This document presents a prototype specification for a real computable general equilibrium (CGE) model. The prototype has some key features for assessing structural and poverty impacts:

Economic reforms and greater outward orientation are giving rise to extensive structural change in the Vietnamese economy. Because of the leverage that global markets can exert on an emerging economy, such adjustments will be particularly significant in the composition of domestic supply and...

Vietnam started a process of economic reform in 1986 and is presently opening up its economy to regional and global economic forces. As a result, Vietnam faces significant challenges in the area of economic policy analysis. This paper reviews insights emerging from a detailed social accounting...

The purpose of this report is to concentrate on performing in-depth analyses of selected issues of prominence and importance for the future success of the reform process rather than describing the current day-to-day operations and procedures in the financial sector. This eclectic approach...

The aim of this paper is to inform the reader about the access to credit of small and medium sized enterprises (SMEs) in Vietnam based on two SME surveys. Recent evidence from a variety of sources suggests that credit to available to SMEs has increased over the past few years. This is confirmed...

The aim of this paper is to inform the reader about the distribution of fringe benefits provided to employees by firms in 10 provinces of Vietnam. Five types of benefits are considered: Annual leave, maternity leave, sick leave, social insurance and health insurance. We especially focus on...

According to Lucas (1981) understanding business cycles is the first step in designing appropriate stabilization policies. In this paper, we demonstrate a series of ways in which developing countries differ from their developed counterparts when focus is on the nature and characteristics of...

The inflow of foreign direct investment (FDI) in Asian countries increased rapidly during the 1980s and 1990s, and a vast literature has found a positive association between FDI inflows and growth for developing countries, noting a series of threshold effects. Less attention has been paid in the...

Globalization poses special challenges for economies in transition, particularly those which have been slow to reform systems of administered prices. Such allocation mechanisms now encounter significant friction from external market forces, and it is vital for policymakers to better anticipate...

Over two-thirds of Vietnam’s population reside in the rural sector, and recent economic reform initiatives may not realize their full potential to benefit the rural sector if rural links to the rest of the economy are too weak. In this paper, we demonstrate how multiplier decomposition methods...