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{{infobox | {{infobox | ||
| nameofpractice =Vay mượn | |||
| flagemoji = 🇻🇳 | |||
| definition =Form of informal loan | |||
| location =Vietnam | |||
| imagemap =Vietnam map.png | |||
| clusters = | |||
}} | [[:Category:Market|Market]] – [[:Category: Functional ambivalence| Functional ambivalence]] – [[:Category: System made me do it| System made me do it]] – [[:Category: Survival| Survival]] – [[:Category: Informal welfare| Informal welfare]] | ||
| categories = | |||
''' | [[:Category:Vietnam|Vietnam]] – [[:Category: Southeast Asia| Southeast Asia]] – [[:Category: Loan| Loan]] – [[:Category: Credit| Credit]] | ||
| authorofpiece =Abel Polese | |||
| authorinstitution =School of Law and Government, Dublin City University | |||
Both ''vay'' and ''mượn'' refer in Vietnamese to the act of borrowing money. Used together, they come to | | authorwebsite =[https://www.dcu.ie/law_and_government/people/Abel-Polese.shtml Profile page at DCU]}} | ||
<big>'''By Abel Polese, School of Law and Government, Dublin City University'''</big> | |||
[[Category:Market]] | |||
[[Category: Functional ambivalence]] | |||
[[Category: System made me do it]] | |||
[[Category: Survival]] | |||
[[Category: Informal welfare]] | |||
[[Category:Vietnam]] | |||
[[Category: Southeast Asia]] | |||
[[Category: Loan]] | |||
[[Category: Credit]] | |||
[[Category:Entry]] | |||
[[Category: Volume 2]] | |||
{| class="wikitable" | |||
|- | |||
|style="font-size:1.1em;"| Both ''vay'' and ''mượn'' refer in Vietnamese to the act of borrowing money. Used together, they come to | |||
mean ‘borrowing from all available sources.’ This describes a situation where an individual, a | mean ‘borrowing from all available sources.’ This describes a situation where an individual, a | ||
couple or a family collects funding from a variety of sources to buy property or start a business. | couple or a family collects funding from a variety of sources to buy property or start a business. | ||
|} | |||
The practice is fuelled by three main factors. The first is the large number of people in | The practice is fuelled by three main factors. The first is the large number of people in | ||
Vietnam who are informally employed. Because of the informal nature of their contract and hence | Vietnam who are informally employed. Because of the informal nature of their contract and hence | ||
| Line 81: | Line 96: | ||
While the practice is well known and openly discussed in Vietnam, it has not as yet been closely | While the practice is well known and openly discussed in Vietnam, it has not as yet been closely | ||
studied in the academic literature. | studied in the academic literature. | ||
==References== | |||
== | |||
<references /> | <references /> | ||
==Further reading== | |||
Hakkala, K. and Kokko, A. 2007. The state and the private sector in Vietnam. Stockholm: European | Hakkala, K. and Kokko, A. 2007. The state and the private sector in Vietnam. Stockholm: European | ||
Institute of Japanese Studies<br> | Institute of Japanese Studies<br> | ||
| Line 97: | Line 112: | ||
Tenev, S., Carlier, A., Chaudry, O. and Nguyen, Q. 2003. Informality and the playing field in | Tenev, S., Carlier, A., Chaudry, O. and Nguyen, Q. 2003. Informality and the playing field in | ||
Vietnam's business sector. World Bank Publications | Vietnam's business sector. World Bank Publications | ||