Former Colonies Advantages

The primary argument proffered by these Latin American scholars was that these newly independent and developing nations were structurally different from industrialized countries and, therefore, required dissimilar approaches to achieve developed status. The history of these former colonies is that their economies were organised to produce raw materials, cash crops, and foodstuff for export at low prices to their colonial masters. These arrangements shaped a relationship that consistently disadvantaged former colonies and to restricted their economic and social