Credit Misallocation And Economic Growth In Vietnam PDF Download
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| Author | : Mitsuru Katagiri |
| Publisher | : International Monetary Fund |
| Total Pages | : 22 |
| Release | : 2019-09-06 |
| Genre | : Business & Economics |
| ISBN | : 1513514954 |
Download Credit Misallocation and Economic Growth in Vietnam Book in PDF, ePub and Kindle
The legacy of non-performing loans and high opportunity cost of government financing of bank recapitalization impeded the efficiency of financial intermediation and are an important policy issue in Vietnam. This paper presents a theoretical and empirical analysis of the issue. An empirical analysis using corporate data indicates credit misallocation between state owned enterprises and private firms in Vietnam. On the theoretical side, a micro-founded banking model is embedded in a political economy setting to assess the factors determining the size of bank recapitalization and its effects on the efficiency of financial intermediation, economic growth and welfare. The analysis suggests that recapitalization depends on an array of factors, including the tightness of the government budget and the decision maker’s concern for the favored sector.
| Author | : International Monetary Fund. Asia and Pacific Dept |
| Publisher | : International Monetary Fund |
| Total Pages | : 33 |
| Release | : 2017-07-06 |
| Genre | : Business & Economics |
| ISBN | : 1484307658 |
Download Vietnam Book in PDF, ePub and Kindle
This Selected Issues paper analyzes the impact of environment and climate change on Vietnam’s economic growth. Vietnam’s economy and population are expected to be increasingly affected by climate change. In addition, the country’s growth model—which permitted quick reduction of poverty—has been unsustainably relying on mining and natural resources. The level of air, land and water pollution has also increased in the country. Well aware of the critical challenges faced by the country, the government has undertaken numerous initiatives and programs to adapt the economy to climate change risks and transform the growth model to support an environmental-friendly economy, but significant challenges remain.
| Author | : International Monetary Fund. Asia and Pacific Dept |
| Publisher | : International Monetary Fund |
| Total Pages | : 33 |
| Release | : 2017-07-05 |
| Genre | : Business & Economics |
| ISBN | : 1484307577 |
Download Vietnam Book in PDF, ePub and Kindle
This Selected Issues paper analyzes the impact of environment and climate change on Vietnam’s economic growth. Vietnam’s economy and population are expected to be increasingly affected by climate change. In addition, the country’s growth model—which permitted quick reduction of poverty—has been unsustainably relying on mining and natural resources. The level of air, land and water pollution has also increased in the country. Well aware of the critical challenges faced by the country, the government has undertaken numerous initiatives and programs to adapt the economy to climate change risks and transform the growth model to support an environmental-friendly economy, but significant challenges remain.
| Author | : Mitsuru Katagiri |
| Publisher | : International Monetary Fund |
| Total Pages | : 22 |
| Release | : 2019-09-06 |
| Genre | : Business & Economics |
| ISBN | : 1513511769 |
Download Credit Misallocation and Economic Growth in Vietnam Book in PDF, ePub and Kindle
The legacy of non-performing loans and high opportunity cost of government financing of bank recapitalization impeded the efficiency of financial intermediation and are an important policy issue in Vietnam. This paper presents a theoretical and empirical analysis of the issue. An empirical analysis using corporate data indicates credit misallocation between state owned enterprises and private firms in Vietnam. On the theoretical side, a micro-founded banking model is embedded in a political economy setting to assess the factors determining the size of bank recapitalization and its effects on the efficiency of financial intermediation, economic growth and welfare. The analysis suggests that recapitalization depends on an array of factors, including the tightness of the government budget and the decision maker’s concern for the favored sector.
