Viet Nam : a transition tiger?

The book provides a factual account of the economic reform process and economic performance in Viet Nam that should be a useful reference to a broad cross-section of readers. The authors offer a distinctive interpretation of the process of economic reform and the performance of the economy, drawing on their direct observation of the policy-making process and changes in the Vietnamese economy since the late 1980s, as well as domestic and international research. There is considerable discussion of reform processes, the internal debates and pressures that led to reforms. There is a particularly strong focus on the role of institutions, incentives and human capital in encouraging business investment and promoting economic growth. Analysing 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