Vietnam: Economic and Social Impact of the Asia Crisis

Tran Hoa

Chapter 6 in The Social Impact of the Asia Crisis, 2000, pp 85-110 from Palgrave Macmillan

Abstract: Abstract Human development in Vietnam ranks 122 (out of 174 countries) according to the 1998 Global Human Development Report of the United Nations Development Programme (UNDP), and it has remained roughly around this level since 1995. This places Vietnam above Myanmar (ranked 131) and Laos (136) but below Sri Lanka (90) and well below other Association of South East Asia Nations (ASEAN) member countries such as Singapore (28), Thailand (59), Malaysia (60), Indonesia (96) and the Philippines (98), and China (106). Being a major transition economy in Asia, Vietnam has, on the other hand, enjoyed high growth rates and a better social standard in the past 12 years or so than many of its Asian neighbouring countries.

Keywords: Foreign Direct Investment; Foreign Exchange; Social Impact; United Nations Development Programme; Current Account Balance (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-97801-6_6

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DOI: 10.1057/9780333978016_6

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