scholarly journals A look-back to the relationship between economic growth and social equality in Vietnam thirty years after the renovation

2014 ◽  
Vol 17 (2) ◽  
pp. 95-104
Author(s):  
Tinh Phu Tran Do ◽  
Duyen My Pham ◽  
Huyen Thanh Nguyen ◽  
Nen Van Nguyen

This paper focuses on analyzing the achievements and limitations of Vietnam in the implementation of social equity in the economic growth process after the renovation in 1986. Economic growth generated capital to invest in social welfare, more income and opportunities for people to enjoy a prosperous life. However, besides above achievements, there still remain many limitations, such as: unsustainable development in income, living standard and poverty alleviation; low quality of health care, education and entertainment services. Based on the analysis of the causes of the limitations, this paper proposed the orientations for solving the relationship between the economic growth and social equality in Vietnam in the future.

2021 ◽  
Vol 7 (1) ◽  
Author(s):  
Xiang Yin ◽  
Zhiyi Meng ◽  
Xin Yi ◽  
Yong Wang ◽  
Xia Hua

AbstractChina has made great efforts to alleviate poverty in rural ethnic minority areas and targeted achieving the poverty-alleviation task by the end of 2020. Aba, Ganzi, and Liangshan, three of the poorest ethnic prefectures in Sichuan Province, Southwest China, have all implemented “Internet+” tactics since 2013, which have had the positive effect of increasing family revenues by improving communication infrastructure and encouraging the large-scale use of e-commerce. This paper aims to comprehensively investigate whether “Internet+” tactics play a key role in poverty alleviation in Sichuan’s rural ethnic minority areas and to propose further measures to enhance the efficiency of e-commerce practice. To this end, we conduct an analysis using the framework of classic growth theory and use panel data from 2000 to 2018 to examine the relationship between Communication Infrastructure Investment (CII) and a set of poverty-alleviation indicators, including local GDP growth rate (LGGR), local government revenue (LGR), and per-capita income of residents (PCIR). The results indicate that strengthening CII improves the PCIR and local economic growth, playing a key role in poverty alleviation. However, the stimulation of CII on LGGR and LGR wanes as time passes. More financial and technical actions will be needed to improve the efficiency and quality of current strategies for sustainable development in those areas.


2021 ◽  
pp. 1-15
Author(s):  
PHUC VAN PHAN

Public governance and income inequality relationship is complex and debatable. This paper examines the extent to which the quality of local governance affects inequality in Vietnam spanning the 2006–2016 period. I apply a generalized method of moments (GMM) estimators to a dynamic panel data extracted from the Vietnam’s provincial competitiveness index and the Vietnam household living standard surveys. The findings are that there is a positive inequality — corruption link but no statistically significant correlation coefficient between the overall level of governance and income disparity. The study, therefore, suggests that the Vietnamese Government at all levels should consider both more effective legal practices and economic low-cost solutions to mitigate corruption.


2014 ◽  
Vol 220 ◽  
pp. 79-96
Author(s):  
Anh Phạm Thị Hoàng ◽  
Thu Lê Hà

Foreign direct investment (FDI) is an essential source of capital in the gross investment conducive to national economic growth, including the case of Vietnam. Since the 1987 Foreign Investment Law, the country has attracted a large amount of foreign capital, which makes a significant contribution to economic development. This research employs a VAR model to analyze the relationship between FDI and Vietnam’s economic growth. The results suggest that FDI has a positive impact on the latter and vice versa. The research also finds that FDI stimulates export and improves the quality of human resources and technology - important prerequisites for the economic growth.


Author(s):  
Francesco Seatzu

Domestic resource mobilization (DRM) has assumed increasing significance as a form of financing for sustainable development and economic growth in Africa. This chapter explores the present and future roles of international law concerning the regulation of this form of financing for sustainable development and economic growth in Africa, as well as the main obstacles and challenges of mobilising DRM in African developing and less developed countries. While there is a wide array of questions and issues related to this form of financing for development that international conferences and summits, in particular the Monterrey Consensus on Financing for Development and the Addis Ababa Agenda for Action, have addressed in various forms and with different emphasis and results, the chapter focuses exclusively on some substantial issues, such as the use of DRM for the financing of the new Sustainable Development Goals and the relationship between DRM and poverty alleviation actions and strategies.


