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The Vietnamese economy is characterized by a high degree of international trade openness and a relatively low GDP share of net-exports. This paper examines the effect of growth in the terms of trade, and more specifically, in international commodity prices, on Vietnam's GDP per capita growth....
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commodity-oriented countries. Therefore, the study of the impact of world commodity prices on the dynamics of economic growth of … tools is an urgent task. The purpose of the study is the impact of volatility and the level of world commodity prices on … simultaneous accounting of the level of world commodity prices and their volatility, allows us to empirically evaluate the …
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