Reform, Growth, and Poverty in Vietnam
Vietnam grew rapidly in the 1990s, and
yet by many measures it has poor economic institutions.
Dollar seeks to explain this apparent anomaly. Between the
1980s and 1990s Vietnam carried out significant economic
reforms, notably stabilization, the introduction of positive
real interest rates, trade liberalization, and initial
property rights reform in agriculture. Relating these
changes to the empirical growth literature, the author finds