Mindset as a value-related and conceptual factor of economic development of post-colonial states

Economic Annals-ХХI: Volume 184, Issue 7-8, Pages: 79-93

Citation information:
Andriushyna, L., Trynyak, M., Kakovkina, O., & Shuba, V. (2020). Mindset as a value-related and conceptual factor of economic development of post-colonial states. Economic Annals-XXI, 184(7-8), 79-93. doi: https://doi.org/10.21003/ea.V184-08


Liubov Andriushyna
PhD (Biology),
Professor,
Head, Department of Pedagogy and Psychology,
Prydniprovsk State Academy of Physical Culture and Sports
10 Victory Embankment Str., Dnipro, 49094, Ukraine
5151liubov@ukr.net
ORCID ID: https://orcid.org/0000-0003-2258-9947

Maya Trynyak
D.Sc. (Philosophy),
Professor,
Department of Philosophy,
H. S. Skovoroda Kharkiv National Pedagogical University
29 Alchevskyh Str., Kharkiv, 61002, Ukraine
maya1973Trynyak@gmail.com
ORCID ID: https://orcid.org/0000-0003-4981-8535

Olha Kakovkina
PhD (Physical Education and Sports),
Associate Professor of the
Department of Pedagogy and Psychology,
Prydniprovsk State Academy of Physical Culture and Sports
10 Victory Embankment Str., Dnipro, 49094, Ukraine
kakovkinaolya@ukr.net
ORCID ID: https://orcid.org/0000-0002-8772-4065

Vyktoryia Shuba
PhD (Pedagogy),
Associate Professor of the
Department of Pedagogy and Psychology,
Prydniprovsk State Academy of Physical Culture and Sports
10 Victory Embankment Str., Dnipro, 49094, Ukraine
shubav14@meta.ua
ORCID ID: https://orcid.org/0000-0001-5042-3106

Mindset as a value-related and conceptual factor of economic development of post-colonial states

Аbstract. The authors substantiate connection between the mindset and the state of social and economic development of post-colonial states which allowed to elucidate some of still underinvestigated cause and effect relations between the spiritual world of a nation and economic and industrial relations objectified within the social processes. By the example of 20 post-colonial states, it has been proven that economic prosperity became possible in the societies mentally oriented towards individualism. Mindset is a dynamically alterable value-related and conceptual «core» of the nation. Depending on how far the society is prepared to undergo changes and consciously assert its own subjective identity, will it ensure whether the colonial past would become its death «sentence» or a «launch platform» for its subsequent economic upturn.

Keywords: Mindset; Economy of Post-Colonial Countries; Individualism; Sociocentrism

JEL Сlassification: F54; O1; О57; Z10

Acknowledgements and Funding: The authors received no direct funding for this research.

Contribution: Each author contributed equally to the research.

DOI: https://doi.org/10.21003/ea.V184-08

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Received 2.07.2020
Received in revised form 20.07.2020
Accepted 24.07.2020
Available online 10.09.2020