Situation embraces growth in Vietnam

Authors

  • Đỗ Sơn Tùng
  • Ma Ngọc Ngà

Abstract

All countries in the world are aimed at a common goal, which is to improve the incomes and living conditions of the people. Experience comes from developing country in the world today indicates that between economic growth and poverty reduction have a positive environment together. However, higher economic growth and poverty reduction is not perfect final achievement. One of the increasingly obvious consequences of the current economic growth is an increase in inequalities: the income of the rich is usually higher than the poor, and the poverty rate in rural areas is often reduced more slowly compared with the urban rate. Inequality causes social unrest, thereby reverse obstacle to poverty reduction and economic growth. The paper provides a comprehensive picture of the current state of growth spanning in Vietnam.

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Published

2015-11-16

Issue

Section

Economic Management