The Impact Of Trade Liberalization On Household Welfare In Vietnam

Author : Ganesh Seshan
Publisher : World Bank Publications
Page : 50 pages
File Size : 53,6 Mb
Release : 2005
Category : Cost and standard of living
ISBN : 8210379456XXX

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The Impact of Trade Liberalization on Household Welfare in Vietnam by Ganesh Seshan Pdf

"What is the effect of trade liberalization on households in developing countries? To what extent do the poor benefit when local markets are made more accommodative to international trade? The author empirically analyzes the distributional impact of trade policies on households in a low-income country with a large rural economy where labor markets are imperfect. The methodology in this paper, which can be applied to various types of labor market conditions, relates changes in prices attributed to trade reforms to changes in household welfare, income distribution, and poverty using theoretically consistent measures of producer and consumer welfare. The author investigates the effects on poverty and income distribution of national and international market integration in Vietnam's rice sector and fertilizer market between 1993 and 1998, a period of ongoing market reforms when the national poverty rate fell sharply from 59 percent to 37 percent. ... " -- Cover verso.

Author : Ganesh Seshan
Publisher : Unknown
Page : 128 pages
File Size : 52,5 Mb
Release : 2012
Category : Electronic
ISBN : OCLC:931674489

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The Impact of Trade Liberalization on Household Welfare in Vietnam by Ganesh Seshan Pdf

What is the effect of trade liberalization on households in developing countries? To what extent do the poor benefit when local markets are made more accommodative to international trade? The author empirically analyzes the distributional impact of trade policies on households in a low-income country with a large rural economy where labor markets are imperfect. The methodology in this paper, which can be applied to various types of labor market conditions, relates changes in prices attributed to trade reforms to changes in household welfare, income distribution, and poverty using theoretically consistent measures of producer and consumer welfare. The author investigates the effects on poverty and income distribution of national and international market integration in Vietnam's rice sector and fertilizer market between 1993 and 1998, a period of ongoing market reforms when the national poverty rate fell sharply from 59 percent to 37 percent. He finds that when the effects of opening the rice and fertilizer market are isolated, Vietnam's agricultural trade reforms did not contribute to a significant improvement in overall household welfare or decline in poverty over this period. Nonetheless, the liberalization exercise can explain about half of the reduction in poverty incidence among farm households. The results also show that liberalization did not exacerbate income inequality, but did generate gains for rural households across the distribution, particularly the poor, at the expense of urban households.

Author : Minh Son Le,Tarlok Singh,Duc-Tho Nguyen
Publisher : Routledge
Page : 292 pages
File Size : 55,7 Mb
Release : 2015-08-11
Category : Business & Economics
ISBN : 9781317501527

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Trade Liberalisation and Poverty by Minh Son Le,Tarlok Singh,Duc-Tho Nguyen Pdf

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.

Author : Aylin Isik-Dikmelik
Publisher : World Bank Publications
Page : 50 pages
File Size : 40,7 Mb
Release : 2006
Category : Agricultural Production
ISBN : 8210379456XXX

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Trade Reforms and Welfare by Aylin Isik-Dikmelik Pdf

This paper analyzes the impact of trade reforms on household welfare. In particular, it studies the importance of each of the links that together constitute the impact using data from the Vietnamese experience in the 1990s. The implementation of trade reforms in the 1990s, most noteworthy of which was the liberalization of rice, resulted in substantial improvement in welfare as evidenced by the drastic decline in poverty. Using analytical and empirical methods, the author examines the role of each channel (direct versus indirect) in this improvement for different groups of households. Results indicate that the growth has been broad based and pro-poor. Poorer households experienced more growth for each and every group analyzed. And contrary to the standard literature, net buyer households had more growth compared with net sellers, emphasizing the importance of indirect links. Decomposition of the growth shows that for rural households, both the direct effect and the multiplier effect drive growth while the multiplier effect was key in urban areas. The importance of the secondary effects underscores the need for a broader model to estimate the impact of trade reforms fully.

