Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/54014 
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dc.contributor.authorThurlow, Jamesen
dc.contributor.authorTarp, Finnen
dc.contributor.authorMcCoy, Simonen
dc.contributor.authorManh Hai, Nguyenen
dc.contributor.authorBreisinger, Clemensen
dc.date.accessioned2010-10-18-
dc.date.accessioned2011-12-15T13:16:08Z-
dc.date.available2011-12-15T13:16:08Z-
dc.date.issued2010-
dc.identifier.isbn978-92-9230-336-5en
dc.identifier.urihttp://hdl.handle.net/10419/54014-
dc.description.abstractEconomic growth in Vietnam has been fairly resilient to the global commodity and financial crises, but it is unclear why. In addition, the impact of the crises on employment and poverty is in dispute. We develop a dynamic computable general equilibrium model to decompose impacts and estimate distributional outcomes. Our results indicate that the 2008 commodity crisis increased employment and reduced poverty by favouring labour-intensive exports, especially in agriculture. The 2009 financial crisis reversed these gains. It pushed more than a million workers into unemployment and about 3 million people below the US$2-a-day poverty line, with the vast majority of these being rural dwellers. The net effect of the crises left Vietnam little changed from a baseline (no crises) path in terms of aggregate indicators including the poverty rate. An effective stimulus package has the potential to offset one third of the increase in poverty caused by the financial crisis leaving poverty rates below the (no crises) baseline.en
dc.language.isoengen
dc.publisher|aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinkien
dc.relation.ispartofseries|aWIDER Working Paper |x2010/98en
dc.subject.jelR0en
dc.subject.jelR5en
dc.subject.jelR14en
dc.subject.jelR52en
dc.subject.ddc330en
dc.subject.keywordeconomic crisisen
dc.subject.keywordgrowthen
dc.subject.keywordpovertyen
dc.subject.keywordVietnamen
dc.titleImpact of the global commodity and financial crises on poverty in Vietnam-
dc.typeWorking Paperen
dc.identifier.ppn636860132en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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