Over the last few decades, Vietnam has undoubtedly made its mark on the global economy as a development success story. It has rapidly transformed from one of the world’s poorest nations, into a lower middle-income country within the span of a single generation, largely through Đổi Mới economic reforms.
Gross domestic product (GDP) has long been considered the premiere macroeconomic indicator. As a measure of domestic productivity, it is uniquely adept at pointing towards economic growth and wellbeing. It is also intertwined with other important employment factors; output, unemployment, interest rates and, inflation. Hence it’s no wonder that
This week in Editor’s Picks we take a look at the real relationship between GDP and happiness, a student movement to challenge contemporary economic theory, student migration, cash payments to alleviate poverty and the impact of uncertainty on markets. Growth, what is it good for if it brings little