Poverty Reduction Support Credits : Vietnam Country Study

Vietnam, a one-party socialist state dominated by the Communist Party of Vietnam, has in recent years moved towards a pragmatic growth-oriented approach to economic policy. Early reform measures in 1986 with the doi moi, or new way, introduced a se...

Full description

Bibliographic Details
Main Author: Grawe, Roger
Format: Working Paper
Language:English
en_US
Published: Washington, DC: World Bank 2017
Subjects:
ADB
NPL
TAX
Online Access:http://documents.worldbank.org/curated/en/434361468134369830/Poverty-reduction-support-credits-Vietnam-country-study
http://hdl.handle.net/10986/27914
id okr-10986-27914
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO INFORMATION
ACCOUNTABILITY
ADB
ADJUSTMENT LENDING
AGRICULTURAL DEVELOPMENT
AID EFFECTIVENESS
ANNUAL CYCLE
ARREARS
AUDITING
AUDITS
BANK POLICY
BANKING REFORM
BANKING SECTOR
BANKING SUPERVISION
BETTER ACCESS TO INFORMATION
BLOCK GRANTS
BORROWER
BUDGET ALLOCATIONS
BUDGET CONSTRAINT
BUDGET CYCLE
BUDGET DEFICITS
BUDGET LAW
BUDGET MANAGEMENT
BUDGET OUTCOMES
BUDGET PLAN
BUDGET PREPARATION
BUDGET PROCESS
BUDGET RESOURCES
BUDGETARY REFORMS
BUDGETING
CAPACITY BUILDING
CAPITAL EXPENDITURES
CAPITAL FORMATION
CAPITAL INVESTMENT
CENTRAL GOVERNMENT
CHART OF ACCOUNTS
CIVIL SOCIETY
CIVIL SOCIETY ORGANIZATION
COLLAPSE
COMMERCIAL BANK
COMMERCIAL BANKS
CONDITIONALITY
CONFIDENCE
CONTINGENT LIABILITIES
CORRUPTION
COUNTRY PROCUREMENT
COUNTRY PROCUREMENT ASSESSMENT
DATA AVAILABILITY
DATA REQUIREMENTS
DEBT
DEBT REDUCTION
DEBT SUSTAINABILITY
DEGREE OF VARIATION
DELEGATION OF AUTHORITY
DEVELOPMENT BANK
DIAGNOSTIC WORK
DISBURSEMENTS
DOMESTIC CAPITAL
DONOR COORDINATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC INSTABILITY
ECONOMIC POLICY
EDUCATION POLICY
EMPLOYMENT
EXCHANGE RATE
EXPENDITURE PLANNING
EXPENDITURES
EXPORT GROWTH
FIDUCIARY ASSESSMENT
FINANCE MANAGEMENT
FINANCE MINISTRY
FINANCIAL ACCOUNTABILITY
FINANCIAL CRISES
FINANCIAL CRISIS
FINANCIAL MANAGEMENT COMPONENTS
FINANCIAL SECTOR
FISCAL IMPLICATIONS
FISCAL POLICY
FOREIGN DIRECT INVESTMENT
GENERAL BUDGET SUPPORT
GOVERNMENT OFFICIALS
GOVERNMENT POLICY
GOVERNMENT REFORM
GOVERNMENT REVENUE
GROSS DOMESTIC PRODUCT
GROSS NATIONAL PRODUCT
HEALTH CARE
HEALTH MINISTRY
HEALTH OUTCOMES
HEALTH POLICY
HOUSEHOLD LIVING STANDARDS
HUMAN DEVELOPMENT
IMPORT DUTIES
IMPROVING BUDGET EXECUTION
INCOME
INEQUALITY
INFLATION
INFLATIONARY PRESSURES
INFORMATION SYSTEM
INFRASTRUCTURE SERVICES
