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Assessing the Potential Impact of the Global Crisis on the Labour Market and the Informal Sector in Vietnam

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  • Jean-Pierre Cling

    ()
    (DIAL Développement, Institutions & Analyses de Long terme, IRD Institut de Recherche pour le Développement)

  • Mireille Razafindrakoto

    (DIAL Développement, Institutions & Analyses de Long terme, IRD Institut de Recherche pour le Développement)

  • Francois Roubaud

    (DIAL Développement, Institutions & Analyses de Long terme, IRD Institut de Recherche pour le Développement)

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    Abstract

    Although the impact was less dramatic than in other Asian countries, Vietnam has been affected by the international crisis which started in 2008, resulting in a significant slowdown of economic growth. This paper aims at assessing the impact of this economic crisis on employment, unemployment and the informal sector. Contrarily to previous studies on this subject, we anticipate a very small increase of unemployment. According to our estimates, most of the impact of the crisis in terms of employment will actually be felt in the informal sector, where most new entrants on the labour market and laid(off workers will end up working. This feature will result in an urgent need to put in place specific policies to tackle informal sector low productivity and its manpower's lack of labour protection.

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    Bibliographic Info

    Paper provided by Development and Policies Research Center (DEPOCEN), Vietnam in its series Working Papers with number 05.

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    Length: 16 pages
    Date of creation: 2010
    Date of revision:
    Handle: RePEc:dpc:wpaper:0510

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    1. Cling, Jean-Pierre & Marouani, Mohamed Ali & Razafindrakoto, Mireille & Robilliard, Anne-Sophie & Roubaud, François, 2009. "The distributive impact of Vietnam’s accession to the WTO," Economics Papers from University Paris Dauphine, Paris Dauphine University 123456789/4321, Paris Dauphine University.
    2. repec:dau:papers:123456789/10658 is not listed on IDEAS
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    Cited by:
    1. Nordman, Christophe J. & Nguyen, Huu Chi & Roubaud, François, 2011. "Who Suffers the Penalty? A Panel Data Analysis of Earnings Gaps in Vietnam," Proceedings of the German Development Economics Conference, Berlin 2011, Verein für Socialpolitik, Research Committee Development Economics 60, Verein für Socialpolitik, Research Committee Development Economics.
    2. Xavier Oudin & Laure Pasquier-Doumer & Thai Pham Minh & Laure Pasquier-Doumer & Dat Vu Hoang, 2014. "Adjustment of the Vietnamese Labour Market in Time of Economic fluctuations and Structural Changes," Working Papers, DIAL (Développement, Institutions et Mondialisation) DT/2014/04, DIAL (Développement, Institutions et Mondialisation).
    3. Nguyen Thi Lan Huong & Luu Quan Tuan & Meissner, Matthias & Bui Sy Tuan & Dang Do Quyen & Nguyen Hai Yen, 2013. "Social Protection for the Informal Sector and the Informally Employed in Vietnam: Literature and data review," IEE Working Papers 199, Institut fuer Entwicklungsforschung und Entwicklungspolitik, Ruhr-Universitaet Bochum.
    4. Nordman, Christophe Jalil, 2009. "Vulnérabilité au travail," Economics Papers from University Paris Dauphine, Paris Dauphine University 123456789/10805, Paris Dauphine University.
    5. Jean-Pierre Cling & Mireille Razafindrakoto & François Roubaud, 2012. "Secteur informel, crise et politiques publiques au Vietnam," Working Papers, DIAL (Développement, Institutions et Mondialisation) DT/2012/11, DIAL (Développement, Institutions et Mondialisation).
    6. Hữu Chí, Nguyen & Thị Thu Huyền, Nguyen & Roubaud, François & Razafindrakoto, Mireille, 2010. "Vietnam labour market and informal economy in a time of crisis and recovery 2007-2009 : main findings of the Labour Force Surveys (LFS)," Economics Papers from University Paris Dauphine, Paris Dauphine University 123456789/7477, Paris Dauphine University.
    7. Mireille Razafindrakoto & François Roubaud & Jean-Michel Wachsberger, 2012. "Santé, Inégalités et ruptures sociales à Antananarivo, Premiers résultats de l’enquête SIRS 2003," Working Papers, DIAL (Développement, Institutions et Mondialisation) DT/2012/10, DIAL (Développement, Institutions et Mondialisation).
    8. Thị Thu Huyền, Nguyen & Hữu Chí, Nguyen & Ba Hien, Dinh & Ngọc Minh Nhung, Dao & Roubaud, François & Razafindrakoto, Mireille & Demenet, Axel, 2010. "Dynamics of the informal sector in Hanoi and Ho Chi Minh City 2007-2009 : main findings of the Household Business & Informal sector survey (HB&IS)," Economics Papers from University Paris Dauphine, Paris Dauphine University 123456789/7474, Paris Dauphine University.
    9. Roubaud, François & Razafindrakoto, Mireille & Nguyễn, Hữu Chí & Cling, Jean-Pierre, 2012. "Urbanization and access to labour market in Vietnam: Weight and characteristics of the informal sector," Economics Papers from University Paris Dauphine, Paris Dauphine University 123456789/10758, Paris Dauphine University.
    10. Cling, Jean-Pierre & Hữu Chí, Nguyen & Razafindrakoto, Mireille & Roubaud, François, 2010. "How deep was the impact of the economic crisis in Vietnam ? A focus on the informal sector in Hanoi and Ho Chi Minh City," Economics Papers from University Paris Dauphine, Paris Dauphine University 123456789/7476, Paris Dauphine University.
    11. Nguyen Manh Hung & Truong Thi Kim Anh & Vu Thanh Huong, 2012. "Challenges resulting from the global economic crisis,and responses by Vietnamese woman-led,export-oriented enterprises: A preliminary inquiry," Working Papers, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada. 12012, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..

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