Who gained from Vietnam's boom in the 1990s?
Vietnam's gains in poverty reduction were striking during the period from 1992-93 to 1997-98; given the small rise in inequality, it is evident that the country's impressive growth in the 1990s was broad-based. However, Vietnam cannot afford to be complacent because nearly half of its rura...
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Veröffentlicht in: | Economic development and cultural change |
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Format: | UnknownFormat |
Sprache: | eng |
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2002
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Zusammenfassung: | Vietnam's gains in poverty reduction were striking during the period from 1992-93 to 1997-98; given the small rise in inequality, it is evident that the country's impressive growth in the 1990s was broad-based. However, Vietnam cannot afford to be complacent because nearly half of its rural population remains poor, and both poor and nonpoor households are vulnerable to exogenous shocks. Moreover, poverty rates among its ethnic minorities remain very high. Vietnam's export-led growth and healty investment climate of the 1990s created employment for those who possessed the attributes needed to take advantage of such opportunities. One such attribute clearly is education. The analysis in this article illustrates the importance of education and the fact that the returns to education increased significantly during this period, particularly for higher levels of education. (DSE/DÜI) |
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Beschreibung: | In: Economic development and cultural change |
ISSN: | 0013-0079 |