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What free market principles did for Vietnam

Rainer Zitelmann writes in The Washington Examiner about the impact of free market principles in Vietnam.

The C3 Take
  • Free market reforms have allowed Vietnam to reduce poverty and starvation, while increasing economic prosperity for its citizens.
  • Economic freedom is key to driving environmental progress and free economies are almost twice as clean as unfree economies.
  • Other nations in the region should look to Vietnam as an example to drive economic and human progress.

“Vietnam is now one of the world’s most dynamic countries, with a vibrant economy that creates great opportunities for hardworking people and entrepreneurs. From a country that, before the market reforms began, was unable to produce enough rice to feed its own population, it has become one of the world’s largest rice exporters — and a major electronics exporter.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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