How did Paul Bernard argue in favour of economic development of Vietnam? Explain.
Paul Bernard argued that the French government should make explicit efforts to develop the Vietnamese economy. He made the case that if the economy was developed and the standard of living was raised, the Vietnamese people would purchase more goods. This would expand the market for French businesses and result in profits. He also pointed out that factors like outstanding peasant debt, high population and low agricultural productivity were major hindrances in the economic growth of Vietnam and that the French government should carry out land reforms in order to counter these hindrances.