How Does Vietnam's Accession to the World Trade Organization Change the Spatial Incidence of Poverty

How Does Vietnam's Accession to the World Trade Organization Change the Spatial Incidence of Poverty PDF Author: Tomoki Fujii
Publisher: World Bank Publications
ISBN:
Category : Economic Theory and Research
Languages : en
Pages : 35

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Book Description
Abstract: Trade policies can promote aggregate efficiency, but the ensuing structural adjustments generally create both winners and losers. From an incomes perspective, trade liberalization can raise gross domestic product per capita, but rates of emergence from poverty depend on individual household characteristics of economic participation and asset holding. To fully realize the growth potential of trade, while limiting the risk of rising inequality, policies need to better account for microeconomic heterogeneity. One approach to this is geographic targeting that shifts resources to poor areas. This study combines an integrated microsimulation-computable general equilibrium model with small area estimation to evaluate the spatial incidence of Vietnam's accession to the World Trade Organization. Provincial-level poverty reduction after full liberalization was heterogeneous, ranging from 2.2 percent to 14.3 percent. Full liberalization will benefit the poor on a national basis, but the northwestern area of Vietnam is likely to lag behind. Furthermore, poverty can be shown to increase under comparable scenarios.

How Does Vietnam's Accession to the World Trade Organization Change the Spatial Incidence of Poverty

How Does Vietnam's Accession to the World Trade Organization Change the Spatial Incidence of Poverty PDF Author: Tomoki Fujii
Publisher: World Bank Publications
ISBN:
Category : Economic Theory and Research
Languages : en
Pages : 35

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Book Description
Abstract: Trade policies can promote aggregate efficiency, but the ensuing structural adjustments generally create both winners and losers. From an incomes perspective, trade liberalization can raise gross domestic product per capita, but rates of emergence from poverty depend on individual household characteristics of economic participation and asset holding. To fully realize the growth potential of trade, while limiting the risk of rising inequality, policies need to better account for microeconomic heterogeneity. One approach to this is geographic targeting that shifts resources to poor areas. This study combines an integrated microsimulation-computable general equilibrium model with small area estimation to evaluate the spatial incidence of Vietnam's accession to the World Trade Organization. Provincial-level poverty reduction after full liberalization was heterogeneous, ranging from 2.2 percent to 14.3 percent. Full liberalization will benefit the poor on a national basis, but the northwestern area of Vietnam is likely to lag behind. Furthermore, poverty can be shown to increase under comparable scenarios.

How Does Vietnam's Accession to the World Trade Organization Change the Spatial Incidence of Poverty?

How Does Vietnam's Accession to the World Trade Organization Change the Spatial Incidence of Poverty? PDF Author: Tomoki Fujii
Publisher:
ISBN:
Category :
Languages : en
Pages : 35

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Book Description
Trade policies can promote aggregate efficiency, but the ensuing structural adjustments generally create both winners and losers. From an incomes perspective, trade liberalization can raise gross domestic product per capita, but rates of emergence from poverty depend on individual household characteristics of economic participation and asset holding. To fully realize the growth potential of trade, while limiting the risk of rising inequality, policies need to better account for microeconomic heterogeneity. One approach to this is geographic targeting that shifts resources to poor areas. This study combines an integrated microsimulation-computable general equilibrium model with small area estimation to evaluate the spatial incidence of Vietnam's accession to the World Trade Organization. Provincial-level poverty reduction after full liberalization was heterogeneous, ranging from 2.2 percent to 14.3 percent. Full liberalization will benefit the poor on a national basis, but the northwestern area of Vietnam is likely to lag behind. Furthermore, poverty can be shown to increase under comparable scenarios.

How Does Vietnam's Accession To The World Trade Organization Change The Spatial Incidence Of Poverty?

How Does Vietnam's Accession To The World Trade Organization Change The Spatial Incidence Of Poverty? PDF Author: Tomoki Fujii
Publisher:
ISBN:
Category : Electronic book
Languages : en
Pages :

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Book Description


How Does Viet Nam's Accession to the World Trade Organization Change the Spatial Incidence of Poverty?

How Does Viet Nam's Accession to the World Trade Organization Change the Spatial Incidence of Poverty? PDF Author: Tomoki Fujii
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Trade policies can promote aggregate efficiency, but the ensuing structural adjustments generally create both winners and losers. From an incomes perspective, trade liberalization can raise GDP per capita, but rates of emergence from poverty depend upon individual household characteristics of economic participation and asset holding. To more fully realize the growth potential of trade, while limiting the risk of rising inequality, policies need to better account for microeconomic heterogeneity. One approach to this is the geographic targeting, which shifts resources to poor areas. This study combines an integrated microsimulation-CGE model with the small area estimation to estimate the spatial incidence of Viet Nam's accession to the World Trade Organization. Provincial-level poverty reduction after full liberalization was heterogeneous, ranging from 2.2% to 14.3%. Full liberalization will benefit the poor on a national basis, but northwestern area of Viet Nam is likely to lagged behind. Furthermore, poverty can be shown to increase under comparable scenarios.

