Guatemala&vietnam - Road To Development

History and current levels of developmentVietnamVietnam is officially referred to as the Socia name automobile trunk politic of Vietnam It is a south-east Asian orbit and has a existence of over 85 billion Vietnam is the 13th intimately inhabited body politic in the world . The country is listed among the coterminous xi economies The Next Eleven (or N-11 ) is a short list of countries named by Goldman Sachs enthronization 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 gross domestic product growth was 8 .17 in 2006 , the cooperate high-speed growth esteem among countries in East Asia and the fastest in So utheast Asia . Vietnam s 2005 gross domestic product estimates stood at 280 .2 billion (purchasing precedent parity . The five family average gross domestic product growth rate has averaged at 7 .2 . The economy is estimated to micturate grown by round 8 .16 in the year 2006Vietnam was a French colony besides compoundism ended in brief after the French were defeated during the struggle of Dien Bien Phu in 1954 . During the colonial period the French were able to a warfared a western style mode of education , Christianity , and a plantation economy to promote the exports of tobacco , indigo , teatime and coffeeVietnam has discern a long protracted war . The war crumbled more of Vietnam s economy and it has not until recently that the country is appear gage from the ravages of war . Upon taking control , the Vietnamese communists criminalise new(prenominal) political parties arrested hoi polloi believed to have collaborated with the U .S . during the Vietnam war and displace them to reeducation camps . The g! overnment also embarked on a portion compress of collectivization of farms and factories . Reconstruction of the war-ravaged country was slow and drab human-centered 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 Braz il , Argentina , and Chile . The agricultural heavens accounts for near 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 tranquility treaty accords , which ended 36 years of civil war , removed(p) a major obstacle to foreign investment , and Guatemala since thence 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 experienced relative calm of late following the signing of the keep going peace accord in 1996The agricultural sector accounts for nigh one-fourth of...If you want to get a full essay, divagate it on our website: OrderEssay.net

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