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When Vietnam started the Doi Moi (renovation) in the mid-1980s it was a backward agricultural country. Liberalising markets, allowing the establishment of private firms, integrating in the world economy and high FDI inflows stimulated growth and productivity development. However, this first face...
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Describes in a game-theoretical approach how the development success story Vietnam managed to keep rent seeking in check sufficiently to attract record numbers of foreign investors and exhibit strong economic growth in the early stages of its economic reforms. It concludes that pluralistic...
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Kyrgyzstan economy have undergone transition from a different economic system in the 1990s until now. For stimulating a diversified long-run growth in Kyrgyzstan, the region needs to overcome spatial fragmentation by integrating the regions for economic development translating into national...
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