How Does Vietnam's Accession to the World Trade Organization Change the Spatial Incidence of Poverty

How Does Vietnam's Accession to the World Trade Organization Change the Spatial Incidence of Poverty PDF Author: Tomoki Fujii
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 35

Get Book Here

Book Description
Trade policies can promote aggregate efficiency, but the ensuing structural adjustments generally create both winners and losers. From an incomes perspective, trade liberalization can raise gross domestic product per capita, but rates of emergence from poverty depend on individual household characteristics of economic participation and asset holding. To fully realize the growth potential of trade, while limiting the risk of rising inequality, policies need to better account for microeconomic heterogeneity. One approach to this is geographic targeting that shifts resources to poor areas. This study combines an integrated microsimulation-computable general equilibrium model with small area estimation to evaluate the spatial incidence of Vietnam's accession to the World Trade Organization. Provincial-level poverty reduction after full liberalization was heterogeneous, ranging from 2.2 percent to 14.3 percent. Full liberalization will benefit the poor on a national basis, but the northwestern area of Vietnam is likely to lag behind. Furthermore, poverty can be shown to increase under comparable scenarios.

The Spatial Distribution of Poverty in Vietnam and the Potential for Targeting

The Spatial Distribution of Poverty in Vietnam and the Potential for Targeting PDF Author: Nicholas Minot
Publisher: World Bank Publications
ISBN:
Category : Anti-Poverty
Languages : en
Pages : 50

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Book Description
Abstract: Minot and Baulch combine household survey and census data to construct a provincial poverty map of Vietnam and evaluate the accuracy of geographically targeted antipoverty programs. First, they estimate per capita expenditure as a function of selected household and geographic characteristics using the 1998 Vietnam Living Standards Survey. Next, they combine the results with data on the same household characteristics from the 1999 census to estimate the incidence of poverty in each province. The results show that rural poverty is concentrated in 10 provinces in the Northern Uplands, 2 provinces in the Central Highlands, and 2 provinces in the Central Coast. The authors use Receiver Operating Characteristics curves to evaluate the effectiveness of geographic targeting. The results show that the existing poor communes system excludes large numbers of poor people, but there is potential for sharpening poverty targeting using a small number of easy-to-measure household characteristics. This paper is a joint product of Macroeconomics and Growth, Development Research Group, and the International Food Policy Research Institute. The authors may be contacted at n.minot@@cgiar.org or b.baulch@@lds.ac.uk.

Trade Reform in Vietnam

Trade Reform in Vietnam PDF Author: Philippe Auffret
Publisher: World Bank Publications
ISBN:
Category : Vietnam
Languages : en
Pages : 24

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Book Description
In 1986 Vietnam initiated a transition from a centrally planned economy to a market-oriented economy where the government would keep playing a leading role. These renovation (doi moi) policies were successful at generating economic growth and reducing poverty. In the ten-year socioeconomic strategy endorsed by the Ninth Party Congress in April 2001, the authorities further articulated their development objectives in terms of economic growth and poverty reduction. To reach these objectives, the government indicated that its structural reform priorities were to change Vietnam's trade and financial policies, liberalize the climate for private investment, increase the efficiency of public enterprises, and improve governance. The author argues that the pace of implementation of trade reform-which has been impressive so far-is raising new challenges. On one side, fast liberalization of trade reform may soon conflict with the slow pace of implementation of other reforms, including restructuring of state-owned enterprises and state-owned commercial banks. On the other side, Vietnam would greatly benefit from fast implementation of trade reform and particularly fast accession to the World Trade Organization (WTO), especially after China's recent WTO accession. Auffret concludes that implementation of trade reform will be a testing ground to reveal the extent of Vietnam's commitment to a market-oriented economy.

Vietnam's Transforming Economy & WTO Accession

Vietnam's Transforming Economy & WTO Accession PDF Author: Kym Anderson
Publisher: Institute of Southeast Asian
ISBN: 981230049X
Category : Political Science
Languages : en
Pages : 150

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Book Description
The unilateral and regional ASEAN and now APEC) trade and investment liberalizations pursued by Vietnam during recent years have begun transforming the economy. The next logical step is to join the World Trade Organization, an application for which was submitted in 1995. The WTO legal bindings will give traders and investors increased confidence in the reform programme. This book outlines what the WTO accession process involves, what policies Vietnam will have to change, and what the economic effects will be, particularly on rural development.

International Institutions and Economic Development in Asia

International Institutions and Economic Development in Asia PDF Author: Thanh Tri Vo
Publisher: Routledge
ISBN: 1136839178
Category : Business & Economics
Languages : en
Pages : 235

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Book Description
Covers the influence of international public goods and landmark developments and assesses how they have affected Asia’s development through the ‘Golden’ and ‘Silver Ages’ of economic development. It also considers the challenges for the continuation of a new ‘Platinum Age’ of development driven by China and India.

Trade Liberalisation and Poverty

Trade Liberalisation and Poverty PDF Author: Minh Son Le
Publisher: Routledge
ISBN: 1317501527
Category : Business & Economics
Languages : en
Pages : 313

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Book Description
This book uses Alan Winters’ analytical framework to investigate the effects of trade liberalisation on economic growth and poverty in Vietnam. The country launched a programme of economic and trade reforms, known as Doi Moi, in the mid-1980s which placed the economy on a transitional path from central planning to a market economy. Since then Vietnam has attained a number of remarkable achievements in terms of economic growth and poverty reduction. Although some formidable problems (such as inequality and inflation) remain, it is apparent that trade liberalisation has been associated with a big reduction in poverty. The analysis in the book focuses on the microeconomic (household) level, and there is an emphasis on tracing the effects of trade liberalisation through the four separate channels identified by Winters. Such in-depth and micro-level analyses yield new insights that support important policy lessons and recommendations for Vietnam in particular and, more generally, for similar developing countries.