Vietnam : On the Road to Labor-Intensive Growth?

Since Vietnam's adoption of the doi moi or renovation policy in 1986, the country has been undergoing the transition from central planning to a socialist market-oriented economy. This has translated into strong economic growth, led by the industrial sector, which expanded more than 13 percent a...

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Bibliographic Details
Main Author:	Belser, Patrick
Format:	Publications & Research
Language:	en_US
Published:	World Bank, Washington, DC 2015
Subjects:	employment transitional economy economic growth industrial sector labor intensive industries export oriented industries capital intensity manufacturing production labor regulations private sector development survey data household data foreign investments economic crisis accounting aged agriculture amount of land average annual growth banking system basic metals capital inflows central planning climate comparative advantage competitiveness current prices economic development elasticity equilibrium equilibrium models exchange rates export growth exports factors of production food industry foreign direct investment foreign investment forestry GDP GDP deflator GDP per capita gross output growth policies growth rate growth rates human capital import barriers imports income industrial expansion industrialization intermediate goods international trade iron labor costs labor force labor productivity living standards macroeconomic management managers marginal productivity market economies marketing minimum wages monopolies natural resources oil oil reserves partial equilibrium analysis private sector production costs production possibility frontier productivity growth quotas real GDP relative prices savings state enterprises statistical analysis sustainable growth tax rates taxation total output trade flows trade policies trade reforms transport vocational training workers
Online Access:	http://hdl.handle.net/10986/21410

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http://hdl.handle.net/10986/21410

Vietnam : On the Road to Labor-Intensive Growth?

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