Climbing the ladder: poverty reduction and shared prosperity in Vietnam
Submitted by sheeja on Tue, 2018-04-10 14:55
Poverty in Vietnam continues to fall, particularly amongst ethnic minorities, who saw their rate of poverty decline significantly by 13 percentage points, the largest decline in the past decade, says a new World Bank report. According to Climbing the Ladder: Poverty Reduction and Shared Prosperity in Vietnam, by the World Bank, improving income from highland agriculture can help Vietnam further reduce poverty, which has fallen by almost 4 percentage points since 2014, to 9.8 percent in 2016. Ethnic minorities – many of them living in highland areas – account for 72 percent of Vietnam’s poor, and encouraging them to grow more profitable industrial crops may improve their earnings.
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05/04/2018
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