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Effects of the cold war on the economy
Vietnam war impact
Impact of the Vietnam War
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Vietnam had no prosperous period before its independence in 1945. Since then Vietnam’s development path can be divided into three periods. The first period runs from 1945 to 1975 and was a period in which Vietnam was a major battleground of the Cold War with two Indochina wars. The First Indochina War (1946-1954) was between France, supported by the USA and its allies, and the communist force known as Viet Minh supported by China and the Soviet Union. The Second Indochina War was from 1954-1975. The USA and other members of the Southeast Asia Treaty Organization (SEATO) combined with the forces of the Republic of Vietnam (the South) to fight against the army of the Democratic Republic of Vietnam (the North), which was de facto supported by the Soviet Union and China. During this period, both market economy and central planning economic models were imported and mechanically applied in Vietnam. Neither model generated the expected results however, partly due to the two wars, a lack of necessary conditions for growth, and the general failure of the economic models adopted. As a result, real GDP per capita increased just 2.9 times (or 4.8% per year) over the period 1955-1973 (the peak year before the war’s end), with real GDP per capita increasing by just 64 percent (or 2.8 percent per year) (Tran et al. 2000). …show more content…
Vietnam’s economic improvement over the three decades from 1945 was therefore modest, particularly in comparison to the Asian Tigers (Hong Kong, Singapore, South Korea and Taiwan) that enjoyed a golden period of high economic growth in these
The events leading up to the Vietnam War included a recently recovered United States from World War II, a booming economy that aided war involvement, nuclear threats and the government’s attempts to contain and abolish communism, while in competition with the world’s other superpower, Russia.
As the Soviet Union approaches Berlin from the East, the allied forces invade from the west. Hitler’s German war-machine was crumbling. The United States had to make an enormous decision. Should they attack the Red Army of the Soviet Union? Should they keep the increasingly shaky alliance with the Russians and end the war in Europe? America chose to remain allies, resulting in a decision that affected the world for the next 46 years. World War 2 had concluded but now there was a new enemy, the Soviet Communist.
Only in the Vietnam War was the United States’ participation criticized. This is such a gigantic change from prior wars that it bears study as to why it happened, and better yet, should have it happened. This paper will discuss the United States’ involvement in the Vietnam War, by asking the simple question, Should have the United States’ gotten involved in the first place? This paper will prove that, in fact, America should not have gotten involved in the Vietnam War. The Vietnam War took place between 1947- 1975.
Vietnam War (1954-1975) is considered as one of those big wars of the modern world that has been acknowledged and studied by countries in the world. Especially, in regard to the United States, starting and ending war in Vietnam was an unforgettable experience that has left a priceless lesson in its foreign policy, and of course a lot of loss, physically, mentally, and property. “The Legacy of Vietnam” article of George Herring basically summarizes how the Vietnam War led to an end in failure of America and what consequences it left behind.
Throughout Vietnam’s history geography has play a role during it and because of it’s location, climate, soil it was an ideal place for farming which would soon attract invaders. The Chinese, French ,and Japanese all wanted something from Vietnam which included agriculture abundance, colonial possessions, and natural resources. They all controlled Vietnam at this time. Japan surrendered when vietminh declared it’s independence and the United States did not support this independence. The French and Vietminh went into war where the french had lost and Vietnam was divided ( French took control of
The U. S. Contained Communism In Vietnam In 1949, Mao Zedong led the Peoples Revolution, which established a Communist State in China. Communism has now been introduced to Asia. In this period, after World War II, Communism was a popular ideology being introduced throughout the world. Vietnam is one of the many countries under the threat of Communism.