| Author | : Vu Tuan Anh |
| Publisher | : Institute of Southeast Asian Studies |
| Total Pages | : 77 |
| Release | : 1994 |
| Genre | : Business & Economics |
| ISBN | : 9813016833 |
Download Development in Vietnam Book in PDF, ePub and Kindle
Vietnam's economy has been fundamentally changed by the policy reforms implemented in the 1980s to provide an environment that is more conducive for economic growth and social stabilization. The policy reforms have had a tremendous impact on economic activities and on all aspects of social life. The economy is presently moving from a centrally planned system largely based on public ownership to a market-oriented and mixed economy. Social structures and values have changed, and legal, institutional, and administrative systems are gradually changing as well. The reform process gives rise to exciting challenges and opportunities for development. Based largely on Vietnamese sources of data and information, this book presents an analysis of the main features of economic policy reforms in Vietnam, their socioeconomic impact, and several major theoretical and practical problems Vietnam faces on its path to development.
| Author | : Dong Phong Nguyen |
| Publisher | : World Scientific |
| Total Pages | : 808 |
| Release | : 2021-02-10 |
| Genre | : Business & Economics |
| ISBN | : 9811227160 |
Download Recent Developments In Vietnamese Business And Finance Book in PDF, ePub and Kindle
Recent Developments in Vietnamese Business and Finance, is the first volume in the series titled Vietnam and the Global Economy. This edited volume is a collection of papers presented at the International Conference on Business and Finance (ICBF) 2019, organized by the Institute of Business Research (IBR), University of Economics Ho Chi Minh City, Vietnam, and focuses on recent issues in business and finance with Vietnam as the main focus of study. The book covers various issues from innovation to gender equality and the banking sector, with analyses on the policies and managerial implications.
| Author | : Francesco Manaresi |
| Publisher | : International Monetary Fund |
| Total Pages | : 75 |
| Release | : 2019-05-17 |
| Genre | : Business & Economics |
| ISBN | : 1498315917 |
Download Credit Supply and Productivity Growth Book in PDF, ePub and Kindle
We study the impact of bank credit on firm productivity. We exploit a matched firm-bank database covering all the credit relationships of Italian corporations, together with a natural experiment, to measure idiosyncratic supply-side shocks to credit availability and to estimate a production model augmented with financial frictions. We find that a contraction in credit supply causes a reduction of firm TFP growth and also harms IT-adoption, innovation, exporting, and adoption of superior management practices, while a credit expansion has limited impact. Quantitatively, the credit contraction between 2007 and 2009 accounts for about a quarter of observed the decline in TFP.
| Author | : Sibabrata Das |
| Publisher | : Springer Nature |
| Total Pages | : 444 |
| Release | : |
| Genre | : |
| ISBN | : 3031597281 |
Download Economic Growth and Development Book in PDF, ePub and Kindle
| Author | : International Monetary Fund. Asia and Pacific Dept |
| Publisher | : International Monetary Fund |
| Total Pages | : 94 |
| Release | : 2019-07-16 |
| Genre | : Business & Economics |
| ISBN | : 1498326803 |
Download Vietnam Book in PDF, ePub and Kindle
This 2019 Article IV Consultation with Vietnam highlights that gradual fiscal consolidation, strict limits on government guarantees and robust growth in recent years have led to declining government debt, expected to continue under current policies. But while there is some fiscal space, fiscal needs are large, for infrastructure, social spending and to deal with population aging. The tightening of credit growth continued in 2018; however, liquidity remained ample, aided by the strong balance of payments and tight fiscal policies. The State Bank of Vietnam has initiated plans to modernize its monetary framework with IMF technical support. The authorities’ efforts to improve economic institutions and governance continue and the fight against grand corruption has resulted in significant sentences in recent high-profile cases. Improvements in transparency and statistical systems are underway, with support from the IMF and the Financial Action Task Force’s Asia Pacific Group.
| Author | : OECD |
| Publisher | : OECD Publishing |
| Total Pages | : 322 |
| Release | : 2020-07-01 |
| Genre | : |
| ISBN | : 9264858733 |
Download OECD Development Pathways Multi-dimensional Review of Viet Nam Towards an Integrated, Transparent and Sustainable Economy Book in PDF, ePub and Kindle
Since the launch of the Ðổi Mới economic reforms in 1986, Viet Nam has achieved tremendous economic and social progress. Today, it is well integrated on global markets, has enjoyed robust growth, and has seen remarkable poverty reduction.