Author : Aylin Isik-Dikmelik
Publisher : Unknown
Page : 50 pages
File Size : 52,5 Mb
Release : 2016
Category : Electronic
ISBN : OCLC:1290703707

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Trade Reforms and Welfare by Aylin Isik-Dikmelik Pdf

This paper analyzes the impact of trade reforms on household welfare. In particular, it studies the importance of each of the links that together constitute the impact using data from the Vietnamese experience in the 1990s. The implementation of trade reforms in the 1990s, most noteworthy of which was the liberalization of rice, resulted in substantial improvement in welfare as evidenced by the drastic decline in poverty. Using analytical and empirical methods, the author examines the role of each channel (direct versus indirect) in this improvement for different groups of households. Results indicate that the growth has been broad based and pro-poor. Poorer households experienced more growth for each and every group analyzed. And contrary to the standard literature, net buyer households had more growth compared with net sellers, emphasizing the importance of indirect links. Decomposition of the growth shows that for rural households, both the direct effect and the multiplier effect drive growth while the multiplier effect was key in urban areas. The importance of the secondary effects underscores the need for a broader model to estimate the impact of trade reforms fully.

Author : Paul Glewwe,Nisha Agrawal,David Dollar
Publisher : World Bank Publications
Page : 644 pages
File Size : 53,9 Mb
Release : 2004-01-01
Category : Business & Economics
ISBN : 0821355430

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Economic Growth, Poverty, and Household Welfare in Vietnam by Paul Glewwe,Nisha Agrawal,David Dollar Pdf

With the adoption of new market-oriented policies, Vietnam has transformed itself from one of the world's poorest countries during the 1980s, into an economy with one of the highest growth rates during the 1990s. Using macroeconomic and household survey data, this publication examines a range of issues including: the causes of Vietnam's economic growth and future prospects; the impact on household welfare and poverty levels, school enrolment, child health and other socioeconomic outcomes; and the nature of poverty in Vietnam and the effectiveness of government policies for poverty reduction, drawing lessons for Vietnam and for other low-income developing countries.

Author : Alessandro Nicita
Publisher : World Bank Publications
Page : 57 pages
File Size : 48,6 Mb
Release : 2004
Category : Bienestar economico
ISBN : 8210379456XXX

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Who Benefited from Trade Liberalization in Mexico? by Alessandro Nicita Pdf

Author : Sabine Daude
Publisher : Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
Page : 0 pages
File Size : 43,5 Mb
Release : 2005
Category : Poverty
ISBN : 3631538928

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Agricultural Trade Liberalization in the WTO and Its Poverty Implications by Sabine Daude Pdf

This volume analyzes poverty implications of agricultural liberalization commitments of the WTO. The chosen micro-macro approach examines the link between international trade liberalization policies and impacts at household level. The possible outcomes of the current Doha Round for the agricultural negotiations are simulated using a general equilibrium model. Two scenarios are analyzed relating to whether or not Vietnam, as an example of an accession candidate, becomes a member of the WTO. The resulting price changes are combined with household survey data to derive income and poverty effects. Results show that households in mountainous areas of northern Vietnam are negatively affected in their poverty position by agricultural trade liberalization in the WTO if Vietnam were not a member of the WTO, however, these households gain if Vietnam accedes to the WTO. The study concludes that although trade liberalization would lead to poverty reduction effects for households in these marginalized zones, this would need to be complemented by further measures within the framework of poverty reduction programs.

Author : International Development Research Centre (Canada),Institute of Southeast Asian Studies
Publisher : IDRC
Page : 192 pages
File Size : 40,9 Mb
Release : 2000
Category : Electronic books
ISBN : 9780889369047

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Socioeconomic Renovation in Viet Nam by International Development Research Centre (Canada),Institute of Southeast Asian Studies Pdf

Socioeconomic Renovation in Viet Nam: The origin, evolution and impact of Doi Moi

Author : Minh Son Le,Tarlok Singh,Duc-Tho Nguyen
Publisher : Routledge
Page : 292 pages
File Size : 50,7 Mb
Release : 2015-08-11
Category : Business & Economics
ISBN : 9781317501534

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Trade Liberalisation and Poverty by Minh Son Le,Tarlok Singh,Duc-Tho Nguyen Pdf

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.

