Tin mới
Rural Roads and Local Market Development in Vietnam
09/08/2010
The authors assess impacts of rural road rehabilitation on market development at the commune level in rural Vietnam and examine the variance of those impacts and the geographic, community, and household factors that explains it. Double difference and matching methods are used to address sources of selection bias in identifying impacts. The results point to significant average impacts on the development of local markets. They also uncover evidence of considerable impact heterogeneity, with a tendency for poorer communes to have higher impacts due to lower levels of initial market development. Yet, poor areas are also saddled with other attributes that reduce those impacts.
Funding the future
09/08/2010
Infrastructure development in Vietnam
09/08/2010
The Vietnamese Government has issued a new decree relating to BOT projects. Although the decree takes some steps forward, it is insufficient to make large scale foreign investment in BOT projects more likely to succeed. A truly common and clearly defined legal framework has not yet been achieved. This briefing examines the provisions of the decree.
Lack of knowhow, economic imbalances hold back nation
09/08/2010
The Global Crisis and Medium Term Growth Prospects for Developing Countries: The case of Vietnam
09/08/2010
Thanks to the high economic growth rate during the last 20 years, Vietnam is expected to join the middle-income country group by around 2010. The global financial crisis has severely impacted many countries, including Vietnam. The crisis together with the recent turbulence of macroeconomic development in the last two years has opened up several weakness of the economy, and begged the question whether Vietnam can continue her present course of economic development in the face of a changing world? This paper is an initial attempt to answer this question by (i) reviewing the economic development of Vietnam during the last 20 years, (ii) analyzing the impacts of the crisis on Vietnam and the policy responses by the government; and (iii) suggests some medium-term prospects and policy implications for the country.
