The Role of Public Debt to Economic Development - The Case of Vietnamese Economic Development in the Next Decade (2023–2033)
- DOI
- 10.2991/978-2-494069-61-9_6How to use a DOI?
- Keywords
- Public Debt; GDP; Inflation; Economic Growth; Vietnam
- Abstract
In the context of international and regional integration, Vietnam is encountering enormous challenges, especially in economic development. The most favoured cross-cutting principle for capital-related solutions is that domestic capital plays the central role and borrowings are also very important. This study investigates the current status of public debt in Vietnam and trends in the evolution of Vietnam’s public debt. It aims to answer an important question should Vietnam increases saving for investment or take advantage of low-interest borrowings. The study results give some implications to public debt management toward a safe national fiscal system while ensuring economic development.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Anh Duc Tran AU - Hanh Thi Le AU - Khong Sin Tan AU - Long Duc Bao Nguyen AU - Ai Tran AU - Van Thi Nguyen PY - 2022 DA - 2022/12/26 TI - The Role of Public Debt to Economic Development - The Case of Vietnamese Economic Development in the Next Decade (2023–2033) BT - Proceedings of the International Conference on Communication, Language, Education and Social Sciences (CLESS 2022) PB - Atlantis Press SP - 42 EP - 53 SN - 2352-5398 UR - https://doi.org/10.2991/978-2-494069-61-9_6 DO - 10.2991/978-2-494069-61-9_6 ID - Tran2022 ER -