Economic Legacies of Colonialism; Asset or Hindrance to Economic Transformation of Africa?
Journal Title: IOSR Journal of Humanities and Social Science - Year 2018, Vol 23, Issue 7
Abstract
Apologists of colonialism argue that it left in Africa economic legacies with potentials of triggering economic growth; that it laid the foundation for growth by initiating Africa into the international economic order; that Africa’s underdeveloped status lies only in Africa’s post colonial experience. Opposing this predominantly Euro-American view are proponents of the position that colonization is responsible for Africa’s Post colonial underdevelopment. Theirs is that Africa’s underdevelopment derived from historical antecedents of colonialism. Using mostly secondary sources and scholarly analysis of colonial economic data, this paper examines the economic legacies of colonialism and posits that colonial economic legacies are not assets but hindrances to Africa’s economic transformation. It implores African leaders to chart a new course to Africa’s economic development by jettisoning rudiments of colonial economic legacies.
Authors and Affiliations
Chiemela Godwin Wambu, Onyedikachi Madueke, Iheonu Allens- Umunna
Keywords
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- EP ID EP419363
- DOI 10.9790/0837-2307012430.
- Views 90
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