“If running a productive, Western-style economy were simply a matter of culture, it should be possible for African and Middle Eastern countries to import Western institutions and business methods, just as East Asian countries have done. But this is evidently not a straightforward task. Though it was justifiable at first to blame the evils of colonialism, two generations or more have now passed since most foreign powers withdrew from Africa and the Middle East, and the strength of this explanation has to some extent faded.”

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About Nicholas Wade

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