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Comments by "" (@orboakin8074) on "10 Countries with ECONOMIC MIRACLES!" video.
7:10 As an African (Nigerian), Botswana's story is so inspiring. So very few post-colonial African leaders managed to lead their countries onto better heights after colonialism. Many simply went the route of marxism and "anti-western" and destroyed their nations with authoritarianism and incompetence. The best one I know is Seretse Khama of Botswana. He and his fellow officials managed to negotiate for a peaceful transfer of power from the British and actually kept the systems of economics and government and even maintained good relations with the white population and the British government. Today, Botswana is one of the freest, economically prosperous and stable countries in Africa.
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@jackholman5008 Again, if population growth was the issue, then why are countries like Niger Republic, Madagascar, Congo, freaking Afghanistan and other smaller countries with far FAR less populations not richer than Nigeria? Heck! India has population greater than all of west Africa combined and they are rich and developing. How do you explain that? Even in the Americas, Bolivia, Columbia, Venezuela all have less populations than the USA and are all poorer. Population growth is a major factor in a country's economic development. Government policies are what matter more.
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@jackholman5008 If population metrics were the main determinant for a country's success, then Madagascar, Niger republic, Congo and Zimbabwe would be the richest and nost developed countries in Africa since they have less than my country's population.
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@jackholman5008 Yeah, i see some of what you are trying to get across. But Nigeria's population was already increasing in the past. Did you not read the comment I wrote where from the 2000s to 2015, our GDP was growing, inflation was low, foreign reserves and investment were high, our middle class increasing, industrialisation was increasing and national unity and security were improving? These socio-economic metrics didn't regress because of our increasing population but because of bad governance and incompetence on their part. We do have a large amount of illiterate people but the percentage of increasingly literate and educated people, especially young ones like myself (a very important demographic for any country) has been increasing as well. So why do you still keep equating our population boom as the main cause of our socio-economic problems? There are countries in Africa with far less populations, more resources and better geography than Nigeria and yet they are doing poorly. What do you say to that?
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@jackholman5008 Yes, we have a high population., especially relative to much of Africa but this is not even close to being a factor in our current economic problems. That is due to poor governance and leadership. From the 2000s to 2015, our population was increasing but our socioeconomic metrics were also improving. Inflation rates were low, foreign investment was high, industrialization was increasing (due to said increasing population that was also increasingly educated and skilled and cheap labour), our infrastructure (especially electric grid) was improving, GDP and foreign reserves were high, our debt was low, our middle class was growing etc. and yet our population was high and growing. What set us back was the incompetence of the government we elected in 2015 whose terrible policies have rolled back much of that progress. It has nothing to do with or population.
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