Vietnam: A Transition Tiger?
Asia Pacific Press at the National Library of Australia, 2003 - History - 308 pages
Viet Nam has seen consistent rapid economic growth and impressive declines in poverty since it initiated its Doi Moi economic reforms in the late 1980s. Viet Nam has taken a selective, step-by-step approach to reform - an approach often criticized by proponents of the Washington Consensus. That this approach has been so successful has come as something of a surprise to much of the international community. Analyzing closely aspects of Viet Nam's reform process, enterprise development, income growth and poverty alleviation, this book argues that Viet Nam's remarkable development is not readily explained by the more orthodox versions of the Washington Consensus. Successful policy is not built on mechanistic replication of some general reform blueprint, but on responding pragmatically to specific national circumstances. Government policy has had an impact on economic performance but economic experience has also guided the formulation of economic policy. Faced with increasingly complex econ
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