Download or read book Recent Trends in Vietnam s Rapid Economic Development written by Pham Khanh Nam and published by Springer. This book was released on 2024-11-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an up-to-date and comprehensive picture of the Vietnamese economy which is the fast-growing economy in Southeast Asia. The country has invested heavily in education, health, and development infrastructure across the country. Progress in recent decades has been strong and Vietnam has attracted significant relocation and outsourcing of production from OECD countries. In recent years much of the withdrawn foreign direct investment from China is channeled to Vietnam. The state’s development policy has created optimal conditions for further expansion of production, supply chain, education and finances. Investment in education, health, infrastructure, administration, and regulations is facilitating investment inflows, technology transfer and spillover to the growing national companies. The educated young population and disciplined labor force have provided a strong basis for the growth in the economy. The high level of productivity, improved quality of products, low and competitive cost of production, and more than 100 million people provide a strong base for a continued economic growth. This edited volume is written by the professional, young, educated, and active entrepreneurial generation with good insights into the features of the economy and its development potential. They provide an up-to-date view and empirical research-based picture of the recent trends in Vietnam's economic development. The target audience are educators, undergraduate and graduate students, domestic and foreign investors, government agencies, provincial and industrial sector decision-makers, trade partners, libraries, individual researchers, and professional and practitioners. This book helps to fill the gap in knowledge and inform development planners and investors about different sectors of the Vietnamese economy and its development potential.
Download or read book Vietnam s Reforms and Economic Growth written by C. Harvie and published by Springer. This book was released on 1997-09-30 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vietnam's bold economic reforms initiated under the title of Doi Moi in 1986 have produced spectacular economic outcomes which have fascinated economists, business people, commerce students, political scientists and government advisors alike worldwide. This book surveys important aspects of these developments, analyses the main contributing factors, provides useful references on developing and transitional economies, and details soundly researched prospects in trade, investment and business in this new rapidly developing market economy in East Asia.
Download or read book Vietnam 2035 written by World Bank Group;Ministry of Planning and Investment of Vietnam and published by World Bank Publications. This book was released on 2016-11-07 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Managing Risk and Attaining Equitable Growth written by Colin Kirkpatrick and published by . This book was released on 2010 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Download or read book Skilling Up Vietnam written by Christian Bodewig and published by World Bank Publications. This book was released on 2014-07-02 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: The demand for workforce skills is changing in Vietnam’s dynamic economy. In addition to job-specific skills, Vietnamese employers value cognitive skills, like problem solving, and behavioral skills, like team work. This book presents an agenda of change for Vietnam’s education system to prepare workers to succeed in Vietnam’s modernizing economy.
Download or read book Economic Growth Poverty and Household Welfare in Vietnam written by Paul Glewwe and published by World Bank Publications. This book was released on 2004-01-01 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the adoption of new market-oriented policies, Vietnam has transformed itself from one of the world's poorest countries during the 1980s, into an economy with one of the highest growth rates during the 1990s. Using macroeconomic and household survey data, this publication examines a range of issues including: the causes of Vietnam's economic growth and future prospects; the impact on household welfare and poverty levels, school enrolment, child health and other socioeconomic outcomes; and the nature of poverty in Vietnam and the effectiveness of government policies for poverty reduction, drawing lessons for Vietnam and for other low-income developing countries.
Download or read book Taking Stock written by Deepak Mishra and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Vietnam has navigated the global crisis better than many other countries. Gross domestic product (GDP) grew by 5.3 percent in 2009, accelerating to 6.9 percent in the last quarter of the year. At 5.8 percent, the figure for the first quarter of 2010 was less impressive, but claims that growth has slowed down are most probably unwarranted. More recently, a sizeable stimulus package, combining tax rebates and exemptions with increased government spending and rapid credit growth succeeded at supporting domestic demand and sustaining economic growth. The success is all the more remarkable given that exports accounted for roughly 67 percent of GDP when the crisis hit. There has been no banking crisis, but two years of macroeconomic turbulence and policy shifts created risks for the banking system. The desire for an early normalization of interest rates is understandable. But if pursued aggressively it could be easily interpreted as a return to aggressive stimulus policies, thus undermining the still frail confidence in the dong. Combined with stronger macroeconomic management, it should be possible for Vietnam to gradually free itself from the 'stop-and-go' cycle that has characterized macroeconomic policies over the last three years.
Download or read book China s Economic Rise written by Congressional Research Service and published by Createspace Independent Publishing Platform. This book was released on 2017-09-17 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.
