Vietnam: Selected Issues
IMF Staff Country Reports, November 29, 2006
Source details
- Canonical URL
- Vietnam: Selected Issues
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Bibliographic details
- Published: November 29, 2006
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451840391.002
Summary
- Vietnam was remarkably successful in bringing down inflation in the 1990s to a single-digit range, after a period of high inflation in the late 1980s.
- The paper analyzes available empirical evidence using several different approaches to shed light on the potential unfavorable effects of inflation on poverty and growth.
- Petroleum price increases appear to have had a modest direct effect on inflation in Vietnam, peaking at about 1 percent in 2005.
Key findings and analysis
- Inflation trajectory:
- High inflation in the late 1980s.
- Reduction to single-digit inflation in the 1990s.
- Impact of petroleum prices:
- Petroleum price increases had a modest direct effect on inflation.
- The direct effect peaked at about 1 percent in 2005.
- Analytical approach:
- The paper uses several different empirical approaches to assess the links between inflation, poverty, and growth.
Subjects and keywords
- Subject: Balance of payments, Capital account, Capital outflows, External debt, Foreign exchange, Inflation, Prices, Real effective exchange rates, Real exchange rates
- Keywords: Asia and Pacific, Capital account, Capital outflows, CR, developments in Vietnam, equilibrium exchange rate model, Europe, exchange rate development, Global, Inflation, inflation dynamics, ISCR, price, Real exchange rates, short-term debt, trade balance, trade openness, Vietnam
Content in this bundle
- Vietnam: Selected Issues; Country Report 06/422; October 6, 2006