Transformacja i reformy gospodarcze w Wietnamie w latach 80. XX wieku. Przyczyny, przebieg i skutki
Transition and economic reforms in Vietnam in the 1980s. Causes, course of process and effects

Summary/Abstract: The process of transition of the socialist countries, initiated over three decades ago, was un-precedented and complex. The description and analysis of the ways behind the transition froma centrally planned economy to a market economy or hybrid models may not only be the basis forscientific reflection, but also the formulation of recommendations for other developing countries inthe reform process. One of the more interesting examples is Vietnam, which has experienced one ofthe highest rates of economic growth and poverty reduction in the world, combined with achievingan overall macroeconomic stability. In the light of these events, it is reasonable to inquire about thetransformation process in Vietnam and how it affected its economy. To answer these questions, a his-torical analysis is used, based on domestic and foreign literature and the analysis of existing data.The analysis shows that a key feature of the reform process in Vietnam was that the effortswere concentrated where production could react quickly, i.e. where the elasticity of supply washigh, so as to ensure that growth was sustained and accelerated during the transition, favoring highrates of investment and savings. The relatively harmonious combination of spontaneous reforms atthe grassroots level and decisive actions by the top political leadership could be seen as one of theunique features of the Vietnamese reforms and the reason why the Vietnamese reforms fundamen-tally changed the foundations of the old socio-economic model without causing a deep recession.

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