Introduction

Charles Harvie and Van Tran
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Charles Harvie: University of Wollongong

Chapter 1 in Vietnam’s Reforms and Economic Growth, 1997, pp 1-11 from Palgrave Macmillan

Abstract: Abstract Vietnam has only recently emerged as a participant in the most rapidlygrowing region of the world economy, the Asia Pacific economy, and thishas been further enhanced by its recent membership of the Association ofSouth East Asian Nations (ASEAN) in July 1995 and its likely membershipin the foreseeable future of the Asia Pacific Economic Cooperation (APEC)forum and the new World Trade Organisation (WTO). It is poised to becomeone of Asia’s most vigorous market economies during the remainder of the1990s and into the twenty–first century, having rejected central planning, andis widely tipped to become Asia’s next economic dragon. From the geopolitical-institutional and commercial perspectives, Vietnam’s recent economicsuccesses have generated a climate of optimism regarding the opportunitiesthat this presents. For many international organisations (such as the WorldBank, the International Monetary Fund (IMF), the Asian Development Bank(ADB), ASEAN, the Ford Foundation, the Fulbright Foundation, the SasakawaFoundation, Swedish International Development Agency (SIDA), CanadianInternational Development Agency (CIDA), Australian Agency forInternational Development (AusAid) etc.), the opportunities are within thecontext of global political stability, mutual economic cooperation andprosperity within or without the region, and in the identification of effectivedevelopmental assistance.

Keywords: Foreign Direct Investment; Market Economy; World Trade Organisation; Economic Reform; East Asian Country (search for similar items in EconPapers)
Date: 1997
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DOI: 10.1057/9780230389472_1

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