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, while others have simply disappeared. This report argues that Vietnam should not envision a return to the old normal, but … communicate. The new normal for Vietnam will depend on many factors, but it will be to a large extent shaped by the way the … fiscal policy. Yet, by being ahead of the curve, Vietnam has a unique opportunity to increase its footprint in the world …
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"We analyze the setting of monetary and nonmonetary policies in monetary unions. We show that in these unions a time inconsistency problem in monetary policy leads to a novel type of free-rider problem in the setting of nonmonetary policies, such as labor market policy, fiscal policy, and bank...
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"We explore the role of government in the nexus of finance and trade starting from the earliest days of organised finance in England and then broadening the analysis to 84 countries from 1960 to 2004. For 18th century England, we find that the government expenditures and international trade did...
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Vietnam is at a crossroads. It can grow as an export platform for GVCs, specializing in low value-added assembly … functions with industrialization occurring in enclaves with little connection to the broader economy or society; or it can … the chain into higher value-added functions. Success will require Vietnam's policymakers to view the processes of …
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Over the past 30 years, Vietnam has experienced significant shifts of employment away from agriculture toward … employers. As a part of all of these measures, Vietnam will also have to renew its efforts to integrate vulnerable groups into …
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