Impact of Macroeconomic Indicators and Resources on Vietnam’s Economic Growth

Ho Ngoc Khuong ()
Additional contact information
Ho Ngoc Khuong: Ho Chi Minh City University of Technology and Education

Chapter Chapter 13 in Global Changes and Sustainable Development in Asian Emerging Market Economies: Volume 1, 2024, pp 223-233 from Springer

Abstract: Abstract The economy of Vietnam is experiencing sustainable economic growth. Specifically, GDP is a very powerful metric to gauge the economic health of a country, and it reflects a country’s total output. Thus, the purpose of this study is to assess that the macroeconomic background in Vietnam is at a stable level, based on the close association of macroeconomic factors with the significant impact of shocks from the world economy; simultaneously, it also analyzes how human capital and physical capital interact to influence the economic growth of Vietnam. As a response to analyzing mechanisms of economic growth between 1986 and 2021, the present paper discovered that economic variables, human capital, and physical capital can contribute to economic growth in different time dimensions, but their respective efficiency varies. As a result of the research, the author also gives some recommendations for economic development in Vietnam.

Keywords: Economic growth; Macroeconomic indicators; Resources (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-68838-6_13

Ordering information: This item can be ordered from
http://www.springer.com/9783031688386

DOI: 10.1007/978-3-031-68838-6_13

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().