Perspective for the Vietnamese Economy in the Context of Asia and the Paci c: An econometric analysis with a global macro econometric model

Osamu Nakamura ()
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Osamu Nakamura: International University of University, http://www.iuj.ac.jp/

No EMS_2010_13, Working Papers from Research Institute, International University of Japan

Abstract: Within the transition period to a market oriented economy, Vietnam attracts foreign capitals to strengthen the supply-side economy. Especially, FDI plays a very important role to be achieving an export-led growth and contributes to the steady economic growth at 6-8% per annum. According to the scenario forecasts by means of the global model system, it is expected that the Vietnamese economy is likely to experience a high growth achieving a take-off stage with an export-led growth in the strong economic growth in Asia. It is noteworthy that the Vietnamese macro imbalances including I-S and trade imbalance, and so on, are also expected to be improved if FDI will be increasing.

Keywords: FDI; take-off stage; macro-econometric model; scenario forecast (search for similar items in EconPapers)
JEL-codes: C53 E17 F47 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2010-11
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