The Impact of the Global Commodity and Financial Crises on Poverty in Vietnam
AbstractEconomic growth in Vietnam was resilient to the global commodity and financial crises, but it is unclear why. Impacts on employment and poverty are also disputed. We develop a dynamic computable general equilibrium model to decompose growth and distributional outcomes. Results indicate that the 2008 commodity crisis raised employment and reduced poverty by favoring labor-intensive exports. The 2009 financial crisis reversed these gains and pushed a million workers into unemployment and 3 million people below the poverty line. Overall, the crises and government stimulus package left growth and poverty in Vietnam virtually changed from a baseline (no crises) path.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by De Gruyter in its journal Journal of Globalization and Development.
Volume (Year): 2 (2011)
Issue (Month): 1 (August)
Contact details of provider:
Web page: http://www.degruyter.com
Other versions of this item:
- Thurlow, James & Tarp, Finn & McCoy, Simon & Hai, Ngugyen Manh & Breisinger, Clemens & Arndt, Channing, 2010. "The Impact of the Global Commodity and Financial Crises on Poverty in Vietnam," Working Paper Series wp2010-98, World Institute for Development Economic Research (UNU-WIDER).
- D5 - Microeconomics - - General Equilibrium and Disequilibrium
- G01 - Financial Economics - - General - - - Financial Crises
- I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
- O24 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Breisinger, Clemens & Ecker, Olivier & Al-Riffai, Perrihan & Engelke, Wilfried & Al-Bataly, Abdulmajeed, 2012. "Managing transition in Yemen: An assessment of the costs of conflict and development scenarios for the future," IFPRI discussion papers 1210, International Food Policy Research Institute (IFPRI).
- Laura Kiku Rodriguez-Takeuchi & Katsushi S. Imai, 2011.
"Food Price Surges and Poverty in Urban Colombia: New Evidence from Household Survey Data,"
Discussion Paper Series
DP2011-33, Research Institute for Economics & Business Administration, Kobe University.
- Rodriguez-Takeuchi, Laura & Imai, Katsushi S., 2013. "Food price surges and poverty in urban Colombia: New evidence from household survey data," Food Policy, Elsevier, vol. 43(C), pages 227-236.
- World Bank & United Nations & European Union & Islamic Development Bank, 2012. "Joint Social and Economic Assessment for the Republic of Yemen," World Bank Other Operational Studies 11920, The World Bank.
- Bryan, Elizabeth & De Pinto, Alessandro & Ringler, Claudia & Asuming-Brempong, Samuel & Bendaoud, LuÃs Artur & GivÃ¡, Nicia & Anh, Dao The & Mai, Nguyen Ngoc & Asenso-Okyere, Kwadwo & Sarpong, Da, 2012. "Institutions for agricultural mitigation: Potential and challenges in four countries," CAPRi working papers 107, International Food Policy Research Institute (IFPRI).
- World Bank, 2012. "Republic of Yemen - Joint Social and Economic Assessment," World Bank Other Operational Studies 12284, The World Bank.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Golla).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.