IMF Staff Country Reports

Vietnam: Selected Issues

November 29, 2006

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Vietnam: Selected Issues, (USA: International Monetary Fund, 2006) accessed November 24, 2024

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 potential unfavorable effects of inflation on poverty and growth are well known. To shed light on these questions, this paper analyzes the available empirical evidence using several different approaches. Petroleum price increases appear to have had a modest direct effect on inflation in Vietnam, peaking at about 1 percent in 2005.

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

Publication Details

  • Pages:

    71

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2006/422

  • Stock No:

    1VNMEA2006009

  • ISBN:

    9781451840391

  • ISSN:

    1934-7685