I understand the fact that the slave trade and colonisation highly affected the continent, but fact is African countries weren’t the only ones affected by that so it still puzzles me as to why African nations have failed to spring up like the Super power nations we have today
In: Economics
The geography isn’t ideal for development and there are some other structural reasons. But one reason I am confident the thread will over look is the role of ideas. So broadly during the 20th century interventionism, socialism, and welfareism became popular among academia and politicians. And the general public. So African elites would come get educated in the west and return and govern their nations under the influence of these ideas. But if you really want to grow an economy what you need is economic freedom.
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