Economic Reform in Tanzania and Vietnam: A Comparative Commentary
AbstractThe economic reforms in Tanzania and Vietnam represent the two typical cases of transition economies in Asia and Africa, particularrly the transformation of the two developing economies from the planned to the market mechanism. In this paper, the two authors, Brian - a British economist and Dinh - a Vietnamese economist, have, basing on a comparative approach, enquired into various economic and social aspects of the economic reforms in the two countries, including the demographic transition, the change in population growth, the investment in human capital, the growth of GDP, the structural sransformation, the linkage between gricultural growth, rural development, food production and poverty alleviation, the reform in the industrial sector and the state enterprises, the change of ownership , the role of the State, the capital formation, the role of the domestic savings, foreign aid, investment and trade, the gains and losses from globalisation, with an aim to find the answer to the question why in the two cases, Tanzania seemed to follow the donors’ guidance better than Vietnam, but achieved smaller successes?
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Bibliographic InfoPaper provided by William Davidson Institute at the University of Michigan in its series William Davidson Institute Working Papers Series with number 2004-706.
Length: 50 pages
Date of creation: 01 Jun 2004
Date of revision:
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Reform vesus Renovation; Fast Liberalisation vs Step-by-Step Transformation; Privatisation vs Equitisation; Multi-Sector Ownership vs Private Ownership Bias; Industrialisation vs Agriculture-Driven Growth; Active State vs Passive State.;
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This paper has been announced in the following NEP Reports:
- NEP-AFR-2005-03-20 (Africa)
- NEP-ALL-2005-03-20 (All new papers)
- NEP-DEV-2005-03-20 (Development)
- NEP-SEA-2005-03-20 (South East Asia)
- NEP-TRA-2005-03-20 (Transition Economics)
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- Independent Evaluation Group, 2011. "Growth and Productivity in Agriculture and Agribusiness : Evaluative Lessons from World Bank Group Experience," World Bank Publications, The World Bank, number 2279.
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