2-Vinyloxy ethyl phthalimide (ImVE) was polymerized using 1-(isobutoxy) ethyl acetate as the initiator in the presence of ethyl aluminum dichloride and either ethyl acetate or ethyl benzoate. The resulting polymers have a narrow molecular weight distribution, and their molecular weight can be controlled within a narrow range by varying the monomer and initiator concentrations. Diblock copolymers with n-butyl vinyl ether can also be formed. The behavior of the polymerization is consistent with a living cationic mechanism. A brief comparison of the title system with other initiating systems is also presented.