Nhan đề: Fledgling Financial Markets in Vietnam's Transition Economy, 1986-2003
Tác giả: Vuong, Quan Hoang
Tóm tắt: Abstract In this paper, we analyze the context of Vietnam’s economic standings in the
reform period. The first section embarks on most remarkable factors, which promote the
development of financial markets are: (i) Doi Moi policies in 1986 unleash ‘productive
powers’. Real GDP growth, and key economic indicators improve. The economy truly de
parts from the old-style command economy; (ii) FDI component is present in the economy
as sine qua non; a crucial growth engine, forming part of the financial markets, planting
the ‘seeds’ for its growth; and (iii) the private economy is both the result and cause of the
reform. Its growth is steady. Today, it represents a powerhouse, and helps form part of
the genuine financial economy.