IDEAS home Printed from https://ideas.repec.org/p/hal/wpaper/hal-03863100.html
   My bibliography  Save this paper

Vietnam Macroeconomic Resilience Toward External Shocks

Author

Listed:
  • Nguyen Hong Son
  • Ly Dai Hung

    (Vietnam Institute of Economics, Hanoi, Vietnam)

Abstract

The paper investigates the macroeconomic resilience of Vietnam economy toward external shocks. The research method combines qualitative analysis, using literature review to shed a light on current economy, with quantitative analysis, using a time-series sample of Vietnam over 1990-2021. The results record that the Vietnam economy can absorb the external shocks by a quite rapid recovery and stable economic growth over time. The external shocks, however, usually cause changes in growth orbit and associated undermine potential macroeconomic instability. Therefore, the public policy architecture needs to improve the macroeconomic resilience to translate the external shocks into the macroeconomic stability in the coming years.

Suggested Citation

  • Nguyen Hong Son & Ly Dai Hung, 2022. "Vietnam Macroeconomic Resilience Toward External Shocks," Working Papers hal-03863100, HAL.
    • Handle: RePEc:hal:wpaper:hal-03863100
    Note: View the original document on HAL open archive server: https://hal.science/hal-03863100
    as

    Download full text from publisher

    File URL: https://hal.science/hal-03863100/document
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Resilience; External Shocks; Vietnam; E41; F36; E22;
    All these keywords.

    JEL classification:

    • E41 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Demand for Money
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:hal:wpaper:hal-03863100. 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: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    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.