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This study assesses the fiscal and monetary management challenges that can be associated with large inflows of foreign aid. It provides a brief overview of the literature on Dutch Disease (DD) as applied to mineral wealth and then assesses the conventional policy responses that are available to...
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In 1994-97 Poland has recorded an outstanding economic performance in terms of GDP growth, simultaneous reduction of inflation and unemployment, fiscal balance, zloty real revaluation, capacity restructuring, private sector growth and institution building. The Polish success needed a market...
Persistent link: https://www.econbiz.de/10005475020
In analyzing Viet Nam's recent economic adjustments, this paper attempts to distinguish events and policies that are properly assigned to the trasition effort and those more properly associated with economic development.
Persistent link: https://www.econbiz.de/10005661055
Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent … domestic economy while continuing to restructure the economy toward greater emphasis on the private sector. Growth, employment …
Persistent link: https://www.econbiz.de/10009002145
Firm turnover (i.e. firm entry and exit) is a well-recognized source of sectorlevel productivity growth across developing and developed countries. In contrast, the role and importance of firms switching activities from one sector to another is little understood. Firm switchers are likely to be...
Persistent link: https://www.econbiz.de/10009318534
Economic growth in Vietnam has been fairly resilient to the global commodity and financial crises, but it is unclear … left Vietnam little changed from a baseline (no crises) path in terms of aggregate indicators including the poverty rate …
Persistent link: https://www.econbiz.de/10008672347
experiences of Mozambique and Vietnam—two countries with similar levels and compositions of economic growth but divergent poverty … outcomes. We find that the structure of the Vietnamese economy more naturally lends itself to generating broad-based growth. A … Vietnam. Inadequate education, trade and transport systems are found to be more severe structural constraints to poverty …
Persistent link: https://www.econbiz.de/10008738739