Perspective for the Vietnamese Economy in the Context of Asia and the Paci c: An econometric analysis with a global macro econometric model
AbstractWithin the transition period to a market oriented economy, Vietnam attracts foreign capitals to strengthen the supply-side economy. Especially, FDI plays a very important role to be achieving an export-led growth and contributes to the steady economic growth at 6-8% per annum. According to the scenario forecasts by means of the global model system, it is expected that the Vietnamese economy is likely to experience a high growth achieving a take-off stage with an export-led growth in the strong economic growth in Asia. It is noteworthy that the Vietnamese macro imbalances including I-S and trade imbalance, and so on, are also expected to be improved if FDI will be increasing.
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Bibliographic InfoPaper provided by Research Institute, International University of Japan in its series Working Papers with number EMS_2010_13.
Length: 26 pages
Date of creation: Nov 2010
Date of revision:
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FDI; take-off stage; macro-econometric model; scenario forecast;
Find related papers by JEL classification:
- C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
- E17 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Forecasting and Simulation: Models and Applications
- F47 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Forecasting and Simulation: Models and Applications
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