The Economic Development and Economic Rights Progression of Vietnam

Since the end of the Vietnam War in 1975, Vietnam has undergone monumental economic changes. Although, like any country, Vietnam still has a lot of room to grow and improve, overall Vietnam is an economic development success story. The question that will be explored in this paper is how Vietnam has been successful in both their economic development and pursuit of economic rights for their citizens. The purpose of looking at Vietnam’s policies regarding development is to eventually draw lessons from this example that may be applicable to other developing countries. Different economists have different perspectives on what constitutes economic development. These different perspectives must be considered when declaring a country to have been successful in the field of economic development. This paper will examine how Vietnam has achieved their success in economic development over the past four decades. It will discuss different indicators related to economic development and economic rights to justify the claim that Vietnam succeeded in economic development