Jumpstarting growth: What can we learn from Viet Nam and Malaysia?

I. Our targets

President Mahinda Rajapaksa as the Minister of Finance has once again reiterated in the Budget of 2012 the Government’s commitment to a sustainable growth target of 8%-10%. A key objective of achieving this growth is to double per capita GDP to over $ 4,000 by 2016. The recent experiences of Viet Nam and Malaysia provide important insights for developing a road map for achieving these goals.