OECD Development Co-operation Working Papers

OECD Development Co-operation Working Papers cover work on understanding aid flows, strengthening aid delivery and improving development policy. Topics include, among others, aid statistics and architecture, aid effectiveness, capacity development, development co-operation systems and management, evaluation of development programmes, as well as the relationship between development and trade, conflict and fragility, environment, gender equality, governance and poverty reduction.


Transition Finance Country Study Viet Nam

On the threshold of transition

Based on the “ABC” approach targeted to assess all available sources of financing (official development finance, private investment, domestic resources, and remittances), the Viet Nam country pilot study explores the challenges of transition finance in a middle-income country in the Asia-Pacific region. After launching a series of successful reforms beginning in the late 1980s, Viet Nam has undergone an impressive transformation, which turned the country from a centrally planned to a market-oriented economy and from a low-income to a lower middle-income country. At the same time, Viet Nam is moving from a relatively high reliance on ODA and other external sources towards non-concessional sources and domestic sources. Through evolving partnerships, development partners can align their support with newly arising needs, actively supporting Viet Nam overcome the middle-income trap and move towards a trajectory for more sustainable development.


Keywords: debt sustainability, middle-income trap, financing for sustainable development, transition finance, IDA graduation, LDC, Viet Nam, concessional finance, SDGs, Addis Ababa Action Agenda
JEL: H6: Public Economics / National Budget, Deficit, and Debt; H00: Public Economics / General / Public Economics: General; O2: Economic Development, Innovation, Technological Change, and Growth / Development Planning and Policy; H2: Public Economics / Taxation, Subsidies, and Revenue; O1: Economic Development, Innovation, Technological Change, and Growth / Economic Development; F35: International Economics / International Finance / Foreign Aid; F34: International Economics / International Finance / International Lending and Debt Problems
This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error