Miracle on the Lam River: Difference between revisions

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[[Category:Ngoc Luat]]
[[Category:Ngoc Luat]]
[[Category:History (Eurth)]]
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Latest revision as of 05:31, 18 September 2022

Miracle on The Lam River
Han River.jpg
Vietnamese alphabetKỳ tích Sông Lâm
Literal meaningThe Achievements on The Lam River

The Miracle on the Lam River refers to the period of rapid economic growth in Ngoc Luat, following the Ngocluatian War (1950–1953), during which Ngoc Luat transformed from a newly industrialized country to a developed country.[1][2] The rapid reconstruction and development of the Ngocluatian economy during the latter half of the 20th century was accompanied by events such as the ascension of family-owned conglomerates known as "Tài phiệt" such as NgocLuatTin, Ngoluvico, and DaiBang.[3] This growth also encompassed declines in child mortality and increases in life expectancy.

The term "Miracle on the Lam River" was coined by Huỳnh Sinh Công, the first democratically elected president of the Ngoc Luat, in his New Year's address of 1981, in which he encouraged Ngocluatians to bear difficulties in the hope of achieving a similar economic upturn. The resultant growth has been attributed to the hard work of the labor force.[4]

Following the Miracle on the Lam River, Ngoc Luat has been held as an economic model for other developing countries, capping a successful thirty-some year of rebuilding and modernization.[5]

References

  1. Chi, Lam Thi Thu (2004). NGOC LUAT: a transition tiger. The People's Papers.
  2. Vuong, Quan Hoang. Kinh te Ngoc Luat – Thang tram va Dot pha. Gia Dinh: NXB Chinh Tri Quoc Gia, 2009.
  3. Tài Phiệt: Những Ký ức Trên Sông Lâm.
  4. "Bài phát biểu của Sinh Công, 1981."
  5. "Ngoc Luat: The Economic Model of The Tigers." Báo Quốc Dân. Retrieved October 23, 2020.

External links