Author : Marcelo Olarreaga,Bernard M. Hoekman
Publisher : Rowman & Littlefield
Page : 264 pages
File Size : 46,7 Mb
Release : 2007-11-01
Category : Business & Economics
ISBN : 9780815736721

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Global Trade and Poor Nations by Marcelo Olarreaga,Bernard M. Hoekman Pdf

A Brookings Institution Press and Yale Center for the Study of Globalization and Sciences-Po, Paris publication This thoughtful volume assesses the likely impact of reformed trade policies on the poorest of the poor—those on the bottom economic rungs in developing nations. The focus on a spectrum of poor nations across different regions provides some helpful and hopeful guidelines regarding the likely impacts of a global trade reform, agreed upon under the auspices of the World Trade Organization, as well as the impact of such reforms on economic development. In order to facilitate lesson-drawing across different regions, each country study utilizes a similar methodology. They combine information on trade policy at the product level with income and consumption data at the household level, thus capturing effects both on the macro level and in individual households where development policies ideally should improve day-to-day life. This uniformity of research approach across the country studies allows for a deeper and more robust comparison of results.

Author : Roderick Macdonald
Publisher : Springer Nature
Page : 508 pages
File Size : 54,5 Mb
Release : 2019-09-03
Category : Business & Economics
ISBN : 9783030197223

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Southeast Asia and the ASEAN Economic Community by Roderick Macdonald Pdf

This book is an introduction to the ASEAN Economic Community (AEC), the economic community founded by Southeast Asian nations. It provides both economic profiles of the member nations and an explanation of the Community itself. This book also discusses the impact of China on the AEC. The book is a starting point for research into the region or into any member country, whether for academic or for business purposes. With over 170 tables and figures as well as an abundance of historical facts, the book offers data-based insights.

Author : Centre for Economic Policy Research
Publisher : CEPR
Page : 350 pages
File Size : 49,5 Mb
Release : 2010-11-15
Category : Business & Economics
ISBN : 9781907142130

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Food Prices and Rural Poverty by Centre for Economic Policy Research Pdf

The impact of price developments on world food markets on poor households in developing countries is an important policy question. Who gains and who loses from agricultural commodity price changes depends on the specific circumstances of households, and, at the level of nations, on the structure of production and trade. The contributions to this volume review trends in international prices and trade patterns of key food commodities, and assess the incidence of food price changes in a number of developing countries using household level data on sources of incomes and consumption patterns.

Author : Anita Chan
Publisher : Institute of Southeast Asian Studies
Page : 364 pages
File Size : 41,6 Mb
Release : 2011-08-12
Category : Business & Economics
ISBN : 9789814311946

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Labour in Vietnam by Anita Chan Pdf

Two decades after Vietnam introduced a programme of economic renovation commonly known as Doi Moi, the country today allows market competition in industry, and a new working class has been created. This is the first book to focus on the role and conditions of workers in the new economic regime. The authors of the book trace Vietnam's labour history, explore the impact of the socialist legacy and examine the reasons for the large number of recent strikes. The book provides insights into the workforce of one of Asia's most rapidly developing industrial economies.

Author : Charles Ackah,Ernest Aryeetey
Publisher : IDRC
Page : 258 pages
File Size : 49,6 Mb
Release : 2012
Category : Business & Economics
ISBN : 9789988647360

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Globalization, Trade and Poverty in Ghana by Charles Ackah,Ernest Aryeetey Pdf

Citing a paucity of empirical evidence on the poverty and distributional impacts of trade policy reform in Ghana as the main motivation for this volume, the editors (both of the Institute of Statistical, Social and Economic Research at the U. of Ghana) present eleven papers that combine theory and econometric analysis in an effort to assess linkages between globalization, trade, and poverty (including gendered aspects). Specific topics examined include manufacturing employment and wage effects of trade liberalization; the influence of education on trade liberalization impacts on household welfare; trade liberalization and manufacturing firm productivity; the impact of elimination of trade taxes on poverty and income distribution; food prices, tax reforms, and consumer welfare under trade liberalization; impacts on tariff revenues; and impacts on cash cropping, gender, and household welfare; Distributed in the US by Stylus. Annotation ©2012 Book News, Inc., Portland, OR (booknews.com).