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Our paper examines the long run relationship in Vietnam between economic growth and the current account balance … equilibrium by relying on the BoP constrained growth model. We find that Vietnam grew less than the rate predicted when the period … hindered by a high ‘appetite’ for imports coming from Asia. We also assess the impact of the current crisis on Vietnam’s growth …
Persistent link: https://www.econbiz.de/10010701936
Many developing countries - Viet Nam included - continue to struggle to raise incomes per capita. A common feature of the growth and development process is a fundamental change in the pattern of economic activity, as households reallocate labour from traditional agriculture to more productive...
Persistent link: https://www.econbiz.de/10011663933
"Many developing countries--Viet Nam included--continue to struggle to raise incomes per capita. A common feature of the growth and development process is a fundamental change in the pattern of economic activity, as households reallocate labour from traditional agriculture to more productive...
Persistent link: https://www.econbiz.de/10011617034