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Impacts of the sectoral composition of growth on poverty reduction in Vietnam

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Impacts of the sectoral composition of growth on poverty reduction in Vietnam

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Increasing the proportion of the industrial sector and the agricultural sector had great impacts on poverty reduction. In contrast, the increasing proportion of the service sector made the poverty rate higher. One noticeable thing is that economic growth was not significant for the goal of poverty reduction in 2010–2016. In addition, the process of urbanization, the increase in the labor rate and literacy rate contributed positively to poverty reduction achievements. Finally, population growth was also one of the reasons hindering Vietnam’s successful poverty reduction process.

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Nội dung Text: Impacts of the sectoral composition of growth on poverty reduction in Vietnam

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