scholarly journals HO CHI MINH CITY ECONOMY IN RELATION TO THE VIETNAMESE ECONOMY AND FACTORS AFFECTING HO CHI MINH CITY ECONOMIC GROWTH

2014 ◽  
Vol 17 (3) ◽  
pp. 26-44
Author(s):  
Canh Nguyen Thi ◽  
Tuan Nguyen Quoc

This research paper is focused on analyzing situation of economic development in Ho Chi Minh City after nearly 30 years implementing economic reform policies in Vietnam to specify the position and role of Ho Chi Minh City economy in comparison with the whole nation’s. In this research, we applied qualitative method with data description and economic development indicators comparison. Data are secondary data which were obtained from Statistic Yearbooks of Vietnam and Ho Chi Minh City in periods 1990/2000/2005-2013. Results indicate that the Ho Chi Minh City economy remains the Vietnam’s largest which accounts for more than 20% GDP and a third of the national budget. The annual economic growth and average income per capita are 2-3% and two times higher than those of Vietnam respectively. The poverty rate is also the lowest in the country. Factors that positively affect the Ho Chi Minh City economic growth are capital and labor as reflected by higher productivity and efficiency (specifically Ho Chi Minh City’s ICOR is 1.5-1.78 times lower than Vietnam’s and laborproductivity is two times higher than that of Vietnam) and the greater contribution of the capital and labor factors to the economic growth. However, there are signals that Ho Chi Minh City economic growth is unsustainable, including (1) slower export volume and FDI; (2) reduced weight of industry sector, especially the slow growth of key high-technology disciplines; (3) the downgrading of the urban environment quality which reduces the green GDP growth; and (4) the gradual decrease of the total factor productivity (TFP) and its very small contribution to the Ho Chi Minh City economic growth. Based on the results, this paper suggests some solutions to a sustainable development for Ho Chi Minh City in the next period.

2011 ◽  
Vol 14 (1) ◽  
pp. 5-27
Author(s):  
Canh Thi Nguyen ◽  
Son Hung Tran

The purpose of this paper was to give an overview of economic development under reform and world integration and to evaluate the main factors influencing the growth of the Vietnamese economy during the reform period (1990-2009). Based on statistical data on the Vietnamese economy in the period of 1990-2009, this study analyzed the factors affecting economic growth. The policy changes, economic development, poverty rates and living standards of Vietnamese population are analyzed over the reform period using qualitative methods. The results of this study show that economic growth under reform and world integration has reduced the poverty rate and increased living standards of population in Vietnam. An evaluation of the factors influencing economic growth is made using a quantitative model of total factor productivity (TFP) and another econometric model. The findings from this quantitative analysis show that the growth of the Vietnamese economy was determined by two factors: (1) capital investments, including foreign direct investment (FDI) and (2) the growth of exports. The results of these qualitative and quantitative analyses lay the foundation for policy recommendations for Vietnam Government to develop economy in the future.


2021 ◽  
Vol 4 (1) ◽  
pp. 92
Author(s):  
Tea Kasradze ◽  
Nino Zarnadze

Numerous studies show that there is a positive correlation between education and the economic development of the country. Strong education systems have a positive impact not only on the success of individuals but also on the economy of the entire country. Graduates equipped with the skills required by the labor market can easily find a place in this market. Knowledge and skills relevant to market demand increase productivity have a positive impact on economic growth and development. Unfortunately, Covid Pandemic has severely damaged the education systems. Governments, scientists, and experts provide us with statistical information daily around the world about both the slowdown in economic growth as a whole and the problems of individual sectors of the economy. These are the problems and numbers that are already visible and it can be said that the losses are easily measurable. However, the damage caused to the economy by education systems affected by the pandemic will be felt by countries and humanity years later, nor will it be easy to calculate. The problem is even more difficult in poor and developing countries. This paper aims to study the impact of the Covid Pandemic on the education system and economy in Georgia. The research examines the reports and studies of various international organizations, analyzing the secondary data obtained from them. Local policy documents, government reports and regulations, and papers of different researchers have also been studied, conclusions have been made and relevant recommendations have been developed.


2019 ◽  
Vol 16 (1) ◽  
pp. 1-10
Author(s):  
Novegya Ratih Primandari

This research aims to analyze effect of economic growth, inflation and Unemployment on the Rate of Poverty in the Province of South Sumatera. This research used secondary data in the form of time series data from 2001-2017. The method used quantitative approach by applying a linear regression model with OLS estimation Ordinary Least Square (OLS) method. The results of this study indicate that partially and simultaneously Economic Growth, Inflation and Unemployment have a significant effect on the Poverty Rate in the Province of South Sumatera.


2022 ◽  
pp. 205-228
Author(s):  
Ferimah Yusufi

Fiscal policies are changing due to the conditions required by the COVID-19 pandemic towards the new world order. Under these circumstances, developed countries use their resources for their citizens, and international financial institutions step in for underdeveloped and developing countries with insufficient public resources of their own or are in debt and offer new credit opportunities to these countries. This study aims to analyze how public expenditures, one of the important policies in economic growth and development, will change during and after the COVID-19 pandemic. In light of the findings obtained from the literature review, the economic effects of the pandemic are explained by making a descriptive analysis of secondary data at the levels of country groups classified according to development and income level. Secondly, factors affecting the changes in the public expenditure of countries due to the pandemic were examined, and evaluations are made on the public expenditures in fiscal policies that will ensure the economic recovery and growth of countries after the pandemic.