INITIATIVE
INSTITUTIONAL DEVELOPMENT
INSTRUMENT
INTEREST RATE
INTERNATIONAL BANK
INTERNATIONAL DEVELOPMENT
INTERNATIONAL RESERVES
INTERNATIONAL SUPPORT
INVESTMENT CLIMATE
INVESTMENT CORPORATION
LEADERSHIP
LEGAL FRAMEWORK
LEGAL REFORM
LOAN
LOAN CLASSIFICATION
LOCAL GOVERNMENT
MACROECONOMIC MANAGEMENT
MACROECONOMIC POLICY
MACROECONOMIC STABILITY
MANAGEMENT INFORMATION SYSTEMS
MANDATES
MARKET ECONOMY
MEDIUM-TERM EXPENDITURE
MEDIUM-TERM EXPENDITURE FRAMEWORK
MEDIUM-TERM GOALS
MEDIUM-TERM PERSPECTIVE
MINISTER
MINISTERIAL COORDINATION
MINISTRY OF FINANCE
MONETARY FUND
MORAL HAZARD
MULTIYEAR PERIOD
NATIONAL OWNERSHIP
NATIONAL POVERTY
NATURAL DISASTERS
NATURAL RESOURCES
NPL
OUTCOME INDICATORS
OUTSIDE OBSERVERS
PERFORMANCE ASSESSMENT
POLICY DECISIONS
POLICY FORMULATION
POLITICAL CONSTRAINTS
POOR
POVERTY ANALYSIS
POVERTY REDUCING
POVERTY REDUCTION
POVERTY REDUCTION STRATEGIES
POVERTY REDUCTION STRATEGY
POVERTY REDUCTION STRATEGY PAPER
POVERTY REDUCTION SUPPORT
PRIVATE INVESTMENT
PRIVATE SECTOR
PRIVATE SECTOR INVESTMENT
PROGRAMS
PROVINCIAL LEVELS
PUBLIC ADMINISTRATION
PUBLIC EXPENDITURE
PUBLIC EXPENDITURE REVIEW
PUBLIC FINANCE
PUBLIC FINANCES
PUBLIC FINANCIAL MANAGEMENT
PUBLIC FINANCIAL MANAGEMENT SYSTEMS
PUBLIC INVESTMENT
PUBLIC INVESTMENT PROGRAM
PUBLIC SECTOR
PUBLIC SECTOR MANAGEMENT
RECURRENT EXPENDITURE
RECURRENT EXPENDITURES
REFORM ACTIONS
REFORM AGENDA
REFORM PROCESS
REFORM PROGRAM
REFORM PROJECT
REGULATORY FRAMEWORK
RESOURCE FLOWS
REVENUE FORECASTING
REVENUE PROJECTIONS
RURAL
RURAL DEVELOPMENT
RURAL WATER
RURAL WATER SUPPLY
SANITATION
SECTOR BUDGET
SECTOR POLICY
SECTOR PROGRAMS
SOCIAL INDICATORS
SOLICITATION
STATE BANK
STATE BUDGET
STATE TREASURY
STRUCTURAL ADJUSTMENT
STRUCTURAL REFORMS
SUSTAINABILITY ANALYSIS
SWAP
TARGETING
TAX
TAX ADMINISTRATION
TECHNICAL ASSISTANCE
TRANCHE
TRANSPARENCY
TREASURY SYSTEM
TRUST FUND
TRUST FUNDS
spellingShingle ACCESS TO INFORMATION
ACCOUNTABILITY
ADB
ADJUSTMENT LENDING
AGRICULTURAL DEVELOPMENT
AID EFFECTIVENESS
ANNUAL CYCLE
ARREARS
AUDITING
AUDITS
BANK POLICY
BANKING REFORM
BANKING SECTOR
BANKING SUPERVISION
BETTER ACCESS TO INFORMATION
BLOCK GRANTS
BORROWER
BUDGET ALLOCATIONS
BUDGET CONSTRAINT
BUDGET CYCLE
BUDGET DEFICITS
BUDGET LAW
BUDGET MANAGEMENT
BUDGET OUTCOMES
BUDGET PLAN
BUDGET PREPARATION
BUDGET PROCESS
BUDGET RESOURCES
BUDGETARY REFORMS
BUDGETING
CAPACITY BUILDING
CAPITAL EXPENDITURES
CAPITAL FORMATION
CAPITAL INVESTMENT
CENTRAL GOVERNMENT
CHART OF ACCOUNTS
CIVIL SOCIETY
