Algerian independence coincided with the start of France’s economic miracle.

Evidence

If one excludes the imponderable factor of the loss of the oil resources developed by French knowhow and capital, the ending of the war and the severance of Algeria must be reckoned a net gain to France’s economy. Certainly it was from the date of Algerian independence in 1962 that France’s own economic “miracle” stems — even though after that moment she continued still to bolster Algeria to the extent of approximately £700,000 a day. — Horne, Alistair, A Savage War of Peace- Algeria 1954-1962, 1637

Categorization

  • XREF: connects to: Defeat in Algeria paradoxically produced a stronger France; Severing Algeria proved a net economic gain for France; Algeria’s loss paradoxically produced a stronger postcolonial France — Horne, Alistair, A Savage War of Peace- Algeria 1954-1962, 8

Broader Connections