'Development problems at the start of the 21st century have their roots in the colonial period(TM) Discuss.

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'Development problems at the start of the 21st century have their roots in the colonial period’ Discuss.

By 1921, the British Empire held sway over a population of about 458 million people, approximately one-quarter of the world's population. (Maddison, 2001: 98)  Colonisation began as early as the beginning of the 16th century when European countries, such as Britain and Spain, began to form colonies all over the world in parts of Africa, Asia and South America, dominating trade systems and the world economy. However, even since the independence of the majority of these former colonies, there has been a continual debate about the long term effects that the colonial powers imposed on the colonies and their people.

On one hand, there are a number of factors which indicate that the reason for many countries in the global south having development problems is due to the impact of being former colonies. Nigeria was a country under British rule for 60 years until it gained its independence on October 1st 1960. (Onwukike, 1997: 128) Although at the time, colonialism was seen as mutually beneficial, it had considerable unexpected negative impacts for Nigeria.  The British continued to expand their empire by exploiting the rich raw materials that were abundant in Nigeria, such as oil and coal. However, as with many colonies, the Britain availed itself of these resources and sent the profits overseas, transferring very little of the economic benefit back to the colony:

‘Despite the achievements of the past two decades, we are still far from a situation in which the developing countries, relying solely on their own resources, can assure effective and early modernization of their economies…The drive toward modernization has inevitably created conflicts between guardians of tradition and those who seek change’ (Glatzer, 2002: 181)                                                                                                                                   Nigeria created an economic dependency on the British, meaning without independent development, it was almost inevitable that they were going to trail behind.

The colony of Nigeria was primarily developed as a source of raw materials for British industry, and secondarily as a market for British goods. These colonial policies ruled out the large-scale development of industry in Nigeria. Consequently, when Nigeria won its independence, the country gained a new found freedom, which allowed them to develop their industry, however lack of technology and experience led to great mismanagement and as a result, large scale debt.     ‘Nigeria's external debt, which is estimated at over $30 billion, has continued to rise because windfalls from oil exports during the 1970s and 1980s were squandered on politically-motivated projects, such as the Ajaokuta Steel Plant. The plant cost over US$6 billion but has yet to produce any steel.’ (Oritsejafor, 2007)In addition, because Nigeria had been economically dependent on foreign trade, the government borrowed large quantities of capital in order to fund their new projects. ‘ the country continued to borrow money from international lending institutions such as the IMF and World Bank under stringent conditions’ (Oritsejafor, 2007) However this simply increased foreign debt, driving the country into economic recession and hindering its process of development. Dependency and debt are two aspects, which continue to characterise the situation in many African countries today.

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As the colonial powers became wealthier, there was a high demand for labour, needed to work on the land and produce agricultural and manufacturing output. Although the slave trade existed prior to colonialism, it rapidly became one of Africa’s major industries, becoming known as the Atlantic slave trade (Le Monde Diplomatique, 1998). ‘It is estimated that between 1601 and 1870, 15,200,000 left Africa’. (Meltzer, 1993: 232)This immense depopulation greatly affected productivity and technological advances, by reducing the labour force. The mixing of people from different cultural and religious backgrounds also created severe racial tension in regions of previously homogenous race ...

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