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George A. Gellert, MD, MPH, MPA

JAMA. 1995;273(19):1498-1502.

	Since this article does not have an abstract, we have provided the first 150 words of the full text PDF and any section headings.

THE SOCIALIST Republic of Vietnam first cautiously introduced economic reforms in 1986 to reverse the economic deterioration of the previous 15 years. A more extensive and consistent program of reforms, commonly referred to as the introduction of a market economy, began in 1989 as an expression of Vietnamese national policy. The reform programs enacted new monetary, price, and exchange rate policies; tightened credit; decontrolled prices; and abolished or substantially reduced subsidies to state enterprises and consumers as private enterprises emerged. The year 1993 marked a particularly important milestone in the transition to a market economy as Vietnam once again obtained access to concessional international finance.¹

PRIVATIZATION AND A NEW MARKET ECONOMY

The promise of privatization and market forces in Vietnam, with its industrious and well-educated workforce, should promote socioeconomic development. Sustained economic growth in the range of 8% per year may continue throughout the decade of the 1990s.¹ . . . [Full Text PDF of this Article]

Author Affiliations
From Project HOPE, Millwood, Va (Dr Gellert), and Ho Chi Minh City, Socialist Republic of Vietnam (author's name withheld on request).

Footnotes
Edited by Annette Flanagin, RN, MA, Associate Senior Editor.

Reprint requests to The Project HOPE Health Sciences Education Center, Millwood, VA 22646 (Dr Gellert).

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