Vietnam As A Dominant Party System - 1380 Words

Vietnam is communist state, a government ruled by a dominant party system. Over the last decade, Vietnam has shown remarkable growth since they have adapted the modernization theory. Vietnam has a spectacular progress in their growth domestic product (GDP), with a GDP of 49.42 billion in U.S dollars in 2005 to a GDP of 171.39 billion in U.S dollars in 2014.They have also achieve a high poverty reduction, from a poverty headcount of nearly 60 percent to 20.7 percent in the past 20 years. Vietnam has become more industrialized, Vietnam’s agricultural shares of economic output has shrink from 25% in the year 2000 to less than 20% in 2013, while industry’s share increased from 36% to more than 42% in the same period. Today, Vietnam is considered to be one of the leading exporters in Southeast Asia. With the top ten exports commodities that include electrical machinery, oil and mineral fuels, footwear, apparel: non knit, apparel: knit, industrial machinery, seafood, coffee a nd spices, furniture and cereals. An ongoing debate on whether a Democratic or Autocratic type of government would facilitate fast economic growth. This is an important factor because this could be the reason why Vietnam has grown so quickly. Base on the fact that Vietnam’s economy has rapidly developed, it’s safe to agree that an autocratic government would facilitate faster growth. â€Å"Under democracy, politicians seeking reelection have an incentive to reflect the will and interest of a majorityShow MoreRelatedWhat Was A Communist Government?1093 Words   |  5 Pageseveryone has equal opportunities. It’s a system of government where the government operates and plans the economy; it is referred to as single party or dominant party, where it follows the ideology of Karl Marx. 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