TY  - BOOK
AU  - Dollar, David
ED  - Banco Mundial
TI  - Reform, growth, and poverty in Vietnam
T2  - Policy research working paper
U1  - 338.9597 
PY  - 2002///
CY  - Washington, D.C.
PB  - World Bank
KW  - ALIVIO DE LA POBREZA
KW  - CRECIMIENTO ECONOMICO
KW  - POLITICA ECONOMICA
KW  - REFORMA ECONOMICA
KW  - VIET NAM
KW  - MITIGACION DE LA POBREZA
KW  - REDUCCION DE LA POBREZA
KW  - PROGRESO ECONOMICO
KW  - ESTABILIZACION ECONOMICA
N1  - Trabajo presentado al: Workshop on Economic growth and household welfare: policy lessons for Vietnam", Hanoi, May 16-18, 2001; Incluye bibliografía
N2  - Vietnam 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
ER  -