Vietnam Public Expenditure Review : Fiscal Policies towards Sustainability, Efficiency, and Equity

Vietnam has experienced an impressive development transformation. The "Doi moi" course initiated in 1986 has successfully transformed the country from one of the poorest in the world to lower middle-income status. Average per capita incom...

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Main Authors:	World Bank, Government of Vietnam
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2017
Subjects:	FISCAL TRENDS FISCAL SUSTAINABILITY PUBLIC EXPENDITURE NATIONAL PRIORITIES EQUITABLE GROWTH ACCOUNTABILITY
Online Access:	http://documents.worldbank.org/curated/en/279261508765803168/Fiscal-Policies-towards-Sustainability-Efficiency-and-Equity-Overview-Report http://hdl.handle.net/10986/28610

id	okr-10986-28610
recordtype	oai_dc
spelling	okr-10986-286102021-05-25T09:05:08Z Vietnam Public Expenditure Review : Fiscal Policies towards Sustainability, Efficiency, and Equity World Bank Government of Vietnam FISCAL TRENDS FISCAL SUSTAINABILITY PUBLIC EXPENDITURE NATIONAL PRIORITIES EQUITABLE GROWTH ACCOUNTABILITY Vietnam has experienced an impressive development transformation. The "Doi moi" course initiated in 1986 has successfully transformed the country from one of the poorest in the world to lower middle-income status. Average per capita incomes more than doubled from 2000 to 2014, placing Vietnam amongst the fastest growing developing economies with the most impressive poverty reduction record in the world. Robust economic growth was supported by sound macroeconomic and pro-growth expenditure policies. The previous phase of reforms has resulted in significant achievements in public financial management, including: (a) establishing and maintaining a system of aggregate and detailed fiscal controls, which are similar to those which many other countries use to maintain basic fiscal discipline; (b) implementing a wide-ranging decentralization of public finance, enhancing autonomy given to local governments as well as spending units, both administrative and public service delivery ones; (c) increasing fiscal transparency and accountability on the basis of mutual accountability between executive and legislative branches with the support of audit institutions and the judicial system. 2017-10-30T20:43:22Z 2017-10-30T20:43:22Z 2017-10 Report http://documents.worldbank.org/curated/en/279261508765803168/Fiscal-Policies-towards-Sustainability-Efficiency-and-Equity-Overview-Report http://hdl.handle.net/10986/28610 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Public Expenditure Review East Asia and Pacific Vietnam
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	FISCAL TRENDS FISCAL SUSTAINABILITY PUBLIC EXPENDITURE NATIONAL PRIORITIES EQUITABLE GROWTH ACCOUNTABILITY
spellingShingle	FISCAL TRENDS FISCAL SUSTAINABILITY PUBLIC EXPENDITURE NATIONAL PRIORITIES EQUITABLE GROWTH ACCOUNTABILITY World Bank Government of Vietnam Vietnam Public Expenditure Review : Fiscal Policies towards Sustainability, Efficiency, and Equity
geographic_facet	East Asia and Pacific Vietnam
description	Vietnam has experienced an impressive development transformation. The "Doi moi" course initiated in 1986 has successfully transformed the country from one of the poorest in the world to lower middle-income status. Average per capita incomes more than doubled from 2000 to 2014, placing Vietnam amongst the fastest growing developing economies with the most impressive poverty reduction record in the world. Robust economic growth was supported by sound macroeconomic and pro-growth expenditure policies. The previous phase of reforms has resulted in significant achievements in public financial management, including: (a) establishing and maintaining a system of aggregate and detailed fiscal controls, which are similar to those which many other countries use to maintain basic fiscal discipline; (b) implementing a wide-ranging decentralization of public finance, enhancing autonomy given to local governments as well as spending units, both administrative and public service delivery ones; (c) increasing fiscal transparency and accountability on the basis of mutual accountability between executive and legislative branches with the support of audit institutions and the judicial system.
format	Report
author	World Bank Government of Vietnam
author_facet	World Bank Government of Vietnam
author_sort	World Bank
title	Vietnam Public Expenditure Review : Fiscal Policies towards Sustainability, Efficiency, and Equity
title_short	Vietnam Public Expenditure Review : Fiscal Policies towards Sustainability, Efficiency, and Equity
title_full	Vietnam Public Expenditure Review : Fiscal Policies towards Sustainability, Efficiency, and Equity
title_fullStr	Vietnam Public Expenditure Review : Fiscal Policies towards Sustainability, Efficiency, and Equity
title_full_unstemmed	Vietnam Public Expenditure Review : Fiscal Policies towards Sustainability, Efficiency, and Equity
title_sort	vietnam public expenditure review : fiscal policies towards sustainability, efficiency, and equity
publisher	World Bank, Washington, DC
publishDate	2017
url	http://documents.worldbank.org/curated/en/279261508765803168/Fiscal-Policies-towards-Sustainability-Efficiency-and-Equity-Overview-Report http://hdl.handle.net/10986/28610
_version_	1764467277924663296

Vietnam Public Expenditure Review : Fiscal Policies towards Sustainability, Efficiency, and Equity

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