CIVIL SOCIETY ORGANIZATION
COLLAPSE
COMMERCIAL BANK
COMMERCIAL BANKS
CONDITIONALITY
CONFIDENCE
CONTINGENT LIABILITIES
CORRUPTION
COUNTRY PROCUREMENT
COUNTRY PROCUREMENT ASSESSMENT
DATA AVAILABILITY
DATA REQUIREMENTS
DEBT
DEBT REDUCTION
DEBT SUSTAINABILITY
DEGREE OF VARIATION
DELEGATION OF AUTHORITY
DEVELOPMENT BANK
DIAGNOSTIC WORK
DISBURSEMENTS
DOMESTIC CAPITAL
DONOR COORDINATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC INSTABILITY
ECONOMIC POLICY
EDUCATION POLICY
EMPLOYMENT
EXCHANGE RATE
EXPENDITURE PLANNING
EXPENDITURES
EXPORT GROWTH
FIDUCIARY ASSESSMENT
FINANCE MANAGEMENT
FINANCE MINISTRY
FINANCIAL ACCOUNTABILITY
FINANCIAL CRISES
FINANCIAL CRISIS
FINANCIAL MANAGEMENT COMPONENTS
FINANCIAL SECTOR
FISCAL IMPLICATIONS
FISCAL POLICY
FOREIGN DIRECT INVESTMENT
GENERAL BUDGET SUPPORT
GOVERNMENT OFFICIALS
GOVERNMENT POLICY
GOVERNMENT REFORM
GOVERNMENT REVENUE
GROSS DOMESTIC PRODUCT
GROSS NATIONAL PRODUCT
HEALTH CARE
HEALTH MINISTRY
HEALTH OUTCOMES
HEALTH POLICY
HOUSEHOLD LIVING STANDARDS
HUMAN DEVELOPMENT
IMPORT DUTIES
IMPROVING BUDGET EXECUTION
INCOME
INEQUALITY
INFLATION
INFLATIONARY PRESSURES
INFORMATION SYSTEM
INFRASTRUCTURE SERVICES
INITIATIVE
INSTITUTIONAL DEVELOPMENT
INSTRUMENT
INTEREST RATE
INTERNATIONAL BANK
INTERNATIONAL DEVELOPMENT
INTERNATIONAL RESERVES
INTERNATIONAL SUPPORT
INVESTMENT CLIMATE
INVESTMENT CORPORATION
LEADERSHIP
LEGAL FRAMEWORK
LEGAL REFORM
LOAN
LOAN CLASSIFICATION
LOCAL GOVERNMENT
MACROECONOMIC MANAGEMENT
MACROECONOMIC POLICY
MACROECONOMIC STABILITY
MANAGEMENT INFORMATION SYSTEMS
MANDATES
MARKET ECONOMY
MEDIUM-TERM EXPENDITURE
MEDIUM-TERM EXPENDITURE FRAMEWORK
MEDIUM-TERM GOALS
MEDIUM-TERM PERSPECTIVE
MINISTER
MINISTERIAL COORDINATION
MINISTRY OF FINANCE
MONETARY FUND
MORAL HAZARD
MULTIYEAR PERIOD
NATIONAL OWNERSHIP
NATIONAL POVERTY
NATURAL DISASTERS
NATURAL RESOURCES
NPL
OUTCOME INDICATORS
OUTSIDE OBSERVERS
PERFORMANCE ASSESSMENT
POLICY DECISIONS
POLICY FORMULATION
POLITICAL CONSTRAINTS
POOR
POVERTY ANALYSIS
POVERTY REDUCING
POVERTY REDUCTION
POVERTY REDUCTION STRATEGIES
POVERTY REDUCTION STRATEGY
POVERTY REDUCTION STRATEGY PAPER
POVERTY REDUCTION SUPPORT
PRIVATE INVESTMENT
PRIVATE SECTOR
PRIVATE SECTOR INVESTMENT
PROGRAMS
PROVINCIAL LEVELS
PUBLIC ADMINISTRATION
PUBLIC EXPENDITURE
PUBLIC EXPENDITURE REVIEW
PUBLIC FINANCE
PUBLIC FINANCES
PUBLIC FINANCIAL MANAGEMENT
PUBLIC FINANCIAL MANAGEMENT SYSTEMS
PUBLIC INVESTMENT
PUBLIC INVESTMENT PROGRAM
PUBLIC SECTOR
PUBLIC SECTOR MANAGEMENT
