Did a successful fight against COVID-19 come at a cost? Impacts of the pandemic on employment outcomes in Vietnam. (January 2023)
- Record Type:
- Journal Article
- Title:
- Did a successful fight against COVID-19 come at a cost? Impacts of the pandemic on employment outcomes in Vietnam. (January 2023)
- Main Title:
- Did a successful fight against COVID-19 come at a cost? Impacts of the pandemic on employment outcomes in Vietnam
- Authors:
- Dang, Hai-Anh H.
Nguyen, Cuong Viet
Carletto, Calogero - Abstract:
- Highlights: Vietnam has been widely praised for its success in the fight against early waves of the COVID-19 pandemic. We analyze several rounds of the Vietnam's Labor Force Surveys spanning 2015 to 2020. We find post-pandemic increased unemployment and temporary layoff rates and decreased employment quality. Monthly wages decreased but the proportion of workers receiving below-minimum wages substantially increased, contributing to sharply rising wage inequality. Our findings suggest more resources can be allocated to protect vulnerable workers. Abstract: Despite its low middle-income status, Vietnam has been widely praised for its success in the fight against early waves of the COVID-19 pandemic, with a low mortality rate of approximately 100 deaths out of a population of less than 100 million by the end of 2020. We add to the emerging literature on COVID-19 effects on the labor market for poorer countries by analyzing rich individual-level data from Vietnam's Labor Force Surveys spanning 2015 to 2020. We find post-pandemic increases in unemployment and temporary layoff rates alongside decreases in employment quality. Monthly wages declined even as the proportion of workers receiving below-minimum wages substantially increased, contributing to sharply rising wage inequality. Our findings suggest that more resources should be allocated to protect vulnerable workers, especially as the pandemic continues to cause increasingly severe damage to the global economy.
- Is Part Of:
- World development. Volume 161(2023)
- Journal:
- World development
- Issue:
- Volume 161(2023)
- Issue Display:
- Volume 161, Issue 2023 (2023)
- Year:
- 2023
- Volume:
- 161
- Issue:
- 2023
- Issue Sort Value:
- 2023-0161-2023-0000
- Page Start:
- Page End:
- Publication Date:
- 2023-01
- Subjects:
- E24 -- I30 -- J21 -- O12
COVID-19 -- Employment -- Wage inequality -- Differences-in-differences -- RDD -- Vietnam
Economic history -- 1990- -- Periodicals
Economic assistance -- Developing countries -- Periodicals
330.9 - Journal URLs:
- http://www.sciencedirect.com/science/journal/0305750X ↗
http://www.elsevier.com/journals ↗ - DOI:
- 10.1016/j.worlddev.2022.106129 ↗
- Languages:
- English
- ISSNs:
- 0305-750X
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 9354.150000
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British Library HMNTS - ELD Digital store - Ingest File:
- 24316.xml