1. Vietnam Economy
... neo-Stalin economic model. However, reforms began to take places from the grass-roots level (e.g cooperatives and state-owned enterprises), and the government took a reactive attitude to ease the pressures of the shortage economy with the objective to achieve socialist transformation. The second period known as soft reform is began from the economic "renovation" (otherwise known ... for not concentrating sufficient investments on agriculture when Vietnam is overwhelmingly a rural economy Table 1: Sectoral Composition of State Investments, 1976-80 1976 1977 1978 1979 1980 Total (Millions...
- Word Count: 2798
- Approx Pages: 11
- Grade Level: Undergraduate