Trade Liberalisation and Poverty

Vietnam now and beyond

Business & Finance, Economics, Economic Conditions, Economic Development, Nonfiction, Social & Cultural Studies, Social Science
Cover of the book Trade Liberalisation and Poverty by Minh Son Le, Tarlok Singh, Duc-Tho Nguyen, Taylor and Francis
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Author: Minh Son Le, Tarlok Singh, Duc-Tho Nguyen ISBN: 9781317501527
Publisher: Taylor and Francis Publication: August 11, 2015
Imprint: Routledge Language: English
Author: Minh Son Le, Tarlok Singh, Duc-Tho Nguyen
ISBN: 9781317501527
Publisher: Taylor and Francis
Publication: August 11, 2015
Imprint: Routledge
Language: English

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.

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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.

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