This chapter analyses the Vietnamese performance during and after the East Asian economic crisis 1997/98. Due to its relative insulation from speculative finance and thanks to counter-cyclical policies the country remained relatively resilient. IN the period immediately following the regional crisis the Vietnamese economy resumed fast economic growth - contrary to the predictions of neoliberal scholars - arguably because it continued to follow a gradualist and pragmatic reform approach rather than introducing the policy measures promoted by the World Bank and the IMF

Vietnam and the Experience of the Asian Crisis

MASINA, PIETRO PAOLO
2009

Abstract

This chapter analyses the Vietnamese performance during and after the East Asian economic crisis 1997/98. Due to its relative insulation from speculative finance and thanks to counter-cyclical policies the country remained relatively resilient. IN the period immediately following the regional crisis the Vietnamese economy resumed fast economic growth - contrary to the predictions of neoliberal scholars - arguably because it continued to follow a gradualist and pragmatic reform approach rather than introducing the policy measures promoted by the World Bank and the IMF
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11574/39654
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