Viet Nam: The dragon that rose from the ashes

Research output: Working paperResearch

Standard

Viet Nam : The dragon that rose from the ashes. / Tarp, Finn.

2018.

Research output: Working paperResearch

Harvard

Tarp, F 2018 'Viet Nam: The dragon that rose from the ashes'. <https://www.wider.unu.edu/publication/viet-nam-1>

APA

Tarp, F. (2018). Viet Nam: The dragon that rose from the ashes. UNU WIDER Working Paper Series Vol. 2018 No. 126 https://www.wider.unu.edu/publication/viet-nam-1

Vancouver

Tarp F. Viet Nam: The dragon that rose from the ashes. 2018 Oct.

Author

Tarp, Finn. / Viet Nam : The dragon that rose from the ashes. 2018. (UNU WIDER Working Paper Series; No. 126, Vol. 2018).

Bibtex

@techreport{6d8c6e6ce46d46f8b1337581f485badc,
title = "Viet Nam: The dragon that rose from the ashes",
abstract = "This study takes as its starting point what Gunnar Myrdal had to say about Viet Nam in the context of his seminal work, Asian Drama: An Inquiry into the Poverty of Nations, published in 1968. Myrdal pointed to the decisive nature of the Vietnamese people; and subsequent developments, which are explained in detail in this paper, demonstrate that amply.Viet Nam adopted a dogged and, in retrospect, very costly position on economic policy and management from 1976. At the same time, when the approach taken did not produce the hoped-for results, an effective course correction was initiated in 1986 in the context of a comprehensive, domestically owned reform programme known as Doi Moi.Since then, Viet Nam has come a very long way; the last three decades have witnessed one of the best performances in the world in terms of both economic growth and poverty reduction. People{\textquoteright}s living standards have improved significantly, and the country{\textquoteright}s socio-economic achievements are impressive from a human development perspective. Wide-ranging institutional reform has been introduced, including a greater reliance on market forces in the allocation of resources and the determination of prices.The shift from an economy completely dominated by the state and cooperative sectors, to one where the private sector and foreign investment both play key and dynamic roles. Significant strides have been made to further the transition from a centrally planned to a market economy, without giving up strategic leadership and influence by the state.",
keywords = "Faculty of Social Sciences, Southeast Asia, Viet Nam, growth, poverty, inequality, human development",
author = "Finn Tarp",
year = "2018",
month = oct,
language = "English",
series = "UNU WIDER Working Paper Series",
number = "126",
type = "WorkingPaper",

}

RIS

TY - UNPB

T1 - Viet Nam

T2 - The dragon that rose from the ashes

AU - Tarp, Finn

PY - 2018/10

Y1 - 2018/10

N2 - This study takes as its starting point what Gunnar Myrdal had to say about Viet Nam in the context of his seminal work, Asian Drama: An Inquiry into the Poverty of Nations, published in 1968. Myrdal pointed to the decisive nature of the Vietnamese people; and subsequent developments, which are explained in detail in this paper, demonstrate that amply.Viet Nam adopted a dogged and, in retrospect, very costly position on economic policy and management from 1976. At the same time, when the approach taken did not produce the hoped-for results, an effective course correction was initiated in 1986 in the context of a comprehensive, domestically owned reform programme known as Doi Moi.Since then, Viet Nam has come a very long way; the last three decades have witnessed one of the best performances in the world in terms of both economic growth and poverty reduction. People’s living standards have improved significantly, and the country’s socio-economic achievements are impressive from a human development perspective. Wide-ranging institutional reform has been introduced, including a greater reliance on market forces in the allocation of resources and the determination of prices.The shift from an economy completely dominated by the state and cooperative sectors, to one where the private sector and foreign investment both play key and dynamic roles. Significant strides have been made to further the transition from a centrally planned to a market economy, without giving up strategic leadership and influence by the state.

AB - This study takes as its starting point what Gunnar Myrdal had to say about Viet Nam in the context of his seminal work, Asian Drama: An Inquiry into the Poverty of Nations, published in 1968. Myrdal pointed to the decisive nature of the Vietnamese people; and subsequent developments, which are explained in detail in this paper, demonstrate that amply.Viet Nam adopted a dogged and, in retrospect, very costly position on economic policy and management from 1976. At the same time, when the approach taken did not produce the hoped-for results, an effective course correction was initiated in 1986 in the context of a comprehensive, domestically owned reform programme known as Doi Moi.Since then, Viet Nam has come a very long way; the last three decades have witnessed one of the best performances in the world in terms of both economic growth and poverty reduction. People’s living standards have improved significantly, and the country’s socio-economic achievements are impressive from a human development perspective. Wide-ranging institutional reform has been introduced, including a greater reliance on market forces in the allocation of resources and the determination of prices.The shift from an economy completely dominated by the state and cooperative sectors, to one where the private sector and foreign investment both play key and dynamic roles. Significant strides have been made to further the transition from a centrally planned to a market economy, without giving up strategic leadership and influence by the state.

KW - Faculty of Social Sciences

KW - Southeast Asia

KW - Viet Nam

KW - growth

KW - poverty

KW - inequality

KW - human development

M3 - Working paper

T3 - UNU WIDER Working Paper Series

BT - Viet Nam

ER -

ID: 213728700