Re: When VN becomes a real Tiger?

[Nhat Quang Ton <nqt@minyos.its.rmit.edu.au>]

> Dear friends

> There is a common fallacy in the following calculation
> (I have also seen it in VN Govenment publications).
> The growth rate of 9% is for the TOTAL GDP. Since 
> population is growing at more than 2% per year the per
> capita GDP is at best 7%. Since VN's economy is heavily
> reliant on overseas companies that re-export their profit
> the actual income growth for the local population is 
> probably less still.

> Anyway, taking 7% p.a. in 50 years the Vietnamese's
> average income will still be less than $7000.

> Cheers
> Tuan Pham


> > From: Sonnet Nguyen <Sonnet.Nguyen@fuw.edu.pl>
> >
> > Dear friends,
> > 
> >  GROWING PERCENT 9.0 % PER YEAR.
> > 
> >  ACTUAL INCOME 250.00 $ PER PERSON.
> > 
> >  QUESTION: How is INCOME per PERSON after 50 years ?
> >  ...
> > 
> >  VN-se INCOME per PERSON IS EQUAL 18589.38 $ AFTER 50 YEARS.
> > 
> > So VN need at least 50 years for achieve actual state
> > of many countries. THE DARK SIDE OF THE MOON!
> > Hope that all VN-ses have to been accelerated .... 
> > enjoys,
> > SN

I also have read that if the population grow at 1% ,in order to maitain
the standard of living GDP should develope at the rate of at least 4 % .
Also , I wonder that how can Vietnamese GDP per person double that number
in the year 2000 reaching $450 , because yesterday I read in Asiaweek GDP
per person in Viet nam stand at $250 . Hopefully , that is the wrong data
.