| Miêu tả |
Vietnam’s achievements in terms of poverty reduction are one of the greatest success stories in economic development. Admittedly, there is no unique definition of poverty, and therefore no perfect indicator to measure its change over time. Poverty is
a state of deprivation involving multiple dimensions, from limited income to vulnerability in the face of shocks to few possibilities to participate in collective decision making. But the expenditure
approach to the measurement of poverty provides a reasonable first cut, and one that allows comparison across localities and over time. Based on this approach, and using a poverty line computed according to international standards, the success of Vietnam is simply remarkable. As recently as 1993, 58 percent of the population lived in poverty, compared to 37 percent in 1998 and 29 percent in 2002. This amounts to halving the share of poverty in less than a decade. Or, put differently, almost a third of the total population was lifted out of poverty in less than ten years. The precise figures would probably vary if other criteria were used to define and measure poverty, but the accomplishment would certainly remain.
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