Economic Structure and Development in an Emergent Asian Economy: Evidence from a Social Accounting Matrix for Vietnam

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Vietnam started a wide-ranging process of economic reform in 1986 and is presently opening up its economy to regional and global economic forces. As a result, Vietnam faces significant challenges in the area of economic policy analysis in spite of a remarkable growth performance in recent years. This paper reviews insights emerging from a detailed social accounting matrix (SAM), compiled for the year 2000. The SAM reflects Vietnam’s heavy reliance on primary sector activities, but we also find that agricultural potential could be expanded significantly. In other sectors, the critical importance of sustained commitments to human capital development is apparent. In this context, the international donor community can support the ongoing transformation process through concerted training and capacity building initiatives that have proven successful elsewhere in the region.
Original languageEnglish
JournalJournal of Asian Economics
Volume13
Issue number6
Number of pages31
ISSN1049-0078
Publication statusPublished - 2003

Bibliographical note

Final Manuscript for Journal of Asian Economics

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