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Economic Growth and Macroeconomic Stability of Vietnam

Author

Listed:
  • Pham Sy An
  • Chu Minh Hoi
  • Tran Thi Kim Chi

Abstract

After nearly 30 years of renovation, Vietnam has gained remarkable achievements. High growth for many years has helped Vietnam join the group of middle-income countries and its living standards has improved steadily each year. The country’s integration is strong. However, besides the improved quality of growth and macroeconomic environment in the period from 1990 up to now, many problems still exist. The following will show the picture of economic growth and economic stability of Vietnam after 30 years of reform, the challenges posing to the process of development and integration in the near future, and some policy implications for Vietnam Government.

Suggested Citation

  • Pham Sy An & Chu Minh Hoi & Tran Thi Kim Chi, 2016. "Economic Growth and Macroeconomic Stability of Vietnam," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 135-144.
    • Handle: RePEc:bas:econst:y:2016:i:4:p:135-144
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    References listed on IDEAS

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    1. Timothy J. Kehoe & Edward C. Prescott, 2007. "Great depressions of the twentieth century," Monograph, Federal Reserve Bank of Minneapolis, number 2007gdott.
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    3. Edward C. Prescott, 2002. "Prosperity and Depression: 2002 Richard T. Ely Lecture," Working Papers 618, Federal Reserve Bank of Minneapolis.
    4. Edward C. Prescott, 2002. "Prosperity and Depression," American Economic Review, American Economic Association, vol. 92(2), pages 1-15, May.
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    Cited by:

    1. Yu Hsing & Minh Q. Huynh, 2019. "Effects of Depreciation and Appreciation of the Vietnamese Dong on Aggregate Output," Business and Economic Research, Macrothink Institute, vol. 9(2), pages 45-56, June.
    2. Md. Nur Alam Siddik, 2023. "Does macroeconomic stability promote economic growth? Some econometric evidence from SAARC countries," Asian Journal of Economics and Banking, Emerald Group Publishing Limited, vol. 7(3), pages 358-379, March.
    3. Nurudeen Abu & Mohd Zaini Abd Karim & Joseph David & Musa Abdullahi Sakanko & Onyewuchi Amaechi Ben-Obi & Awadh Ahmed Mohammed Gamal, 2022. "The Behaviour of Tax Revenue amid Corruption in Nigeria: Evidence from the Non-Linear ARDL Approach," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 55-76.

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    More about this item

    JEL classification:

    • E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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