Economic Growth and Poverty Reduction in Viet Nam

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Economic Growth and Poverty Reduction in Viet Nam is written by Arsenio M. Balisacan and published by DIANE Publishing. It's available with International Standard Book Number or ISBN identification 1437980147 (ISBN 10) and 9781437980141 (ISBN 13).

Viet Nam's dramatic transition and growth in the 1990s have been attributed to a series of reforms, known as "doi moi," which began in the late 1980s. Economic growth of nearly 8% yearly benefited the poor and reduced poverty from 61% in 1993 to 37% in 1998. The proportionate increases in the incomes of the poorest quintile were appreciably larger than those of the top 20 or 40% of the population. This result is at variance with typical findings for other countries, which indicate that welfare gains from growth are smallest for the lowest quintile and rise with income group. The results for Viet Nam suggest that the faster the growth rate, the lesser becomes the role of distributive factors that directly influence the poor's well-being. A print on demand report.