Faithin Omaha eBook Collection

Download or read book Vietnam's Economic Policy Since 1975 written by Nhan Tri Vo and published by Institute of Southeast Asian. This book was released on 1990 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: After a precipitate reunification (1975), the Hanoi leadership imposed upon the South the Stalinist-Maoist strategy of economic development which had been until then applied in the North. This "Northernization" resulted in an economic crisis for the whole country during the last years of the Second Five-Year Plan. Despite some partial reforms, the country was again plunged into a more serious economic and financial crisis at the end of the Third Five-Year Plan, particularly after the ill-conceived monetary reform in September 1985. At the time of its Sixth National Congress (December 1986) the Party's new leadership advocated a strategic shift in its overall economic policy under the banner of Doi Moi (Renovation).