Tubman's Open Door Policy Analysis

Tubman was called the "Maker of recent Liberia" for his Open Door policy of unrestricted foreign investment and his Unification Policy. The "Open Door" policy attracted many countries greenbacks in foreign investment expedited by Tubman's eagerness to hand out concessions to foreign corporations. Tubman raised the country's world profile by traveling abroad and permitting further international investment in Liberia. With this investment and also the financial gain from the freshly discovered mineral deposits, he modernized parts of Liberia largely on the coast and built schools, roads, and hospitals. Tubman also expanded the incorporation of natural populations into the social and economic thought, granting them, for example, the right to vote. Underneath Tubman, Liberia was a founding member of the United Nations in addition as of
Tubman initiated National Unification Policy and therefore the economic reforms inspired by the Open Door Policy. He tried to reconcile the interests of the native tribes with those of the Americo-Liberian elite, and increased foreign investment in Liberia to stimulate economic growth. These policies led to the crowning accomplishment of the Liberian economy during the 1950s, once it had the second largest rate of economic process with in world. At his death in 1971 in a London clinic, Liberia had the largest mercantile fleet in the world, the world's largest rubber business, the third largest businessperson of iron ore in the world and had attracted more than US$1 billion in foreign investment. He was succeeded as President by his long-time vice president William Tolbert. The economic prosperity of Liberia at this time would unleash political dissent with the autocratic rule of Tubman and therefore the True Whig Party, leading to the overthrow of the True Whig oligarchy in 1980 by Samuel Doe. This would also destroy the economic prosperity of Liberia's golden