Farewell to Poverty: Vietnam, Poland and the Sources of Prosperity
9.99 €
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Farewell to Poverty: Vietnam, Poland and the Sources of Prosperity
9.99 €
In 1990, Vietnam was one of the poorest countries in the world and Poland one of the poorest countries in Europe. Both countries were victims of devastating wars that killed millions. And both suffered from a socialist planned economy that continued to destroy what the war had not yet destroyed.
Rainer Zietelmann shows how Vietnam and Poland, two countries from different continents and cultures, managed to achieve an economic miracle, ensuring continuous high rates of economic growth for 30 years, and escape poverty. From 1989 to 2018, Poland’s GDP grew by 826.96%, the best result in Europe; and Vietnam’s GDP growth rate for the past three decades has been 7% per year.
The book, full of startling details, explores how economic reforms in Vietnam and Poland have triumphed over poverty and sensationally raised people’s living standards. The author not only provides a wealth of data, but also describes the daily lives of people in Poland and Vietnam, including first-hand accounts and personal stories of ordinary citizens who survived both socialism and reforms.
Rainer Zietelmann shows how Vietnam and Poland, two countries from different continents and cultures, managed to achieve an economic miracle, ensuring continuous high rates of economic growth for 30 years, and escape poverty. From 1989 to 2018, Poland’s GDP grew by 826.96%, the best result in Europe; and Vietnam’s GDP growth rate for the past three decades has been 7% per year.
The book, full of startling details, explores how economic reforms in Vietnam and Poland have triumphed over poverty and sensationally raised people’s living standards. The author not only provides a wealth of data, but also describes the daily lives of people in Poland and Vietnam, including first-hand accounts and personal stories of ordinary citizens who survived both socialism and reforms.
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