Southeast+Asia

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Discussion
Vietnam is the easternmost country on the South East Asia peninsula. During the mid-19th century, Vietnam was colonized by the French. As a result, a communist movement emerged to seek independence from France. Conflict eventually divided the country into a Communist National Northern State and French supporting Southern State. Eventually more conflict and power struggles arose, and the Vietnam emerged. The United States, as most of us know, soon got involved to help fight the VietCong and communists, but after 8 years, all U.S. forces were withdrawn, and the communists overpowered the South & the capital of Saigon. In 1976, the North & South merged to form the Socialist Republic of Vietnam. Following the war, the government embarked on a campaign for nationwide collective or communal farming and factory production. This caused an economic collapse and triple-digit inflation. Reconstruction following the war was extremely slow, millions left the country, and the country relied heavily on the soviets for economic and military aid. The nation transitioned from a planned economy to a socialist-oriented market economy. In 1986, Vietnam implemented free-market reform.

Key Stats
k^{1/3} math ||= **Implied TFP** ||= **I/Y** ||= **K/Y** ||^  || (Notes: **Pop** is 2007 population in millions. **GDP/Pop** is 2007 per capita GDP in 2005 dollars using international prices. **y** is per capita GDP divided by US per capita GDP (i.e. normalized so that the US value is 1). **k^1/3** is capital per capita divided by the US value of capital per capita and then raised to the 1/3 power. **Implied TFP** is **y** divided by **k^1/3**. **I/Y** is the average savings rate from 1980-2007. **K/Y** is the 2007 capital-output ratio. **g** is the average growth rate from 1960-2007. Click here for links to the source data and tips for calculating.)
 * ~ Name ||~ Pop ||~ GDP/Pop ||~ y ||||= Prod Model (Ch 4) ||||= Solow Model (Ch 5) ||~ g ||
 * ^  ||^   ||^   ||^   ||= math
 * Indonesia ||> 234.7 ||> 5,186 ||> 0.12 ||> 0.41 ||> 0.29 ||> 14.78 ||> 1.92 ||> 0.035 ||
 * Phillipines ||> 94.1575 ||> 4791 ||> 0.11 ||> 0.392 ||> 0.281 ||> 12.8123 ||> 1.71 || 0.021 ||  ||>   ||
 * Thailand ||> 65.1 ||> 9429 ||> 0.22 ||> 0.628 ||> 0.35 ||> 36.10 ||> 3.57 ||> 0.046 ||
 * Myanmar ||> 57.641 ||> 350.14 ||> .024 ||> --- ||> --- ||> --- ||> --- ||> --- ||
 * Malaysia ||> 24.8 ||> 17891 ||> 0.41 ||> 0.65 ||> 0.64 ||> 0.253 ||> 2.1 ||> 0.046 ||
 * Cambodia ||> 14 ||> 2824 ||> 0.065 ||> --- ||> --- ||> 10.459 ||> --- ||> 1.08 ||
 * Laos ||> 6.5 ||> 2282 ||> .053 ||> --- ||> --- ||> 34.8245 ||> --- ||> 0.0314 ||
 * Singapore ||> 4.8 ||> 44,619 ||> .0024 ||> 1.029 ||> .002 ||> 44.29 ||> 3.32 ||> .05 ||
 * Vietnam ||> 89.6 ||> 3,743 ||> 0.087 ||> --- ||> --- ||> 24.05 ||> --- ||> 0.0382 ||