Vietnamese Politics and Economy

Vietnamese Politics and Economy - Vietnamese Politics and...

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Vietnamese Politics and Economy In 1986, when destitute Vietnam was near the verge of collapse, a progressive faction in the Communist party rose to power and implemented a course of economic reform called Renovation , similar to what Deng Xiaoping did to China eight years earlier. Vietnam thus ceased to be a Commie Land in the strict sense of the term, and nowadays it's a young market economy with rather shaky macroeconomic conditions, dictated by a one-party regime which is in fact an oligarchy. Their relatives (or even themselves) are Corrupt Corporate Executives of the very keystone corporations in Vietnam, while the people working for the government for paycheck are unabashedly obstructive bureaucrats . Government propaganda still centers on Marxism-Leninism, but of course, In Name Only . As in the case of China, most people can be described as "apolitical" - if you're not a supporter of the regime, that's the only safe way to go about it. The high growth rate of the economy, among the highest on Earth, is accompanied by pretty
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This note was uploaded on 01/17/2012 for the course PSY PSY2012 taught by Professor Scheff during the Winter '09 term at Broward College.

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Vietnamese Politics and Economy - Vietnamese Politics and...

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