The Vietnam war has been referred to by many names, one of the longer ones was 'the cornerstone of the free world southeast Asia'. It was called that by John F. Kennedy. He was talking about Vietnam being and essential country in a non-communist world. He believed that if Vietnam became a communist country, all of the surrounding countries would also become communists. This is the main reason America was involved in the Vietnam war. Another reason was that America wanted to spread their “political ideas around the globe”. They wanted to do this so that their anti-communism stance was clear. The public also wanted to keep communism from spreading. To soldiers, the war was like a crusade, a great journey to purge the communists from Vietnam. Sadly, this is not what happened. The Viet Cong (VC) had far better tactics than the US. The VC was told to 'nibble at the enemy' so that he could 'neither eat or sleep'. This worked very well. Another demoralizing tactic the VC used was their landmines; they were designed to blow the limbs off the soldiers without killing them. This tied up hospital beds and meant the soldiers had to carry the wounded back to the base.
Vietnam’s involvement in the Vietnam War impacted Vietnam in various significant ways. The Vietnam War was a very crucial war in Vietnamese history and changed Vietnamese society. The war was enduring and lasted for twenty-one years. It began in 1954 and ended in 1975. The war commenced due to disagreement of communism in Vietnam. The war was between North Vietnam, South Vietnam, and The United States. North Vietnam supported and encouraged communism in Vietnam. On the other hand, South Vietnam and The Untied States opposed communism and tried to prevent communism from spreading throughout the country. This eventually led to the chaotic Vietnam War. The war gained national attention and created pandemonium worldwide. The war impacted Vietnam in major ways and also impacted vital factors such as health, life in Vietnam, and economy. The leaders of North and South Vietnam also impacted all the involvement that took place in the war. The Vietnam War changed Vietnam greatly. The war left Vietnam in shambles and the war was also a calamity.
Unlike many other European countries that sought out the territory in Southeast Asia merely for increasing their power through trade, the French first began interactions with the region as early as the 17th century. Alexandre De Rhodes began an expedition to the Southeast Asia region with the desire to expand the Jesuit missionaries throughout the region to further their belief. For many years until the 18th century, the Jesuits expanded and created many missionaries throughout the region. The 18th century had brought an astronomical expansion in the trading markets throughout Europe and Asia as all the European superpowers began colonizing all of Southeast Asia to further their trading “empires.” The French would also begin to participate, not at the same level as countries such as the Netherlands or Great Britain, but more in moderation. At that time the French believed to confine their participation in Southeast Asia to religious advancement and moderate trading. It wasn’t until the 19th century until things would begin to take a turn and the French would become a major participant in Vietnam’s history.
By 1971, the Cultural Revolution in China had ended in failure and conditions in Hong Kong calmed,” Gloria Lannom states, yet it took a while for Hong Kong to rebuild its economic standings because of this fact.
"China's Involvement in the Vietnam War, 1964–69. " China's Involvement in the Vietnam War, 1964-69 142 (1995): 356-87. Cambridge University, June 1995. Web. The Web.
In addition, Vietnam had and still has a Communist government and a socialist economic model. However, the Vietnamese are trying to move more towards a free market system. Meaning that the Vietnamese want a market economy where the forces of supply and demand are not controlled by the government, nor any other authority. Moreover, every members of the government are elected by Vietnam’s National Assembly. Additionally, Vietnam is one of the fastest growing financial country in the world with, according to bbc.com, a nominal GDP that reached about $170 billions. Also, Vietnam became one of the highest leading agri...
1945 a new draft of a five year- plan was set up by the Gosplan which
War in Vietnam is the longest military conflict U.S. were involved in during 20th century. However, 20 years before the official war declaration, in 1944, no one would have ever guessed that the area of South East Asia is going to experience such development. Having approached the Vietnam situation with wrong policy, underestimating the motivation and determination due to historical memory, in the hostile conditions caused US were unable to suppress the communist insurgency in South Vietnam, which later turned into a David vs. Goliath type of conflict.
During the twentieth century, the world began to develop the idea of economic trade. Beginning in the 1960’s, the four Asian Tigers, Hong Kong, Singapore, South Korea and Taiwan, demonstrated that a global economy, which was fueled by an import and export system with other countries, allowed the economy of the home country itself to flourish. Th...