RECURRENT EXPENDITURE
RECURRENT EXPENDITURES
REFORM ACTIONS
REFORM AGENDA
REFORM PROCESS
REFORM PROGRAM
REFORM PROJECT
REGULATORY FRAMEWORK
RESOURCE FLOWS
REVENUE FORECASTING
REVENUE PROJECTIONS
RURAL
RURAL DEVELOPMENT
RURAL WATER
RURAL WATER SUPPLY
SANITATION
SECTOR BUDGET
SECTOR POLICY
SECTOR PROGRAMS
SOCIAL INDICATORS
SOLICITATION
STATE BANK
STATE BUDGET
STATE TREASURY
STRUCTURAL ADJUSTMENT
STRUCTURAL REFORMS
SUSTAINABILITY ANALYSIS
SWAP
TARGETING
TAX
TAX ADMINISTRATION
TECHNICAL ASSISTANCE
TRANCHE
TRANSPARENCY
TREASURY SYSTEM
TRUST FUND
TRUST FUNDS
Grawe, Roger
Poverty Reduction Support Credits : Vietnam Country Study
geographic_facet East Asia and Pacific
Vietnam
relation IEG Working Paper;2010/9
description Vietnam, a one-party socialist state dominated by the Communist Party of Vietnam, has in recent years moved towards a pragmatic growth-oriented approach to economic policy. Early reform measures in 1986 with the doi moi, or new way, introduced a series of market-oriented reforms in industry and trade, as well as agriculture. The collapse of the Soviet Union in 1989 hastened the pace of reform, as the authorities intensified monetary, banking, and structural reforms and set the stage for substantial trade and investment liberalization, and as Vietnam's arrears with the International Monetary Fund (IMF) were settled in 1993. Key lessons that emerge from the Vietnam study include: a) the Poverty Reduction Support Credit (PRSC) process is strengthened through rigorous analytic underpinnings (for example, Vietnam development reports, public expenditure reviews, and other analytical and advisory services) that provide a shared vision of the development agenda and a menu of policy actions linked to the thematic pillars of the poverty reduction strategy; b) even in a context of high government commitment, fostering a connection to an external anchor (such as world trade organization accession) can help maintain momentum in the PRSC process and reform generally; c) PRSCs can function as an effective complement to, and catalyst for, sector operations including the development of sector-wide approaches and sector budget support; and d) with large numbers of international and government participants, it becomes increasingly important for both Government and the Bank that responsibilities for coordinating inputs and consultation and maintaining a policy overview be closely linked, defined, and adequately funded.