2012 ◽  
Vol 03 (02) ◽  
pp. 1250009
Author(s):  
CHARLES KENNY

Robert Solow's model of "exogenous" economic growth driven by the global diffusion of technology is out of fashion because it is contradicted by empirical evidence of income divergence. Today, economic growth is considered "endogenous" and institutions are seen as central to the long-term growth process. At the same time, non-income measures of quality of life do see strong patterns of global growth and convergence. This suggests that institutions may be less important to achieve progress in broader quality of life while a larger and important role concerns the factors that drive exogenous change, including the flow of technology and ideas.


2012 ◽  
Author(s):  
Francesco Sarracino

In the long run economic growth does not improve people's well-being. Traditional theories – adaptation and social comparisons – explain this evidence, but they don't explain what shapes the trend of subjective well-being and its differences across countries. Recent research identified in social capital a plausible candidate to explain the trends of well-being. This dissertation adopts various econometric techniques to explore the relationship over time among social capital, economic growth and subjective well-being. The main conclusion is that social capital is a good predictor of the trend of subjective well-being, both within and across countries. Hence, policies for well-being should aim at preserving and enhancing social capital for the quality of the social environment matters.


2020 ◽  
Vol 19 (2) ◽  
pp. 172-200 ◽  
Author(s):  
Taha Chaiechi ◽  
Caroline Wong ◽  
Silvia Tavares

Federal and local governments around the world usually hail urbanisation as a sign of economic progress. However, the relationship is not that simple. The existence of agglomeration economies does not mean that urbanisation will directly result in positive economic outcomes. Also, there is significant diversity in urban growth patterns, with each pattern resulting in different economic and social outcomes. The diversity in patterns of urban growth and transformation implies that different economies can grow at different speeds in achieving socioeconomic goals. This study explores the urban development of two tropical cities – Cairns and Singapore – with a focus on their different urban growth patterns. Cairns is an expanding tropical Australian city located far from main urban centres, meaning it needs attention to foster positive change that will produce distinctive urban spaces which improve quality of life while providing economic growth opportunities. The city of Singapore is a tropical island-state situated near the equator with limited land and natural resources, and one of the largest urban populations in Southeast Asia. Its landscapes are constantly changing as urban planning plays a key role in formulating and guiding the physical terrains of modern Singapore, thereby shaping the quality of life of its population.


2018 ◽  
Vol 3 (6) ◽  
pp. 55 ◽  
Author(s):  
Halimahton Borhan ◽  
Elsadig Musa Ahmed ◽  
Mizan Hitam

The purpose of the study is to examine the relationship between CO2 on quality of life and on economic growth in ASEAN 8. Pollution may directly decrease output and quality of life by decreasing productivity of man-made capital and labor. The income levels per capita gross domestic product per capita were measured from the year 1965 to 2010. This study formulates a three equation simultaneous model for empirical research. For panel data, the Hausman specification test is the classical test of whether the fixed or random effects model should be used. In the pollution indicator emissions CO2 in ASEAN 8, the Environmental Kuznets Curve relationship is found.   Keywords: Economic Growth; Environmental Kuznets Curve; Hausman Test; Simultaneity, Endogeneity eISSN 2514-7528 © 2018. The Authors. Published for AMER ABRA cE-Bs by e-International Publishing House, Ltd., UK. This is an open-access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia.


2020 ◽  
Vol 47 (4) ◽  
pp. 769-787
Author(s):  
Constantinos Alexiou ◽  
Sofoklis Vogiazas ◽  
Nikita Solovev

PurposeThe relationship between institutional quality and economic growth is revisited.Design/methodology/approachA panel cointegration methodology and causality analysis are applied to 27 postsocialist economies over the period from 1996 to 2016.FindingsUtilizing the Worldwide Governance Indicators as a means of assessing the quality of institutions, it is found that in the long run, economic growth is positively associated with the rule of law and voice and accountability. In the short run, regulatory quality retains a positive effect, but voice and accountability demonstrate a puzzling negative effect on economic growth that merits further analysis. In exploring the causal dimension of our variables, supporting evidence of the strong links between the quality of institutions and economic growth is provided, hence rendering robust results.Originality/valueTo the best of the authors’ knowledge, it is the first time that an ARDL methodological framework, which addresses potential endogeneity issues, is used to investigate the relationship between institutional quality and growth in the context of postsocialist economies.


Sign in / Sign up

Export Citation Format

Share Document