Vietnam: “Impact of Trade on Human Development”

Essay specific features

 

Issue:

Social Issues

 

Written by:

Jennifer R

 

Date added:

January 5, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

22 / 6006

 

Was viewed:

4212 times

 

Rating of current essay:

 
Essay content:

Vietnam used to be seen as a poor country where production was underutilized, economic activities and trade were strictly restricted due to a set of harsh inward-oriented policies. Also, it suffered quite severely from the embargo put on trade by the United States and West Europe after the Vietnam War...
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However, Vietnam is now known as one of the fastest growing economies in the world, with most obvious evidence of 7%-8.5% annual GDP growth for the last 15 years. According to official figures, this year the government is predicting 8.5%. As people often learn about it, this miraculous transform was mainly brought about after 1986 when the Sixth Party Congress introduced a countrywide reform which significantly rejuvenated the economy and brought it from state monopoly on foreign trade closer to a free and open market...
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