Growth of a year
Households farm their own land, private shops open, and the economy takes off.
Vietnam's Development Story
Inflation,
It hurt first. Income per person fell, .
state enterprises closed or merged, .
Households farm their own land, private shops open, and the economy takes off.
Access to electricity
() → ()
1 lantern = 1%
Extreme poverty rate
() → ()
1 figure = 1% · dark = in extreme poverty
WTO membership, . Foreign factories pour in and ships leave full.
Continued: where does that leave Vietnam today? →
Growth,
GNI per capita (Atlas) () → ()
HDI, rank of
| Measure | Vietnam | Philippines |
|---|---|---|
| GDP, | ||
| Inequality-adjusted HDI, | ||
| GNI per capita, | ||
| World Bank group, | Upper-middle | Upper-middle |
Potholes foreign firms / tariffs / aging / climate / inequality
Repairs, ministries → / provinces →
The fork high income needs growth per person, every year for years
↖ High income
Middle-income trap ↗