Moving out of agriculture: Structural change in Viet Nam

During the past 20 years, Viet Nam underwent an economic transformation, featuring high rates of economic growth—real GDP increased at an average annual growth rate of 7 percent from 1986 to 2008 and GDP per capita in PPP terms tripled—and a sharp drop in poverty rates. These changes catapulted Viet...

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Detalles Bibliográficos
Autores principales: McCaig, Brian, Pavcnik, Nina
Formato: Capítulo de libro
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2017
Materias:
Acceso en línea:https://hdl.handle.net/10568/148033
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author McCaig, Brian
Pavcnik, Nina
author_browse McCaig, Brian
Pavcnik, Nina
author_facet McCaig, Brian
Pavcnik, Nina
author_sort McCaig, Brian
collection Repository of Agricultural Research Outputs (CGSpace)
description During the past 20 years, Viet Nam underwent an economic transformation, featuring high rates of economic growth—real GDP increased at an average annual growth rate of 7 percent from 1986 to 2008 and GDP per capita in PPP terms tripled—and a sharp drop in poverty rates. These changes catapulted Viet Nam out of the poorest quintile of countries (ahead of Cambodia and Bangladesh, but behind Laos and Kenya) in 1986, when its GDP per capita in PPP (2005 international dollars) was around only $800. At that point, the highly agrarian nature of Viet Nam’s economy placed it in the top quintile of countries with the largest share of agriculture in GDP and among the top 10 percent of countries with the highest share of workers in agriculture throughout the 1990s.
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spelling CGSpace1480332025-11-06T04:11:38Z Moving out of agriculture: Structural change in Viet Nam McCaig, Brian Pavcnik, Nina innovation structural adjustment education trade liberalization economic growth economic development health institutions trade policies productivity During the past 20 years, Viet Nam underwent an economic transformation, featuring high rates of economic growth—real GDP increased at an average annual growth rate of 7 percent from 1986 to 2008 and GDP per capita in PPP terms tripled—and a sharp drop in poverty rates. These changes catapulted Viet Nam out of the poorest quintile of countries (ahead of Cambodia and Bangladesh, but behind Laos and Kenya) in 1986, when its GDP per capita in PPP (2005 international dollars) was around only $800. At that point, the highly agrarian nature of Viet Nam’s economy placed it in the top quintile of countries with the largest share of agriculture in GDP and among the top 10 percent of countries with the highest share of workers in agriculture throughout the 1990s. 2017 2024-06-21T09:23:42Z 2024-06-21T09:23:42Z Book Chapter https://hdl.handle.net/10568/148033 en https://doi.org/10.2499/9780896292147 Open Access application/pdf International Food Policy Research Institute McCaig, Brian; and Pavcnik, Nina. 2017. Moving out of agriculture: Structural change in Viet Nam. In Structural change, fundamentals, and growth: A framework and case studies. McMillan, Margaret S.; Rodrik, Dani; and Sepúlveda, Claudia (Eds.). Chapter 2. Pp. 81-124. Washington, DC: International Food Policy Research Institue (IFPRI). https://doi.org/10.2499/9780896292147_ch2.
spellingShingle innovation
structural adjustment
education
trade liberalization
economic growth
economic development
health
institutions
trade policies
productivity
McCaig, Brian
Pavcnik, Nina
Moving out of agriculture: Structural change in Viet Nam
title Moving out of agriculture: Structural change in Viet Nam
title_full Moving out of agriculture: Structural change in Viet Nam
title_fullStr Moving out of agriculture: Structural change in Viet Nam
title_full_unstemmed Moving out of agriculture: Structural change in Viet Nam
title_short Moving out of agriculture: Structural change in Viet Nam
title_sort moving out of agriculture structural change in viet nam
topic innovation
structural adjustment
education
trade liberalization
economic growth
economic development
health
institutions
trade policies
productivity
url https://hdl.handle.net/10568/148033
work_keys_str_mv AT mccaigbrian movingoutofagriculturestructuralchangeinvietnam
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