Vocational Education and Training in Vietnam

Submitted by Luat Do on
EfD Authors:

This chapter presents an account of Vietnam’s vocational education and training (VET) sector. Against a background of rapid economic development and to provide access to emerging global trends in trade and production, Vietnam has committed to various significant international trade agreements. These include the EU-Vietnam Free Trade Agreement (EVFTA), the UK-Vietnam Free Trade Agreement (UKVFTA), and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Policy Design

Consistent valuation: extensions from bankruptcy costs and tax integration with time-varying debt

Submitted by Luat Do on
EfD Authors:

This study introduces a new version of the adjusted present value (APV) method and ensures its consistent valuation with the cost of capital (CoC) method at the highest level of generalization. The newly developed APV version and equivalent formulae consider stochastic debt and the trade-off between corporate income taxes (CIT) and personal income taxes (PIT), as well as tax benefits and financial distress costs. The value of expected bankruptcy costs aligns with the valuation aspect, enabling practical application of the formulae by valuers.

Policy Design

Optimal forest management for carbon sequestration, timber, and bioenergy production in Vietnam using an extended full-cycle carbon accounting method

Submitted by Luat Do on
EfD Authors:

Using an extended full-cycle carbon model from the Faustmann framework, which allows for management strategies of several uses concurrently implemented in the same area of forest, this paper investigates the selection of management objectives that are beneficial and optimal for forest plantations in Vietnam. Three scenarios are considered: Scenario 1 investigates the management objective of maximizing the land economic value (LEV) of timber as a single production. Scenario 2 investigates the joint production of timber and bioenergy sources.

Forestry, Policy Design

Analysis of opportunities for the introduction of fiscal instruments that incentivize the decarbonization of the waste management sector in Costa Rica

Submitted by Marianela Arguello on

This document seeks to analyze the context of the waste sector in the country, including the management of the wastes, their emissions, the environmental and social externalities, the actors, the relevant regulations, and the advances of the action plan of the sector, among other aspects; second, review the literature regarding the use and the impact of the fiscal instruments in the managing sector in different countries. This provides lessons that can be useful for the adaptation of similar instruments in this sector for decarbonization and green recuperation in Costa Rica.

Climate Change, Covid-19, Land, Policy Design, Waste

Understanding the role of personal experiences and contextual variables in shaping risk reduction preferences

Submitted by Cristóbal Vásquez on

This article explores how preferences for risk reduction during the COVID-19 pandemic are influenced by personal experiences and contextual variables such as having a close friend or relative who has been infected by the virus (closeness), the severity of the illness (severity), people’s own perceptions of being in a risky group (risk group), change in employment status due to the pandemic (employment situation), and vaccination status (vaccination status&nb

Policy Design