Describe any three barriers to economic growth in veitnam as suggested by Paul Bernard
Answers
* High population levels
* Low agricultural productivity, and
* Extensive indebtedness amongst peasants.
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1) Paul Bernard was an influential writer and policy maker who strongly believed that the economy of the colonies needed to be developed. He believed that the purpose of acquiring colonies was to make profits.
2) Bernard suggested that there were several barriers for economic growth in Vietnam like high population levels, low agricultural productivity, and extensive indebtedness amongst the peasants.
3) In order to reduce rural poverty and increase agricultural productivity, new land reforms have to be adopted that are similar to that of Japanese and industrialisation has to be introduced to create more jobs
4) Bernard suggested that industrialisation would ensure sufficient employment in Vietnam.
5) But no steps were taken to industrialise the economy as it was feared by French colonies that if Vietnam’s economy is developed they would resist their colonisation in their country