NDLI: Social Cohesion Policy Review of Viet Nam

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Social Cohesion Policy Review of Viet Nam

Content Provider	OECD iLibrary
Organization	OECD
Abstract	This report examines the effects of recent economic growth in Viet Nam on social cohesion. It finds that recent rapid economic growth in Viet Nam has not resulted in an increase in overall inequality, but the level of inequality was already high. Growth was not particularly inclusive, benefiting most the middle class and the richest households, and favouring less households in the bottom 20th percentile. Income mobility was also high, and while a majority of households experienced upward income mobility, downward absolute income mobility affected one in five households. Economic growth was not particularly job rich with employment growth lagging behind economic expansion. In particular, important challenges were identified in the area of education and skills policies relating to fast-changing labour market needs. Minimum wage policies had a small but positive effect on employment, but concerns were highlighted over partial coverage and weak compliance. Tax policy and specifically personal income tax had only a small impact on reducing inequality, but transfers from central to local governments produced an equalising effect, albeit with mixed results in terms of satisfaction with public services. Finally, social protection systems have been extended, but important coverage gaps remain among the poor and ethnic minority groups, and informality remains a key challenge for universal extension.
Page Count	204
ISSN	19900295
e-ISBN	9789264196155
Language	English
Publisher	OECD Publishing
Publisher Date	2014-10-28
Access Restriction	Open
Subject Keyword	Development Social Issues/Migration/Health
Content Type	Text
Resource Type	Book

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