format Working Paper
author Grawe, Roger
author_facet Grawe, Roger
author_sort Grawe, Roger
title Poverty Reduction Support Credits : Vietnam Country Study
title_short Poverty Reduction Support Credits : Vietnam Country Study
title_full Poverty Reduction Support Credits : Vietnam Country Study
title_fullStr Poverty Reduction Support Credits : Vietnam Country Study
title_full_unstemmed Poverty Reduction Support Credits : Vietnam Country Study
title_sort poverty reduction support credits : vietnam country study
publisher Washington, DC: World Bank
publishDate 2017
url http://documents.worldbank.org/curated/en/434361468134369830/Poverty-reduction-support-credits-Vietnam-country-study
http://hdl.handle.net/10986/27914
_version_ 1764465118376099840
spelling okr-10986-279142021-04-23T14:04:44Z Poverty Reduction Support Credits : Vietnam Country Study Grawe, Roger ACCESS TO INFORMATION ACCOUNTABILITY ADB ADJUSTMENT LENDING AGRICULTURAL DEVELOPMENT AID EFFECTIVENESS ANNUAL CYCLE ARREARS AUDITING AUDITS BANK POLICY BANKING REFORM BANKING SECTOR BANKING SUPERVISION BETTER ACCESS TO INFORMATION BLOCK GRANTS BORROWER BUDGET ALLOCATIONS BUDGET CONSTRAINT BUDGET CYCLE BUDGET DEFICITS BUDGET LAW BUDGET MANAGEMENT BUDGET OUTCOMES BUDGET PLAN BUDGET PREPARATION BUDGET PROCESS BUDGET RESOURCES BUDGETARY REFORMS BUDGETING CAPACITY BUILDING CAPITAL EXPENDITURES CAPITAL FORMATION CAPITAL INVESTMENT CENTRAL GOVERNMENT CHART OF ACCOUNTS CIVIL SOCIETY CIVIL SOCIETY ORGANIZATION COLLAPSE COMMERCIAL BANK COMMERCIAL BANKS CONDITIONALITY CONFIDENCE CONTINGENT LIABILITIES CORRUPTION COUNTRY PROCUREMENT COUNTRY PROCUREMENT ASSESSMENT DATA AVAILABILITY DATA REQUIREMENTS DEBT DEBT REDUCTION DEBT SUSTAINABILITY DEGREE OF VARIATION DELEGATION OF AUTHORITY DEVELOPMENT BANK DIAGNOSTIC WORK DISBURSEMENTS DOMESTIC CAPITAL DONOR COORDINATION ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC INSTABILITY ECONOMIC POLICY EDUCATION POLICY EMPLOYMENT EXCHANGE RATE EXPENDITURE PLANNING EXPENDITURES EXPORT GROWTH FIDUCIARY ASSESSMENT FINANCE MANAGEMENT FINANCE MINISTRY FINANCIAL ACCOUNTABILITY FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL MANAGEMENT COMPONENTS FINANCIAL SECTOR FISCAL IMPLICATIONS FISCAL POLICY FOREIGN DIRECT INVESTMENT GENERAL BUDGET SUPPORT GOVERNMENT OFFICIALS GOVERNMENT POLICY GOVERNMENT REFORM GOVERNMENT REVENUE GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT HEALTH CARE HEALTH MINISTRY HEALTH OUTCOMES HEALTH POLICY HOUSEHOLD LIVING STANDARDS HUMAN DEVELOPMENT IMPORT DUTIES IMPROVING BUDGET EXECUTION INCOME INEQUALITY INFLATION INFLATIONARY PRESSURES INFORMATION SYSTEM INFRASTRUCTURE SERVICES INITIATIVE INSTITUTIONAL DEVELOPMENT INSTRUMENT INTEREST RATE INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL RESERVES INTERNATIONAL SUPPORT INVESTMENT CLIMATE INVESTMENT CORPORATION LEADERSHIP LEGAL FRAMEWORK LEGAL REFORM LOAN LOAN CLASSIFICATION LOCAL GOVERNMENT MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MACROECONOMIC STABILITY MANAGEMENT INFORMATION SYSTEMS MANDATES MARKET ECONOMY MEDIUM-TERM EXPENDITURE MEDIUM-TERM EXPENDITURE FRAMEWORK MEDIUM-TERM GOALS MEDIUM-TERM PERSPECTIVE MINISTER MINISTERIAL COORDINATION MINISTRY OF FINANCE MONETARY FUND MORAL HAZARD MULTIYEAR PERIOD NATIONAL OWNERSHIP NATIONAL POVERTY NATURAL DISASTERS NATURAL RESOURCES