What is meant by adverse path dependence

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Question: All countries are subject to path dependence. This simply means that past decisions, and past history, affect the present conditions and possibilities for the future. What is meant by adverse path dependence? What role did colonialism play in creating adverse path dependence? How can countries that were former colonies overcome adverse path dependence? What specific changes would you suggest be undertaken by now-independent countries with economic structures shaped by colonialism?

Reference no: EM131484718

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