Why the Vietnamese Dong will Reset

philosophyofmetrics

Economic Potential and Modernization

By JC Collins

Vietnam Modernization

Vietnam has achieved a truly remarkable thing.  While being a dumping ground for U.S. dollar inflation and having its own currency consistently devalued, Vietnam has managed to produce one of the fastest economic expansions and modernizations in the history of the world.  It’s a model of modernization build upon the experience and lessons of China, Korea, and other Asian countries which developed before it.

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Posted on February 14, 2014, in Uncategorized. Bookmark the permalink. Leave a comment.

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