Download or read book Socioeconomic Renovation in Viet Nam written by International Development Research Centre (Canada) and published by IDRC. This book was released on 2000 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Socioeconomic Renovation in Viet Nam: The origin, evolution and impact of Doi Moi
Download or read book Vietnam written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2019-07-16 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2019 Article IV Consultation with Vietnam highlights that gradual fiscal consolidation, strict limits on government guarantees and robust growth in recent years have led to declining government debt, expected to continue under current policies. But while there is some fiscal space, fiscal needs are large, for infrastructure, social spending and to deal with population aging. The tightening of credit growth continued in 2018; however, liquidity remained ample, aided by the strong balance of payments and tight fiscal policies. The State Bank of Vietnam has initiated plans to modernize its monetary framework with IMF technical support. The authorities’ efforts to improve economic institutions and governance continue and the fight against grand corruption has resulted in significant sentences in recent high-profile cases. Improvements in transparency and statistical systems are underway, with support from the IMF and the Financial Action Task Force’s Asia Pacific Group.
Download or read book Vietnam s Development Success Story and the Unfinished SDG Agenda written by Ms.Anja Baum and published by International Monetary Fund. This book was released on 2020-02-14 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite starting as one of the poorest countries in the mid-1980s, Vietnam has achieved rapid developmental progress, reaching lower middle-income status in 2010. In line with rapid economic growth, Vietnam has achieved impressive progress towards the Sustainable Development Goals (SDGs) during this time. This paper sheds light on some elements of Vietnam’s success story, highlighting crucial policies in education and electricity sectors. It undertakes a forward-looking costing exercise that focusses on five sectors – education, health, roads, water, and electricity infrastructure. Achieving the remaining SDGs in Vietnam will be a challenge, with total annual additional spending needs in the 5 subsectors estimated at 7 percent of GDP by 2030.
Download or read book Education in Vietnam written by Jonathan D London and published by Institute of Southeast Asian Studies. This book was released on 2011 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vietnam is a country on the move. Yet contemporary Vietnam's education system is at a crossroads. Rapid economic growth has permitted rapid increases in the scale and scope of formal schooling, but there is a prevailing sense that the current education system is inadequate to the country’s needs. Sunny assessments of Vietnam's “achievements” in the sphere of education have given way to a realization that the country lacks skilled workers. Some have even spoken of an "education crisis". These are not abstract concerns. What is occurring in Vietnam's education system today has broad implications for the country’s social, political, economic, and cultural development. Featuring contributions from scholars and policy analysts from within and outside Vietnam, Education in Vietnam addresses key issues pertaining to the political economy of education, the provision and payment for primary and secondary education, and the development of vocational and tertiary education. The book marks an important contribution to existing understandings of Vietnam’s education system and contributes to broader understandings of social conditions and change in contemporary Vietnam.
Download or read book Global Productivity written by Alistair Dieppe and published by World Bank Publications. This book was released on 2021-06-09 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD
Download or read book The Growth Report written by Commission on Growth and Development and published by World Bank Publications. This book was released on 2008-07-23 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.
Download or read book What we See Why we Worry Why we Hope Vietnam Going Forward written by Nancy K. Napier and published by Boise State University CCI Press. This book was released on 2013-10-02 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: What we See, Why we Worry, Why we Hope: Vietnam Going Forward explores key factors that affect Vietnam’s ability to move forward as a global economic player. While we see challenges, we see many reasons for hope, including a new generation of leaders. "We – the Vietnamese entrepreneurs and businesspeople – who have the wish of making Vietnam a better place to work and live have both worries and hopes for our home country. The authors have done a nice job of presenting a new Vietnam, a multi-colored society and an emerging market economy, with a simple and fun-to-read style. The book delivers many important messages to western readers and I appreciate the efforts by the authors trying to bring Vietnam to the world, and the world to Vietnam." - Vu Quang Hoi, Chairman, The Bitexco Group "A cogent and compelling look at contemporary Vietnam with all its complexities and contradictions.Vuong Quan Hoang and Nancy Napier have given us a well-written and accessible guide to understanding the changes that Vietnam has gone through in the last decade. This book will be of great use to anyone wanting to understand Vietnam today" - Anya Schiffrin, Columbia University, School of International and Public Affairs "The book is very well written and the stories are inspirational. The book has great value to be read by all Vietnamese, especially the younger generations." - Loke Kiang Wong, Retired Captain Singapore Navy, Contributor to Vietnamica.net
Download or read book The Demographic Dividend written by David Bloom and published by Rand Corporation. This book was released on 2003-02-13 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is long-standing debate on how population growth affects national economies. A new report from Population Matters examines the history of this debate and synthesizes current research on the topic. The authors, led by Harvard economist David Bloom, conclude that population age structure, more than size or growth per se, affects economic development, and that reducing high fertility can create opportunities for economic growth if the right kinds of educational, health, and labor-market policies are in place. The report also examines specific regions of the world and how their differing policy environments have affected the relationship between population change and economic development.
