“Assessing the Impact of Market-Oriented Reforms on Poverty Reduction in Vietnam”

EasyChair Preprint 14800

Abstract

This study assesses the impact of market-oriented reforms on poverty reduction in Vietnam, focusing on the transformative economic policies implemented since the Đổi Mới reforms of 1986. By transitioning from a centrally planned economy to a market-oriented system, Vietnam has experienced significant economic growth and a marked decline in poverty rates. This paper examines key reforms, including trade liberalization, land reform, and the promotion of private enterprises, highlighting their contributions to GDP growth and employment generation. The analysis reveals that while these reforms have facilitated substantial poverty alleviation, challenges such as income inequality, regional disparities, and environmental sustainability persist. Additionally, the study explores mechanisms through which reforms have improved living standards, including increased access to markets and social services. By comparing Vietnam's experience with other Southeast Asian nations, the paper identifies critical lessons and offers policy recommendations aimed at enhancing the efficacy of ongoing reforms. Ultimately, this assessment underscores the importance of sustained efforts to ensure inclusive growth and address the emerging challenges in the context of Vietnam's ongoing economic development.

Keyphrases: Assessing the Impact, Market-Oriented Reforms, Poverty Reduction in Vietnam

@booklet{EasyChair:14800,
  author    = {Elisha Blessing and Gettio Lasha and Charles Eric},
  title     = {“Assessing the Impact of Market-Oriented Reforms on Poverty Reduction in Vietnam”},
  howpublished = {EasyChair Preprint 14800},
  year      = {EasyChair, 2024}}