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Economic growth, inequality, and poverty in Vietnam
Author(s) -
Nguyen Cuong V.,
Pham Nguyet M.
Publication year - 2018
Publication title -
asian‐pacific economic literature
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.232
H-Index - 21
eISSN - 1467-8411
pISSN - 0818-9935
DOI - 10.1111/apel.12219
Subject(s) - poverty , economics , poverty reduction , inequality , development economics , redistribution (election) , economic inequality , demographic economics , economic growth , political science , mathematics , politics , mathematical analysis , law
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 pro‐poor in the latter period. During the 1993–98 period, expenditure inequality increased and the poverty reduction during this period was mainly caused by economic growth. During the 2004–08 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.