this post was submitted on 20 Aug 2023
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askchapo

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Do you guys support Centrally Planned Economies? Why? (midwest.social)
submitted 1 year ago by bizzle@midwest.social to c/askchapo@hexbear.net
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[โ€“] Vampire@hexbear.net 1 points 1 year ago (1 children)

I don't actually know much about day to day life in Vietnam, are their poverty numbers especially low? I'd love to do more research on that.

Vietnam's remarkable journey from low to middle-income status lifted 40 million people out of poverty between 1993 and 2014. In that time span, the poverty rate dropped to 14 percent from almost 60 percent. Per capita growth since 1990 has been second only to China's, averaging 5.6 percent a year as of 2017

[โ€“] bizzle@midwest.social 1 points 1 year ago

Wow that's incredible!