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  1. UEH Digital Repository
  2. JABES (2018 - Now) | JED (1994 - 2017)
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Monetary and fiscal policies some problems of coordination

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Issue Date
2013
Author
Nguyen Thi Kim Thanh
Host Item
Journal of Economic Development
ISSN
1859 -1124
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Issue Date
2013
Author
Nguyen Thi Kim Thanh
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Metadata Views

17

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Abstract

The Vietnam's government, in its socioeconomic development plan for 2013, confirms the following overall targets: macroeconomic stability, a lower inflation rate, a higher growth rate, promotion of three strategic breakthroughs associated with restructuring of the economy, and a new economic growth model to ensure social security and welfare, higher efficiency in diplomatic activities and international integration, national defense, and sociopolitical stability at the service of sustainable economic development in upcoming years. Accordingly, GDP is expected to rise by 5.5%; export turnover goes up by some 10%; the trade gap is pegged at the 8% level, budget overspend is kept at 4.8% of GDP at most, CPI increases by 8%, the gross investment equals 30% of GDP; the ratio of poor households reduces by 2% and the ratio of poor localities decreases by 4%. The government also indicates a need to coordinate fiscal and monetary policies to curb inflation, enhance the macroeconomic stability, settle setbacks, enable enterprises to access sources of capital, cool down the interest rate in conformity with reduction in inflation rate, and encourage commercial banks to extend low-interest loans to the fields of agriculture and export production. The present paper is based on the theories of relationship between fiscal and monetary policies to indicate aspects that need coordination when implementing these two policies in Vietnam at present to carry out effectively Governmental Resolution concerning the 2013 socioeconomic development.

Keywords
Fiscal policy, Monetary policy, Impacts of plan
URI
http://digital.lib.ueh.edu.vn/handle/UEH/55270
http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=c521db03-894d-42e1-b368-736346e3aee4
Publisher
Trường Đại học Kinh tế Tp. Hồ Chí Minh
DOI
http://doi.org/10.24311/jed/2013.215.04
Appears in Collections:JABES in English

There are no files associated with this item.



Monetary and fiscal policies some problems of coordination

TweetLikeShare# Shares: 0

Metadata Views

17

Content Views

0

Issue Date
2013
Author
Nguyen Thi Kim Thanh
Host Item
Journal of Economic Development
ISSN
1859 -1124
Metadata

Show full item record


Issue Date
2013
Author
Nguyen Thi Kim Thanh
Metadata

Show full item record

Metadata Views

17

Content Views

0

Abstract

The Vietnam's government, in its socioeconomic development plan for 2013, confirms the following overall targets: macroeconomic stability, a lower inflation rate, a higher growth rate, promotion of three strategic breakthroughs associated with restructuring of the economy, and a new economic growth model to ensure social security and welfare, higher efficiency in diplomatic activities and international integration, national defense, and sociopolitical stability at the service of sustainable economic development in upcoming years. Accordingly, GDP is expected to rise by 5.5%; export turnover goes up by some 10%; the trade gap is pegged at the 8% level, budget overspend is kept at 4.8% of GDP at most, CPI increases by 8%, the gross investment equals 30% of GDP; the ratio of poor households reduces by 2% and the ratio of poor localities decreases by 4%. The government also indicates a need to coordinate fiscal and monetary policies to curb inflation, enhance the macroeconomic stability, settle setbacks, enable enterprises to access sources of capital, cool down the interest rate in conformity with reduction in inflation rate, and encourage commercial banks to extend low-interest loans to the fields of agriculture and export production. The present paper is based on the theories of relationship between fiscal and monetary policies to indicate aspects that need coordination when implementing these two policies in Vietnam at present to carry out effectively Governmental Resolution concerning the 2013 socioeconomic development.

Keywords
Fiscal policy, Monetary policy, Impacts of plan
URI
http://digital.lib.ueh.edu.vn/handle/UEH/55270
http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=c521db03-894d-42e1-b368-736346e3aee4
Publisher
Trường Đại học Kinh tế Tp. Hồ Chí Minh
DOI
http://doi.org/10.24311/jed/2013.215.04
Appears in Collections:JABES in English

There are no files associated with this item.



Citation

APA    Thanh, N. T. K. (2013). Monetary and fiscal policies some problems of coordination. (Journal Article). http://digital.lib.ueh.edu.vn/handle/UEH/55270
   
MLA    Nguyen Thi Kim Thanh. Monetary and fiscal policies some problems of coordination. 2013. Trường Đại học Kinh tế Tp. Hồ Chí Minh. Journal Article. http://digital.lib.ueh.edu.vn/handle/UEH/55270
   
Chicago    Nguyen Thi Kim Thanh. "Monetary and fiscal policies some problems of coordination. "(Journal Article, Trường Đại học Kinh tế Tp. Hồ Chí Minh, 2013)
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