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

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.