Globalization has negatively impacted on Vietnam's external stability as technological advances have allowed for greater trade in goods and services. ... This persistent trade deficit has resulted in the Dong being devalued by 20% since 2008. ... The final impact of globalization on Vietnam's economic development has been closer ties with the regional and international economic community through trade agreements and joining international organizations. In 1995, Vietnam joined ASEAN and implemented a bilateral trade agreement with American in 2001. ... As such, Vietnam's integra...

• Word Count: 1293
• Approx Pages: 5
• Grade Level: Graduate

According to the article, "structural adjustment and globalisation will indeed benefit countries in the region through international trade, new investments and new and more efficient communication and information." ... The introduction of new policies of trade, investment and communication by the government attempt to soothe and even reverse any decline in social development, however, such methods have their own flaws. ... Wedderburn and Levy have identified several other groups specifically affected by economic adjustment and trade policies. ... The Caribbean Office of the International Labo...

• Word Count: 1068
• Approx Pages: 4
• Has Bibliography
• Grade Level: Graduate

The major flaw, they argued, had been the degree of state involvement in economic affair and the curtailment of free markets and liberal trade regimes. ... SAPs benefit a narrow stratum of private sector - those who involved in export production, trade brokering and portfolio finance. ... In agriculture, SAP augment the economic liberalization resulting from free trade agreements, undermining peasant agriculture while reinforcing export-oriented agribusiness. ... Economic development still has two faces, it seems, and the benefits of unregulated access to international financial markets in par...

• Word Count: 1434
• Approx Pages: 6
• Grade Level: Graduate