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Economic structure and development in an emergent Asian economy: evidence from a social accounting matrix for vietnam

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  • Tarp, Finn
  • Roland-Holst, David
  • Rand, John

Abstract

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 matrix (SAM), compiled for the year 2000. The SAM reflects Vietnam’s heavy reliance on primary sector activities, but we also find that agricultural potential could be expanded significantly. In other sectors, the critical importance of sustained commitments to human capital development is apparent. In this context, the international donor community can support the ongoing transformation process through concerted training and capacity building initiatives that have proven successful elsewhere in the region.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Asian Economics.

Volume (Year): 13 (2003)
Issue (Month): 6 (January)
Pages: 847-871

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Handle: RePEc:eee:asieco:v:13:y:2003:i:6:p:847-871

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  1. Joseph E. Stiglitz & Shahid Yusuf, 2001. "Rethinking the East Asian Miracle," World Bank Publications, The World Bank, number 13969, October.
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Cited by:
  1. Vasco Molini & Guanghua Wan, 2008. "Discovering sources of inequality in transition economies: a case study of rural Vietnam," Economic Change and Restructuring, Springer, Springer, vol. 41(1), pages 75-96, March.
  2. Alvaro Gallardo & Cristian Mardones, 2013. "Environmentally extended social accounting matrix for Chile," Environment, Development and Sustainability, Springer, Springer, vol. 15(4), pages 1099-1127, August.
  3. Pham, Hung T, 2006. "Rural Nonfarm Employment Under Trade Reform Evidence From Vietnam, 1993-2002," MPRA Paper 6476, University Library of Munich, Germany.
  4. Stein Kristiansen, 2003. "Linkages and Rural Non-Farm Employment Creation: Changing Challenges and Policies in Indonesia," Working Papers, Agricultural and Development Economics Division of the Food and Agriculture Organization of the United Nations (FAO - ESA) 03-22, Agricultural and Development Economics Division of the Food and Agriculture Organization of the United Nations (FAO - ESA).

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