IDEAS home Printed from https://ideas.repec.org/a/ids/ijtrgm/v11y2018i1-2p40-49.html
   My bibliography  Save this article

Operating the impossible trinity before and after the global financial crisis 2007-2008: evidence in Vietnam

Author

Listed:
  • Thuy Tien Ho
  • Thu Hoai Ho

Abstract

This paper focuses on analysing the changes in the impossible trinity administration in Vietnam before and after the global financial crisis 2007-2008. Using the indices representing the impossible trinity, including MI, ERS, and FO, as well as the regression models based on the ARDL method, the authors found that during the study period, the Vietnamese government had selected the exchange rate stability on the list of priorities. The combination with another goal in the impossible trinity, however, changed over two phases. In the period before the crisis, the financial integration was more focused while in the period after the financial crisis, the goal of monetary independence received greater attention. We also discovered that the Vietnamese government was likely to regulate the impossible trinity policies under the intermediary regime that showed the indicators of the impossible trinity with the value approaching 0.5.

Suggested Citation

  • Thuy Tien Ho & Thu Hoai Ho, 2018. "Operating the impossible trinity before and after the global financial crisis 2007-2008: evidence in Vietnam," International Journal of Trade and Global Markets, Inderscience Enterprises Ltd, vol. 11(1/2), pages 40-49.
    • Handle: RePEc:ids:ijtrgm:v:11:y:2018:i:1/2:p:40-49
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=92491
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Viet‐Ngu Hoang & Duc Khuong Nguyen & Tuan Pham, 2021. "On the effects of monetary policy in Vietnam: Evidence from a Trilemma analysis," The World Economy, Wiley Blackwell, vol. 44(5), pages 1428-1447, May.
    2. Van Dan Dang, 2020. "Bank funding and liquidity in an emerging market," International Journal of Economic Policy in Emerging Economies, Inderscience Enterprises Ltd, vol. 13(3), pages 256-272.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijtrgm:v:11:y:2018:i:1/2:p:40-49. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=130 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.