Vietnam: Selected Issues

International Monetary Fund

No 2006/422, IMF Staff Country Reports from International Monetary Fund

Abstract: Vietnam was remarkably successful in bringing down inflation in the 1990s to a single-digit range, after a period of high inflation in the late 1980s. The potential unfavorable effects of inflation on poverty and growth are well known. To shed light on these questions, this paper analyzes the available empirical evidence using several different approaches. Petroleum price increases appear to have had a modest direct effect on inflation in Vietnam, peaking at about 1 percent in 2005.

Keywords: ISCR; CR; Vietnam; short-term debt; price; trade openness; equilibrium exchange rate model; trade balance; developments in Vietnam; exchange rate development; inflation dynamics; Inflation; Real exchange rates; Capital account; Capital outflows; Asia and Pacific; Europe; Global (search for similar items in EconPapers)
Pages: 71
Date: 2006-11-29
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Citations: View citations in EconPapers (3)

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