Exploring Differences in Rural Household Debt between Thailand and Vietnam: Economic Environment versus Household Characteristics

Webinar Series 2020-2021: Financial Transformation, Credit Markets and Household Debt in Southeast Asia

About the Webinar

Rural financial markets have grown rapidly in Asian emerging market economies, thus contributing to economic development and the reduction of poverty. At the same time, however, the level of indebtedness of rural households has increased, making households more vulnerable to shocks. This study aims to explore cross-country differences in credit market participation, level of household debt holding and over-indebtedness between rural households in Thailand and Vietnam. Using a unique rural household survey data from “Vulnerability in Southeast Asia” project, it first identifies socio-economic determinants of such market outcomes for rural households in Thailand and Vietnam. It decomposes differences into a part that arise due to configuration of household characteristics or a part that arise due to differences in economic environments using three decomposition methods. Significant differences are observed in credit market participation rates and level of debt holding and indebtedness between rural households in Thailand and Vietnam which are mainly explained by differences in credit market conditions between the two countries.

More info about the webinar series here.

About the Speaker

Bezawit Beyene Chichaibelu is a senior researcher at the Center for Development Research at the University of Bonn. She was a postdoctoral research at the International Fund for Agriculture Development (IFAD) (2017-2019). She earned her Ph.D. in Economics from the Leibniz University of Hannover in 2017. She specializes in Agricultural economics and rural development, with an emphasis on issues such as food and nutrition security, household resilience, rural finance, digitalization, youth employment and policy analysis. She teaches a graduate course such as microeconomic theory. Her latest publication includes ‘Over-indebtedness and its persistence in rural households in Thailand and Vietnam ‘. She is currently working on assessing the implementation of SDG 2, the financial needs to achieve zero hunger by 2030 and the developments with special reference to G7 Commitments.


This webinar will be delivered online entirely. You can join the webinar at the specified date and time using devices (computer, phone, or tablet) with internet connection.

Please register here to receive your unique link for joining the webinar.

Limited spaces only, register early to avoid disappointment.

To join the webinar,
1. Install the Zoom client onto your computer or download the app on your mobile device.
2. Set up a Zoom account, using the following link: https://zoom.us/signup
3. Click on the unique link in your email.

For the best experience, please mute your microphone. If you have questions for the speaker, please key in your questions via the Q&A, stating your name and affiliation. The moderator will field them to the speaker during the Q&A session.


Mar 15 2021


4:00 pm - 5:15 pm