Distributional impacts of the 2008 global food price spike in Vietnam

McKay, Andrew; Tarp, Finn

doi:10.35188/unu-wider/2014/751-6

Cited by 4 publications

(3 citation statements)

References 38 publications

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“…The positive average effect arises because the average welfare loss of net food purchasers was smaller than the average welfare gains of food sellers. Examining a much stronger increase in food prices, McKay and Tarp (2015) conclude that thanks to effective government policies, the majority of rice producers gained from the food price spike, increasing production levels and adoption of improved seeds.…”

Section: Agriculture and Commercialization In Viet Nammentioning

confidence: 99%

“…Our contribution is based on the use of high-quality panel survey data on rural smallholder farmers, which enables us to control for unobserved heterogeneity across farmers. The survey covers an 8-year period from 2008 to 2016, including the period of the major food price rise -which impacted Viet Nam positively in aggregate but not for all individual farmers (McKay and Tarp, 2015). This time span also allows short-term fluctuations and medium-term impacts to be distinguished.…”

Section: Introductionmentioning

confidence: 99%

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The impact of commercialization of rice on household welfare in rural Vietnam

Cazzuffi¹,

McKay²,

Perge³

2018

WIDER Working Paper

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Section: Agriculture and Commercialization In Viet Nammentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

The impact of commercialization of rice on household welfare in rural Vietnam

Cazzuffi¹,

McKay²,

Perge³

2018

WIDER Working Paper

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“…SeeMcKay and Tarp (2015) for a more recent account of how this concern has influenced policymaking in Vietnam for decades.2Rama (2008: 15-16) highlights that 'Fence breaking experiments in agriculture mainly involved allocating land to farmers and directly contracting with them at prices above those set by the plan' , and that these experiments involved fairly high-level local leaders, who had in common that they were seen as ' "bullet proof ", given their track records during the wars' . See alsoThanh (2011).…”

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confidence: 99%

Asian Transformations

2019

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Gunnar Myrdal published his magnum opus, Asian Drama: An Inquiry into the Poverty of Nations, in 1968. He was deeply pessimistic about development prospects in Asia. The fifty years since then have witnessed a remarkable social and economic transformation in Asia – even if it has been uneven across countries and unequal between people – that would have been difficult to imagine, let alone predict at the time. This book analyses the fascinating story of economic development in Asia spanning half a century. The study is divided into three parts. The first part sets the stage by discussing the contribution of Gunnar Myrdal, the author, and Asian Drama, the book, to the debate on development then and now, and by providing a long-term historical perspective on Asia in the world. The second part comprises cross-country thematic studies on governments, economic openness, agricultural transformation, industrialization, macroeconomics, poverty and inequality, education and health, employment and unemployment, institutions and nationalisms, analysing processes of change while recognizing the diversity in paths and outcomes. The third part is constituted by country-studies on China, India, Indonesia and Vietnam, and sub-region studies on East Asia, Southeast Asia and South Asia, highlighting turning points in economic performance and analysing factors underlying success or failure. This book, with in-depth studies by eminent economists and social scientists, is the first to examine the phenomenal changes which are transforming economies in Asia and shifting the balance of economic power in the world, while reflecting on the future prospects in Asia over the next twenty-five years. It is a must-read.

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Vietnam

Tarp¹

2019

Asian Transformations

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Gunnar Myrdal’s 1968 magnum opus, Asian Drama, pointed to the decisive nature of the Vietnamese people. Vietnam adopted a costly position on economic policy and management from 1976. When the approach taken did not produce the hoped-for results, an effective course correction was initiated in 1986. Since then, Vietnam has witnessed one of the world’s best performances in terms of economic growth and poverty reduction. Wide-ranging institutional reform has been introduced, including a greater reliance on market forces in the allocation of resources and the determination of prices. The shift from an economy completely dominated by the state and co-operative sectors, to one where the private sector and foreign investment both play key and dynamic roles, has been achieved without giving up strategic leadership and influence by the state.

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Distributional impacts of the 2008 global food price spike in Vietnam

Cited by 4 publications

References 38 publications

The impact of commercialization of rice on household welfare in rural Vietnam

The impact of commercialization of rice on household welfare in rural Vietnam

Asian Transformations

Vietnam

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