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Between 1939 to 1943, the economy of Indochina entered a period of growth and diversification. Economic development fostered a new class of entrepreneurs while rivalry between French and Japanese for the support of the Vietnamese facilitated the rise of many Vietnamese to higher administrative posts. The economy declined from late 1943 when war and isolation began to take their toll and finally collapsed in 1945, culminating in famine, increasing inequality among the population, and finally a breakdown in the traditional social structure. These were preconditions for the revolution in August 1945. In this book, the author traces and analyses the changes in economic policy and in the mechanism governing the economic life of Vietnam that enabled it to survive wartime conditions of blockade and isolation. He also looks at how these changes have a profound effect on the history of modern Vietnam.
This paper considers the impact that the Vietnam War had on the economic growth of East Asia. Somewhat inexplicably, most of the existing research on the economic growth of East Asia fails to address the influence of the Vietnam War. However, the war demonstrably had a major impact on the economic growth of the region. In this paper, in addition to presenting data elucidating the extent of this impact, we will also discuss Japanese and South Korean policies of involvement in the Vietnam War (whether active or passive), in the belief that this provides evidence showing the influence of foreign policy on economic growth.
From December 1941, Japan, as part of its plan to build an East Asian empire and secure oil supplies essential for war in the Pacific, swiftly took control of Southeast Asia. Japanese occupation had a devastating economic impact on the region. Japan imposed country and later regional autarky on Southeast Asia, dictated that the region finance its own occupation, and sent almost no consumer goods. GDP fell by half everywhere in Southeast Asia except Thailand. Famine and forced labour accounted for most of the 4.4 million Southeast Asian civilian deaths under Japanese occupation. In this ground-breaking new study, Gregg Huff provides the first comprehensive account of the economies and societies of Southeast Asia during the 1941-1945 Japanese occupation. Drawing on materials from 25 archives over three continents, his economic, social and historical analysis presents a new understanding of Southeast Asian history and development before, during and after the Pacific War.