Πέμπτη 18 Αυγούστου 2016

African Economic Development and Colonial Legacies



Note of our blog: View of our blog is that colonialism is a crime against humanity. The alleged development who brought to the colonies (in all continents) did not help the local population to live better, as the Western nations not living better than before the industrial revolution.
The Orthodox Church is not Church of colonists, nor necessarily brings with it the western lifestyle. The Orthodox peoples (Greeks, Serbians, Russians etc) have a strong tradition of pre-industrial and pre-capitalist culture and profess this. The modern lifestyle is beneficial when man becomes a moral and wise. Not when he is selfish or greedy or cares only for his wealth, comfort and pleasures.


From here. Photos from here.

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This article reviews how colonial rule and African actions during the colonial period affected the resources and institutional settings for subsequent economic development south of the Sahara. The issue is seen from the perspective of the dynamics of development in what was in 1900 an overwhelmingly land-abundant region characterised by shortages of labour and capital, by perhaps surprisingly extensive indigenous market activities and by varying but often low levels of political centralisation. The differential impact of French and British rule is explored, but it is argued that a bigger determinant of the differential evolution of poverty, welfare and structural change was the contrast between “settler” and “peasant” economies.

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