2021 ◽  
Vol 20 (1) ◽  
pp. 23-34
Author(s):  
Evans Kulu ◽  
Samuel Mensah ◽  
Prince Mike Sena

The role of institutions in both the inflow and the impact of foreign direct investment is of great im¬portance. The quality of institutions in a country can direct investment towards improving growth. This paper analyzes the individual and combined effect of foreign direct investment and institutions on economic growth in Ghana. The paper used the Auto Regressive Distributed Lag (ARDL) tech¬nique for secondary data obtained from 1995 to 2019. All data series, except for the quality institution index, were drawn from the World Bank Development Indicators. Institutional Quality Index data was obtained from the Heritage Foundation’s Economic Freedom Index website. The results of the ARDL model indicate that foreign direct investment and a quality institutional index together have a significantly positive effect on a country’s economic growth compared to their individual effects in both the short and long run. The study recommends that government policies should be aimed at attracting foreign direct investment while strengthening institutions and regulations to enhance output growth.


Author(s):  
Oyetoun Dunmola Amao ◽  
Michael Akwasi Antwi ◽  
Oluwaseun Samuel Oduniyi ◽  
Timothy Olukunle Oni ◽  
Theresa Tendai Rubhara

This research sought to explore the performance of agricultural export products on economic growth in Nigeria from 1960 to 2016. Secondary data from the National Bureau of Statistics, the Central Bank of Nigeria’s Annual Statistical Bulleting, the World Bank, and World Development Indicators were used. The Generalized Method of Moments (GMM) model was explored in this study. The findings of the study show that food and live animals, beverages, and tobacco were found to be negative but significant to agricultural exports, while agricultural exports (total) and crude materials, inedible except fats, were found to be negative and insignificant to economic growth. Animal and vegetable oils and fats were found to be positive but insignificant to economic growth. Based on the following findings, it is recommended that policies aimed at increasing the productivity and quality of agricultural products, especially those from crops, should be implemented. There is also a need to devote more resources to the production of non-export goods to increase exports. Above all, more credit should be extended to the agricultural sector with a low or zero interest rate, which may lead to a higher rate of economic growth in Nigeria.


2017 ◽  
Vol 4 (2) ◽  
pp. 164
Author(s):  
Mohammad Saleh ◽  
Mochammad Dwi Ainoer Rizzal ◽  
Aisah Jumiati

Poverty is one of the problems that impede economic growth and national and regional development. It is therefore necessary to find solutions to reduce poverty and solve the problems that are being experienced. The purpose of this study to determine the influence of unemployment, wages and Gross Domestic Product (GDP) on poverty in Java. This research method is explanatory research method. The unit of analysis used in this study is the number of poor people in Java, factors affecting poverty include unemployment, wages and Gross Domestic Product (GDP). Data used in this research is secondary data. The results showed that the positive effect of unemployment and wages and GRDP a significant negative effect on poverty. From the results of this study are expected later able to provide references improvements creation of the welfare of society equally. Keywords: People poverty, unemployment, wage, Gross Regional Domestic Produc


2018 ◽  
Vol 9 (1) ◽  
pp. 22
Author(s):  
Nurdin Nurdin

This study uses secondary data collected by the object of research in Jambi Province in the form of factors affecting the economic growth of Jambi Province sourced from the Central Bureau of Statistics (BPS). Data were collected during the period 2004 to 2015. The purpose of this study is to analyze and know what factors affect the economic growth of Jambi Province period 2004-2015. The analytical tool used is this research using econometric analysis tool with Ordinary Least Square (OLS) method with multiple linear regression equation through the aid of SPSS software program. 21:00. Based on the discussion of data analysis results in this study, it can be concluded the result of R-squared calculation shown in the above equation obtained R2 value of 0.989. This shows that about 98.90 percent of the upturned economic growth (Yt) in Jambi Province is influenced by investment variable (X1t), capital expenditure (X2t), working population (X3t), unemployment (X4t) and poverty (X5t). While the remaining 1.10 percent, explained by other variables that are not included into the regression equation. Keywords: Economic Growth, Investment, Capital Expenditure, Working Population, Unemployment And Poverty


2019 ◽  
Vol 58 (1) ◽  
pp. 115-124
Author(s):  
Rummana Zaheer ◽  
Shahana Kiramat

Although it is very common to argue that the foreign direct investment is beneficial for the economic development of a nation. This exploration investigates the connection amongst FDI and economic development in case of Pakistan. In this study secondary data from 1985 to 2016 is taken to examine the relationship. The investigation included GDP as explained and exports and FDI as explanatory variables. To check data either it is stationary or not the study used Augmented Dickey Fuller test in our study. After making data stationary we have used OLS method to investigate the nature of relationship between the variables. Our results show that there is direct link amongst explained and explanatory variable. The findings also show that there is significant relationship between FDI and economic growth. After analyzing the calculations we came to know that foreign direct investment is a significant element for the economic development because it has positive impact and have significant relation with growth of an economy. Since FDI is an impressive element in economic development so, government should take steps to attract the foreign investors and make policies to encourage the trade liberalization to gain more from the foreign investment.


Author(s):  
Francis Kamau Ndung’u ◽  
Professor Niu Xiongying

The study aimed at investigating the effect of economic growth on employment in Sub-Saharan African. The study employed secondary data that was sourced from the World Bank, World development indicators and FAOSTAT covering 30 Sub Saharan African Countries for the period 1990 to 2015. The study employed the traditional neo-classical aggregate production function in its estimation of the regression results. The panel data obtained was analysed using the STATA software program. Hausman test was used and it determined that fixed effects estimation was preferred to random effects estimation and therefore fixed effects regression was used during the analysis. Empirical results on effect of economic growth on employment established that total employment, women in employment and men in employment statistically and significantly influenced economic growth and on the other hand economic sectors which comprised of domestic capital, imports, exports and services sectors statistically and significantly influenced economic growth.


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