dc.subjectHIGH GROWTH
dc.subjectHIGH GROWTH RATE
dc.subjectHIGH INFLATION
dc.subjectHIGH SPREADS
dc.subjectHOUSEHOLD INCOME
dc.subjectHOUSEHOLD WELFARE
dc.subjectIMPORT TARIFFS
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME DISTRIBUTION DATA
dc.subjectINCOME INEQUALITY
dc.subjectINCREASED INEQUALITY
dc.subjectINCREASING RETURNS
dc.subjectINDIVIDUAL POLICIES
dc.subjectINEQUALITY CHANGE
dc.subjectINFLATION RATE
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectINFRASTRUCTURE PROVISION
dc.subjectINSTITUTIONAL MEASURES
dc.subjectINSTITUTIONAL WEAKNESSES
dc.subjectINSURANCE
dc.subjectINTEREST RATE
dc.subjectINTERNATIONAL COMPARISONS
dc.subjectINTERNATIONAL TRADE
dc.subjectINVESTMENT CLIMATE
dc.subjectLABOR MARKETS
dc.subjectLAGGED CHANGES
dc.subjectLAGGED GROWTH
dc.subjectLAND REFORM
dc.subjectLAND REFORMS
dc.subjectLDCS
dc.subjectLONG-RUN GROWTH
dc.subjectLONG-TERM GROWTH
dc.subjectLORENZ CURVE
dc.subjectLOW INEQUALITY
dc.subjectMACRO STABILITY
dc.subjectMACROECONOMIC FACTORS
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectMACROECONOMIC POLICY
dc.subjectMACROECONOMICS
dc.subjectMARKET ECONOMIES
dc.subjectMEASURING INCOME INEQUALITY
dc.subjectMONETARY ECONOMICS
dc.subjectNATIONAL INCOME
dc.subjectNEGATIVE RELATIONSHIP
dc.subjectPER CAPITA GROWTH
dc.subjectPER CAPITA INCOME
dc.subjectPOINT ESTIMATES
dc.subjectPOLICY CHANGES
dc.subjectPOLICY MEASURES
dc.subjectPOLICY PACKAGE
dc.subjectPOLICY REFORM
dc.subjectPOLICY RESEARCH
dc.subjectPOLICY STANCE
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLITICAL INSTABILITY
dc.subjectPOLITICAL STABILITY
dc.subjectPOOR COUNTRY
dc.subjectPOOR GROWTH
dc.subjectPOOR HOUSEHOLDS
dc.subjectPOOR POLICIES
dc.subjectPOVERTY HEADCOUNT
dc.subjectPOVERTY LINE
dc.subjectPOVERTY REDUCTION
dc.subjectPRICE CONTROLS
dc.subjectPRIVATE PROPERTY
dc.subjectPRODUCTIVITY
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC GOODS
dc.subjectPUBLIC INSTITUTIONS
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SERVICE
dc.subjectPUBLIC SERVICE DELIVERY
dc.subjectRAPID GROWTH
dc.subjectREAL INTEREST RATES
dc.subjectREGULATORY BURDEN
dc.subjectREGULATORY FRAMEWORK
dc.subjectRICH COUNTRIES
dc.subjectRULE OF LAW
dc.subjectSAFETY NETS
dc.subjectSECTOR REFORMS
dc.subjectSOCIAL PROTECTION
dc.subjectSTANDARD DEVIATION
dc.subjectSTATE-OWNED ENTERPRISES
dc.subjectSUBJECTIVE ASSESSMENTS
dc.subjectTARIFF BARRIERS
dc.subjectTAX EVASION
dc.subjectTECHNOLOGICAL CHANGE
dc.subjectTELECOMMUNICATIONS
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE OPENNESS
dc.subjectTRADE POLICY
dc.subjectTRADE REFORMS
dc.subjectTRADE VOLUMES
dc.subjectTRANSACTIONS COSTS
dc.subjectUNEMPLOYMENT
dc.subjectVALUE ADDED
dc.subjectWTO
dc.titleReform, Growth, and Poverty in Vietnam

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