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It is only now, fifteen years after its end, that the full impact of the Vietnam War on the United States can begin to be measured. In this work, Anthony Campagna focuses on one aspect of the war's consequences: its short- and long-term effects on the United States economy. Detailing both the identifiable costs and the economic benefits, Campagna examines the increasing influence the war had on the economy as it progressed, and the immediate policy responses that formed the government reaction. The impact to the economic system is presented in a chronological fashion, describing how the economy was affected during the war years, and how, in the aftermath, it was permanently altered. The book addresses the costs and benefits of the war in a sequential manner, and is written in a non-technical style. The first section covers the historical background of the Vietnam War, centering on the Eisenhower and Kennedy administrations. A full description of the state of the economy prior to the war, and in the early stages of the conflict, is also provided. The second section details the effects of the war on the United States, beginning with its impact on the economy, social conditions, and the functioning of the Johnson administration. The longer term effects are addressed through the argument that the basic structure of the economy changed in the early stages of the war. An assessment of the Nixon administration's handling of the war and economy completes the section. Finally, the third section offers an overall accounting of the war, examining the total economic costs and benefits as well as the post-Vietnam economy and society. This volume will be a valuable resource for a wide range of courses, including history, political science, economics, and sociology. It will also be an important addition to college, university, and public libraries.
This monumental narrative clarifies, analyses and demystifies the terrible ordeal of the Vietnam war. Free of ideological bias, profound in its understanding and compassionate in its portrayal of humanity, it is filled with fresh revelations drawn from secret documents and from exclusive interviews with the participants - French, American, Vietnamese, Chinese: diplomats, military commanders, high government officials, journalists, nurses, workers and soldiers. The Vietnam war was the most convulsive tragedy of recent times. This is its definitive history.
More than forty years have passed since the official end of the Vietnam War, yet the war’s legacies endure. Its history and iconography still provide fodder for film and fiction, communities of war refugees have spawned a wide Vietnamese diaspora, and the United States military remains embroiled in unwinnable wars with eerie echoes of Vietnam. Looking Back on the Vietnam War brings together scholars from a broad variety of disciplines, who offer fresh insights on the war’s psychological, economic, artistic, political, and environmental impacts. Each essay examines a different facet of the war, from its representation in Marvel comic books to the experiences of Vietnamese soldiers exposed to Agent Orange. By putting these pieces together, the contributors assemble an expansive yet nuanced composite portrait of the war and its global legacies. Though they come from diverse scholarly backgrounds, ranging from anthropology to film studies, the contributors are united in their commitment to original research. Whether exploring rare archives or engaging in extensive interviews, they voice perspectives that have been excluded from standard historical accounts. Looking Back on the Vietnam War thus embarks on an interdisciplinary and international investigation to discover what we remember about the war, how we remember it, and why.
This unique volume offers a definitive new history of European economies at war from 1914 to 1918. It studies how European economies mobilised for war, how existing economic institutions stood up under the strain, how economic development influenced outcomes and how wartime experience influenced post-war economic growth. Leading international experts provide the first systematic comparison of economies at war between 1914 and 1918 based on the best available data for Britain, Germany, France, Russia, the USA, Italy, Turkey, Austria-Hungary and the Netherlands. The editors' overview draws some stark lessons about the role of economic development, the importance of markets and the damage done by nationalism and protectionism. A companion volume to the acclaimed The Economics of World War II, this is a major contribution to our understanding of total war.
Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
For years, the so-called better-war school of thought has argued that the United States built a legitimate and viable non-Communist state in South Vietnam in the latter years of the Vietnam War and that it was only the military abandonment of this state that brought down the Republic of Vietnam. But Andrew J. Gawthorpe, through a detailed and incisive analysis, shows that, in fact, the United States failed in its efforts at nation building and had not established a durable state in South Vietnam. Drawing on newly opened archival collections and previously unexamined oral histories with dozens of U.S. military officers and government officials, To Build as Well as Destroy demonstrates that the United States never came close to achieving victory in the late 1960s and early 1970s. Gawthorpe tells a story of policy aspirations and practical failures that stretches from Washington, D.C., to the Vietnamese villages in which the United States implemented its nationbuilding strategy through the Office of Civil Operations and Revolutionary Development Support known as CORDS. Structural factors that could not have been overcome by the further application of military power thwarted U.S. efforts to build a viable set of non-Communist political, economic, and social institutions in South Vietnam. To Build as Well as Destroy provides the most comprehensive account yet of the largest and best-resourced nation-building program in U.S. history. Gawthorpe's analysis helps contemporary policy makers, diplomats, and military officers understand the reasons for this failure. At a moment in time when American strategists are grappling with military and political challenges in Afghanistan, Iraq, and Syria, revisiting the historical lessons of Vietnam is a worthy endeavor.
The Iran-Iraq War were one of the longest and most devastating uninterrupted wars amongst modern nation states. It produced neither victor nor vanquished and left the regimes in both countries basically intact. However, it is clear that the domestic, regional and international repercussions of the war mean that 'going back' is not an option. Iraq owes too much to regain the lead it formerly held in economic performance and development levels. What then does reconstruction mean? In this book, Kamran Mofid counteracts the scant analysis to date of the economic consequences of the Gulf War by analysing its impact on both economies in terms of oil production, exports, foreign exchange earnings, non-defence foreign trade and agricultural performance. In the final section, Mofid brings together the component parts of the economic cost of the war to assign a dollar value to the devastation.
This book traces the economic history of South Vietnam from 1955 to 1975, the period encompassing the Vietnam war.
Thirty years of Ä?ổi Má»›i (economic renovation) reforms have catapulted Vietnam from the ranks of the world’s poorest countries to one of its great development success stories. Critical ingredients have been visionary leaders, a sense of shared societal purpose, and a focus on the future. Starting in the late 1980s, these elements were successfully fused with the embrace of markets and the global economy. Economic growth since then has been rapid, stable, and inclusive, translating into strong welfare gains for the vast majority of the population. But three decades of success from reforms raises expectations for the future, as aptly captured in the Vietnamese constitution, which sets the goal of “a prosperous people and a strong, democratic, equitable, and civilized country.†? There is a firm aspiration that by 2035, Vietnam will be a modern and industrialized nation moving toward becoming a prosperous, creative, equitable, and democratic society. The Vietnam 2035 report, a joint undertaking of the Government of Vietnam and the World Bank Group, seeks to better comprehend the challenges and opportunities that lie ahead. It shows that the country’s aspirations and the supporting policy and institutional agenda stand on three pillars: balancing economic prosperity with environmental sustainability; promoting equity and social inclusion to develop a harmonious middle- class society; and enhancing the capacity and accountability of the state to establish a rule of law state and a democratic society. Vietnam 2035 further argues that the rapid growth needed to achieve the bold aspirations will be sustained only if it stands on faster productivity growth and reflects the costs of environmental degradation. Productivity growth, in turn, will benefit from measures to enhance the competitiveness of domestic enterprises, scale up the benefits of urban agglomeration, and build national technological and innovative capacity. Maintaining the record on equity and social inclusion will require lifting marginalized groups and delivering services to an aging and urbanizing middle-class society. And to fulfill the country’s aspirations, the institutions of governance will need to become modern, transparent, and fully rooted in the rule of law.
The demand for workforce skills is changing in Vietnam’s dynamic economy. In addition to job-specific skills, Vietnamese employers value cognitive skills, like problem solving, and behavioral skills, like team work. This book presents an agenda of change for Vietnam’s education system to prepare workers to succeed in Vietnam’s modernizing economy.