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Vietnamese Reforms: A Chinese Perspective


Article # : 16438 

Section : CURRENT ISSUES
Issue Date : 5 / 1989  4,661 Words
Author : Ma Zongshi
In an academic career spanning more than four decades, Ma Zongshi has acquired extensive specialization, including the Middle East, Asia-Pacific region, Indochina, and lately, functional issues such as disarmament. He is a Senior Research Fellow with the China Institute of Contemporary International Relations in Beijing.

       A chronic and ever-deepening economic crisis has plagued the Socialist Republic of Vietnam (SRV) since its 1975 victory. This is in sharp contrast to the rapid progress prevailing in most of its Asian neighbors. After thirteen years of national reunification and nine years of energetic attempts at economic reform, the country is deeply bogged down in a disastrous economic stagnation seldom seen elsewhere in Asia, with one policy blunder following another and with living conditions becoming more desperate than even during the most trying war years. Indeed, in a spate of recent Western academic works on current Asia-Pacific economic dynamism, SRV counts only as a military existence, a puzzling aberration, or a negative example of down right absurdity. Without massive injection of Soviet aid, the national economy might have collapsed long ago.
       
        What went wrong? Whey did Vietnam, a country with fertile land, industrious people, and relatively favorable natural endowments, a victor in the war for national independence lasting over three decades, come to such a miserable pass instead of enjoying the fruits of victory and achieving remarkable economic development as its neighbors? Why has the national heroism displayed so admirably in the war years evaporated overnight in the post-war period? Why has economic reform in Vietnam fallen flat time and again without any workable solution in sight? The Vietnamese experience may appear to be downright absurd but it is definitely not a hopeless puzzle. Neither China, ASEAN, nor any other country for that matter, is to be blamed for its moribund economy as Vietnamese leaders used to claim. It is a self-inflicted tragedy, pure and simple. And its woeful predicament could only be rectified by the wrongdoers ... (1911 of 30003 Characters)
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