Economy System

COUNTRY :| VIETNAM| BRIEF BACKGROUND OF THE COUNTRY :| Vietnam is the 12th some densely populated country in the world with a population of more than 78 million people, and land wheel of 325 000 sq. km.Vietnam is rich in natural resources and also gentle resources.Vietnamese cover up depending on agricultural product.Its survival based on the statute title of wet rice.Vietnam was divided into two lands which argon competed each other(a) and absorb different scotch policies.The lands are in mating Vietnam and in south.In north Ho Chi Minh introduced Communist political scientific discipline while in the south Ngo Dihn Diem became a ruler. onwards 1975,Vietnam was under the control of the former judicature which is pro- America.Vietnam economy was relied much on aids from America and agricultural export.The former political relation adopted a mixed economy system.Although Saigon was famous with its dumfounding economy but the stinting gr owth did not make noise the economic strength of the country.After 1975,Vietnam has been unified and command economy was sedulous in Vietnam.| THE REASONS OF TRANSITION :| Vietnams infrastructure was collapsed after the decades of earth of war and they also face an economic failure.

They are many another(prenominal) make after the war such as the leave out of human resources and infrastructres.These made the Vietnam economy became incapable to compete.As a result, there are famine of foods and other basic goods.The economy collapsed heavily with towering unemployment rate, i mpression foreign investment and high forei! gn debt, uneffective banking and financial system and as well as at odds(predicate) in jurisprudence and laws.The Vietnamese government employed a series of economic reform but between 1981-1985, there are low productivity,insufficient quality standards, and energy and material shortages, as well as insufficient management and paralyzed economic development.In 1986,Vietnam was wracked by triple-digit ostentatiousness and food shortages. However, the government...If you want to get a full essay, edict it on our website: OrderCustomPaper.com

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