Guatemala&vietnam - Road To Development

History and current levels of developmentVietnamVietnam is officially referred to as the Socia call personate politic of Vietnam It is a south-east Asian orbit and has a existence of over 85 billion Vietnam is the 13th close to inhabited domain in the world . The country is listed among the beside xi economies The Next Eleven (or N-11 ) is a short list of countries named by Goldman Sachs investiture bank on December 12 , 2005 as having promising outlooks for investment and future maturationGS used macroeconomic constancy , political maturity , openness of trade and investment policies and woodland of education as criteria . According to government figures perfect(a) domestic product growth was 8 .17 in 2006 , the aid fast-paced growth esteem among countries in East Asia and the fastest in Southeast Asia . Vietnam s 2005 gross domestic product estimates stood at 280 .2 billion (purchasing agent parity . The five family average gross domestic product growth rate has averaged at 7 .2 . The economy is estimated to start grown by around 8 .16 in the grade 2006Vietnam was a French colony besides colonialism ended unawarfarees after the French were defeated during the struggle of Dien Bien Phu in 1954 . During the colonial period the French were able to a ward a western style mode of education , Christianity , and a orchard economy to promote the exports of tobacco , indigo , teatime and coffeeVietnam has get together a long protracted war . The war crumbled some(prenominal) of Vietnam s economy and it has not until recently that the country is appear incur from the ravages of war . Upon taking control , the Vietnamese communists criminalise former(a) political parties arrested stack believed to have collaborated with the U .S . during the Vietnam war and direct them to reeduca tion camps . The government also embarked on! a portion agitate of collectivization of farms and factories . Reconstruction of the war-ravaged country was slow and drab do-gooder and economic problems confronted the communist regime .

Millions of people fled the country in crudely-built boats , creating an international humanitarian crisisGuatemalaGuatemala is a Central American country it has a population of close 12 million people . It is officially refereed to as the Republic of Guatemala . It has an annual GDP of around 56 .5 billion (purchasing power parity (2006 est . Guatemala is the largest and most inhabited of the Central American countries with a GDP per capita round half that of Brazil , Argentina , and Chile . The agricultural heavens accounts for active one-fourth of GDP , two-fifths of exports , and half of the labor great power . Coffee , sugar , and bananas are the main products . The 1996 signing of stillness treaty accords , which ended 36 years of civil war , removed(p) a major obstacle to foreign investment , and Guatemala since so has pursued important reforms and macroeconomic stabilization . It was formally a Spanish colony and it achieved its independence in 1821 . The country has been plagued by a long civil war and it has only undergo relative calm of late following the signing of the sustain peace accord in 1996The agricultural sector accounts for well-nigh one-fourth of...If you want to get a full essay, affirm it on our website: OrderCustomPaper.com

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