TAILIEUCHUNG - Employment transformation in the Vietnamese economy in light of the lewis-fei-ranis growth model of a labor-abundant economy

Employment transformation in the Vietnamese economy in light of the lewis-fei-ranis growth model of a labor-abundant economy. This paper studies structural changes in the Vietnamese economy during the reform era, with emphasis on the role of the manufacturing sector in employment generation. A stage-setting survey of analytical framework and empirical evidence of employment transformation in a labor-abundant economy in East Asia has enabled a statistical analysis. | Journal of Economics and Development, , , December 2014, pp. 49-67 ISSN 1859 0020 Employment Transformation in the Vietnamese Economy in Light of the Lewis-Fei-Ranis Growth Model of A Labor-Abundant Economy Nguyen Trung Kien Danang University of Economics, Vietnam Email: Abstract This paper studies structural changes in the Vietnamese economy during the reform era, with emphasis on the role of the manufacturing sector in employment generation. A stage-setting survey of analytical framework and empirical evidence of employment transformation in a laborabundant economy in East Asia has enabled a statistical analysis of employment transformation in Vietnam over the two recent decades. The findings suggest that the manufacturing sector has shown an improved performance in attracting massive amounts of unskilled workers from agriculture. Within manufacturing, the private sector firms, in particular the foreign-invested enterprises, have been increasingly responsible for job creation, contributing to the gradual erosion of the dominant state enterprises. Keywords: Employment transformation; structural change; labor-abundance; manufacturing employment; private sector firms. Journal of Economics and Development 49 Vol. 16, , December 2014 1. Introduction alization was still in the formative stage (Athukorala, Manning and Wickaramasekara, 2000; Diehl, 1995; Jenkins, 2004; McCarty, 1999). This paper aims to fill this gap by examining structural changes in the Vietnamese economy and the employment implications of these changes, with an emphasis on the role of the manufacturing sector over the decades up to 2010. The transition of labor from agriculture into manufacturing in labor-abundant economies facing structural change has generated wide scholarly interest1. This labor reallocation is reflected in the spirit of the Lewis-Fei-Ranis economic growth model of a labor-abundant economy. A switch toward an .

• Kinh tế học
• Employment transformation
• In the Vietnamese economy
• Light of the lewis fei ranis
• Growth model
• of a Labor abundant economy
• medical
• army
• department
• transformation
• workshop
• results
• employment
• risk
• future
• force
• unit