IMF Working Papers

Digitalization and Social Protection: Macro and Micro Lessons for Vietnam

By Amr Hosny, Alexandre Sollaci

September 16, 2022

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Amr Hosny, and Alexandre Sollaci. Digitalization and Social Protection: Macro and Micro Lessons for Vietnam, (USA: International Monetary Fund, 2022) accessed November 21, 2024

Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

The COVID-19 shock has underscored the importance of digital tools for enhancing the effectiveness and efficiency of social protection systems. Cross-country evidence suggests that digital IDs linked with bank and/or mobile money accounts can improve the delivery of social protection programs and better reach eligible beneficiaries. Using data from the Vietnam Household Living Standard Survey, we present micro simulations on the welfare gains of digital social protection during the pandemic. While digitalization offers opportunities, potential risks would need to be carefully managed. Vietnam is advancing on individual pieces of the digitalization puzzle, including full digital IDs and mobile money, and the next step is to put these pieces together.

Keywords: Covid-19, Digitalization, Social protection

Publication Details

  • Pages:

    22

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2022/185

  • Stock No:

    WPIEA2022185

  • ISBN:

    9798400220029

  • ISSN:

    1018-5941