Economic Growth and Employment in Vietnam
By David Lim
To Be Published March 31st 2014 by Routledge – 224 pages
Vietnam has enjoyed significant economic success since the implementation of its "doi moi" reforms, including rapid growth in GDP, exports and investment including foreign direct investment, and a shedding of poorly-performing state-owned enterprises. Despite this, however, the economic situation for ordinary people in Vietnam is fragile, with income only just above the poverty line, and high unemployment, especially youth unemployment. 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, 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.
1. Introduction 2. Impact of Economic Reforms on Economic Growth and Employment 3. Impact of WTO Accession 4. Impact of the Global Financial Crisis 5. Policies on Trade 6. Policies on State-Owned Enterprises 7. Policies on Enterprise Development 8. Policies on Gglobalization 9. Summary
David Lim is Professor Emeritus of Economics at Griffith University and Acting President of the Technological and Higher Education Institute of the Vocational Training Council of Hong Kong.