doi: 10.18178/joebm.2017.5.2.490
Remittances and Competitiveness: A Case Study of Vietnam
Phuc Hien Nguyen
- International Finance at Foreign Trade University, Hanoi.
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.
Keywords
- Remittances
- real effective exchange rate
- competitiveness
- Dutch disease
- Vietnam
How to 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. https://doi.org/10.18178/joebm.2017.5.2.490
Copyright & License
Copyright © 2017 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).