NPL OUTCOME INDICATORS OUTSIDE OBSERVERS PERFORMANCE ASSESSMENT POLICY DECISIONS POLICY FORMULATION POLITICAL CONSTRAINTS POOR POVERTY ANALYSIS POVERTY REDUCING POVERTY REDUCTION POVERTY REDUCTION STRATEGIES POVERTY REDUCTION STRATEGY POVERTY REDUCTION STRATEGY PAPER POVERTY REDUCTION SUPPORT PRIVATE INVESTMENT PRIVATE SECTOR PRIVATE SECTOR INVESTMENT PROGRAMS PROVINCIAL LEVELS PUBLIC ADMINISTRATION PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC FINANCE PUBLIC FINANCES PUBLIC FINANCIAL MANAGEMENT PUBLIC FINANCIAL MANAGEMENT SYSTEMS PUBLIC INVESTMENT PUBLIC INVESTMENT PROGRAM PUBLIC SECTOR PUBLIC SECTOR MANAGEMENT RECURRENT EXPENDITURE RECURRENT EXPENDITURES REFORM ACTIONS REFORM AGENDA REFORM PROCESS REFORM PROGRAM REFORM PROJECT REGULATORY FRAMEWORK RESOURCE FLOWS REVENUE FORECASTING REVENUE PROJECTIONS RURAL RURAL DEVELOPMENT RURAL WATER RURAL WATER SUPPLY SANITATION SECTOR BUDGET SECTOR POLICY SECTOR PROGRAMS SOCIAL INDICATORS SOLICITATION STATE BANK STATE BUDGET STATE TREASURY STRUCTURAL ADJUSTMENT STRUCTURAL REFORMS SUSTAINABILITY ANALYSIS SWAP TARGETING TAX TAX ADMINISTRATION TECHNICAL ASSISTANCE TRANCHE TRANSPARENCY TREASURY SYSTEM TRUST FUND TRUST FUNDS Vietnam, a one-party socialist state dominated by the Communist Party of Vietnam, has in recent years moved towards a pragmatic growth-oriented approach to economic policy. Early reform measures in 1986 with the doi moi, or new way, introduced a series of market-oriented reforms in industry and trade, as well as agriculture. The collapse of the Soviet Union in 1989 hastened the pace of reform, as the authorities intensified monetary, banking, and structural reforms and set the stage for substantial trade and investment liberalization, and as Vietnam's arrears with the International Monetary Fund (IMF) were settled in 1993. Key lessons that emerge from the Vietnam study include: a) the Poverty Reduction Support Credit (PRSC) process is strengthened through rigorous analytic underpinnings (for example, Vietnam development reports, public expenditure reviews, and other analytical and advisory services) that provide a shared vision of the development agenda and a menu of policy actions linked to the thematic pillars of the poverty reduction strategy; b) even in a context of high government commitment, fostering a connection to an external anchor (such as world trade organization accession) can help maintain momentum in the PRSC process and reform generally; c) PRSCs can function as an effective complement to, and catalyst for, sector operations including the development of sector-wide approaches and sector budget support; and d) with large numbers of international and government participants, it becomes increasingly important for both Government and the Bank that responsibilities for coordinating inputs and consultation and maintaining a policy overview be closely linked, defined, and adequately funded. 2017-08-17T18:28:21Z 2017-08-17T18:28:21Z 2010-09 Working Paper http://documents.worldbank.org/curated/en/434361468134369830/Poverty-reduction-support-credits-Vietnam-country-study 978-1-60244-152-1 http://hdl.handle.net/10986/27914 English en_US IEG Working Paper;2010/9 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Working Paper Publications & Research East Asia and Pacific Vietnam