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

  • 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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    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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    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. repec:dau:papers:123456789/10658 is not listed on IDEAS
    2. 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 123456789/4321, Paris Dauphine University.
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