Mayer, Thierry; Head, Keith; Ries, John - Centre d'études prospectives et d'informations … - 2008
The majority of independent nations today were part of empires in 1945. Using bilateral trade data from 1948 to 2006 …, we examine the effect of independence on post-colonial trade. On average, there is little short run effect of trade with … the colonizer (metropole). However, after three decades trade declines more than 60%. We also find that trade between …