Economic Growth and Employment in Vietnam

1st Edition

David Lim

Routledge
Published December 14, 2016
Reference - 184 Pages - 3 B/W Illustrations
ISBN 9780415787987 - CAT# Y319152
Series: Routledge Studies in the Growth Economies of Asia

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Summary

Vietnam has enjoyed significant economic success since the implementation of its "doi moi" reforms, including rapid growth in GDP, exports and foreign and domestic investment, and a shedding of poorly-performing state-owned enterprises. Despite this, however, the economic situation for many ordinary people in Vietnam is fragile, with income only just above the poverty line, and high unemployment, especially among the young. In addition, inflation is high, and the state-owned sector is still large, much of it still performing badly. This book provides a comprehensive overview of the current economic situation in Vietnam. It outlines the state of the economy, paying special attention to employment, discusses government policies including on trade and integration with the global economy, and concludes by assessing the key challenges facing Vietnam’s economy going forward.

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