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20 sats \ 1 reply \ @zuspotirko OP 23h \ parent \ on: The Rise of Vietnam econ
There are plenty other ways to fail. e.g. middle income trap. Not saying that it will hapen, just that it can.
Without a doubt, there is always this risk, and one of the ways for this to happen (not the only one) is to reduce the volume of exports. That's why I mentioned the possible unfavorable implications of joining the BRICS. But I believe that due to its location, it was a more than natural choice to be included in this political/economic bloc.
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