Team #8: Will Sandman, Lisa Stensby, David Straup, Gigi Rong
Agenda
Introduction & South Korea 45-48: David South Korea 48 Present: Lisa Vietnam 45 Present Will Conclusion & Take-Aways: Gigi
Wheres Wildo?
South Korea Vietnam
Crossroads of Northeast Asia Korean Strait, Sea of Japan and Yellow Sea Proximity to Japan & China
Industry
Industry Services Manufacturing Agriculture South Korea 55% of GDP (est.) 40% of GDP (est.) 5% of GDP (est.) Vietnam 38% of GDP (est.) 40%* of GDP (est.) *Also includes construction 22%* of GDP (est.)
*Also includes forestry & fishing
Current Statistics
Population (2009) GDP (2009) GDP Per Capita (2009) South Korea 48.8 million $831.5 billion (U.S.) $17,039 (U.S.) Vietnam 88.2 million $96.3 billion (U.S.) $1,093 (U.S.)
Vietnamese Dong
Vietnam
A single-party constitutional republic (Communist
Pres. Nguyen Minh Triet
South Korea
1945 - Present
Nov. 47:
U.N. agrees to U.N. commission to assist in moving towards Korean Independence
U.S. focus on economy and infrastructure leads to social unrest as social issues are not prioritized.
Culture:
Social hierarchy (based on age & social status) remains at play in local, community based politics this does not translate well to the national stage and with the U.S. political agenda
Economy:
Japanese colonization had started industrialization, urbanization and modernization what to keep and what to discard? Industrial production during war geared toward Japanese war effort now these goods are useless. Japan was primary trade partner with the fall of Japan this market was gone
Nov. 47:
U.N. agrees to U.N. commission to assist in moving towards Korean Independence
Culture:
Strong sense of social hierarchy (based on age & social status) remains at play in local, community based politics this does not translate well to the national stage and with the U.S. political agenda
Economy:
Japanese colonization had started industrialization, urbanization and modernization what to keep and what to discard? Industrial production during war geared toward Japanese war effort now these goods are useless.
K o re a : 1 9 4 8 -1 9 6 0 S yn g m a n R hee
Po l ce S ta te i Ai e co n o m y d
1 9 4 5 - 1 9 6 1 : U . S . a i to ta l a b o u t $ 3 b i l o n d s li K o re a n re l a n ce o n U . S . a i a n d i p o rt o f ra w m a te ri l i d m as C h a e b o l si i a r to J p a n e se K e i tsu ( exa m p l s: S a m su n g , s m l a re e D a e w o o , LG )
growth
International political support Access to foreign capital and technology Reserve of literate and low cost workers
K o re a : 1 9 7 9 -1 9 9 3
Korea: 1993-Present
Vietnam
1945 - Present
1945-1954
French enter after Japanese leave French controlled south French force Ho Chi Minh out US backs Bao Dai, Soviet and China back Ho Chi Minh Divided North and South government
Ho Chi Minh Trail (1959)-flow of supplies through Cambodia Kennedy sends significant troops 100016,000 at once (1961) Kennedy assasinated US starts Rolling Thunder bombing campaign (1964) Hanoi depended on China for supplies and
US domestic support and backing of the war is not positive Tet Offensive repelled Johnson overstated that the war was nearly won and he didnt run of president Nixon gets Soviets and Chinese involved to pressure Hanoi to start negotiations Negotiations begin as Nixon resigns The war ends in 1975
Fighting between Vietnam and Cambodia With the death of Le Duan in 1986 the
Government encouraged tourism Soviet collapse, Vietnam strengthened their alliance with China
uKorea:
uVietnam:
uChina/Soviet Unions communist power uFollowing Chinas open door policy
uUS anticommunism
uKorea War and Vietnam War
u
Self serving global agendas of Western (including Japan) Capitalist and Communist powers greatly shaped the geopolitical landscape of
Politics
uKorea: Democracy uThe 28th out of 167 countries* uTwo main political powers: GNP & UDP uVietnams Communism uThe 147th out of 167 countries* uDominant political force: VCP
The contrasting government types, democracy and authoritarian rule, are predominant political structures of the governments of Korea and Vietnam respectively.
Economy
uKorea
uRelying on international trade (70% GDP) uExporting contributes to economic growth uNationalism makes it difficult for foreign companies to fit in Korean market
uVietnam
uEconomic renovation and support for private sectors since 1986 uRapid expanded economy since 2000 uWelcomes FDI bringing in capital and jobs
u
Q&A