Preliminary Research of Currency and Financial State in Southern Vietnam, 1954-1975

  • Nguyễn Ngọc Cơ
  • Hoàng Hải Hà

Abstract

After 1954, the United State gradually established the new colonialism in Southern Vietnam, applying the policy of "using the Vietnamese to rule the Vietnamese". In order to prepare a potential strength for the lackey government in the anti-communism war, the United State kept pouring dollars, weapons, and military advisors into Southern Vietnam. In order to get a full control of the economy of Southern Vietnam, the United State assisted Saigon to implement a variety of currency and financial policies because Washington understood that currency played a key role in the national economy. The period 1954-1975 witnessed the frequent financial vicissitudes in the currency policy of Southern Vietnam. The currency policy implemented by Saigon was considered the most modern measure at that time. A study of this topic may offer a variety of valuable experiences for the today market economy of Vietnam such as taxation, anti-inflation, bank credit. At different stages of time, the government always seeks to find suitable solutions in order to solve urgent financial problems.
điểm /   đánh giá
Published
2011-12-30
Section
Articles