Economic growth, inequality, and poverty in Vietnam
Cuong Nguyen () and
Nguyet M. Pham
Asian-Pacific Economic Literature, 2018, vol. 32, issue 1, 45-58
This study examines how poverty reduction has been associated with economic growth and inequality in Vietnam. It finds that although the speed of poverty reduction was lower in the 2000s than in the 1990s, economic growth was more proâ€ poor in the latter period. During the 1993â€“98 period, expenditure inequality increased and the poverty reduction during this period was mainly caused by economic growth. During the 2004â€“08 period, however, expenditure inequality decreased, thereby contributing to poverty reduction. The poverty incidence declined by around 5 percentage points, of which expenditure growth and redistribution contributed 2.8 and 2.2 percentage points of poverty reduction, respectively.
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