Hacker News new | ask | show | jobs
by maeil 957 days ago
> Most African countries got independence in the 1940 - 1970s. Israel was established in 1948, while Singapore became independent in 1967. While most African states busied themselves with denouncing colonialism, playing around with the Soviets, or murdering any ethnic minority that didn't agree with the party line, Singapore went from being a slum to an economic powerhouse; Israel is essentially indispensable to the west as the economic/military intelligence key to the Middle East now.

To give two more examples, in 1960 South Korea's GDP/Capita was similar to Sudan and significantly lower than Taiwan's which was similar to Northern African countries (Tunisia, Morocco). Algeria was much richer than either, I assume thanks to oil.