Are the effects of colonialism on Canada, Australia and United States expected to fade away as well?
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Easterly: any adverse effect of extractive institutions associated with minority European settlement offset by human capital and technology
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The European Origins of Economic Development. http://www.nber.org/papers/w18162
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Was Rhodesia included in this study?
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Not sure, but obviously that country was the breadbasket of Africa under European governance. Now a basket case.
#Zimbabwe
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Well observed. Ghana at independence had about the same GDP/capita as S. Korea, and many held out more hope for Ghana than SK. The misplaced hope in Africa in the mid-20th is a great mistake of the intelligentsia that doesn't seem to get discussed much.
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I quite enjoyed my brief couple of weeks in Ghana. Much more pleasant, and safer than North Africa despite being an order of magnitude poorer
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“By African standards”
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Africa standards? Nobody talks about the Sykes-Picot.
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