No significant post-colonial economic miracle happened inside a monetary union

Evidence

It should be remembered that the economic ‘miracles’ observed in Southeast Asia have all occurred in the context of countries that have their own national currency. — Fanny Pigeaud_ Ndongo Samba Sylla, Africa’s Last Colonial Currency, 350

Categorization

• XREF: Connects to debates about currency sovereignty in African economic historiography and to comparisons of Asian and African development paths. — connects to: Post-colonial monetary unions survived only in the franc zone and small dependencies — Fanny Pigeaud_ Ndongo Samba Sylla, Africa’s Last Colonial Currency, 350; A monetary union without fiscal union lacks shock absorbers against asymmetric regional shocks — Mark Blyth, Austerity: The History of a Dangerous…, 251

Related

• Post-colonial monetary unions survived only in the franc zone and small dependencies (similarity 0.87)
• Every state over 100 million people has its own national currency (similarity 0.80)