Abstract—
The paper examines impact of remittances on the real effective exchange rate which undermines Vietnam’s competitiveness. The results showed Vietnam facing a symptom of Dutch disease impacted by the huge remittances. Our findings indicate that a ten percent increase of remittances led to appreciate three percent of the real effective exchange rate by which Vietnam’s competitiveness is undermined.
Index Terms—
Remittances, real effective exchange rate, competitiveness, Dutch disease, Vietnam.
Nguyen, Phuc Hien is with International Finance at Foreign Trade University, Hanoi (e-mail: phuchienth@gmail.com).
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Cite:
Phuc Hien Nguyen, "
Remittances and Competitiveness: A Case Study of Vietnam," Journal of Economics, Business and Management vol. 5, no. 2, pp.
79-83, 2017.