Fiscal Policy for Growth, Efficiency and Redistribution in Vietnam: A CGE Analysis

Project Description

We will develop a comparative static and dynamic general equilibrium model for analysis of impacts of fiscal policy in Vietnam. First the project aims at find the effects of fiscal policy on macroeconomic variables such as growth, employment, investment, consumption or the relative prices. Then it will assess some policy scenarios in order to find solutions to improve economic performance as well as promoting social welfare in Vietnam. In addition, during the time running the project, computable technique will be transferred from the experts in the UK to the scholars in Vietnam. Project outcome will feed into the teaching system and in improving the quality of research. We expect publications in refereed journals and further development of research projects in near future.