"Evaluating the Effectiveness of Vietnam's Socialist-Oriented Market Economy in Achieving Human Development Goals"

EasyChair Preprint 14814

Abstract

This paper evaluates the effectiveness of Vietnam's socialist-oriented market economy in achieving human development goals, particularly in the context of its rapid economic transformation since the Đổi Mới reforms initiated in 1986. The analysis highlights the interplay between market mechanisms and state intervention in promoting economic growth, poverty reduction, and social welfare. Key indicators, such as improvements in education, healthcare, and overall living standards, are examined to assess progress toward human development objectives. Despite significant achievements, including a notable decline in poverty rates and increased access to essential services, challenges remain, including income inequality and regional disparities. The paper further explores the implications of globalization and the role of policy frameworks in enhancing or hindering human development outcomes. Ultimately, the findings suggest that while Vietnam's economic model has made substantial strides in human development, ongoing reforms and strategic investments are necessary to address existing gaps and ensure sustainable, inclusive growth that aligns with the country's socialist principles

Keyphrases: Development Goals, Evaluating the effectiveness, achieving human, market economy, vietnam's socialist-oriented

@booklet{EasyChair:14814,
  author    = {Elisha Blessing and Gettio Lasha and Charles Eric},
  title     = {"Evaluating the Effectiveness of Vietnam's Socialist-Oriented Market Economy in Achieving Human Development Goals"},
  howpublished = {EasyChair Preprint 14814},
  year      = {EasyChair, 2024}}