Gibbs
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True, but same can be said of India. From 1947 up to the 90s, India had very slow growth due to the socialist policies of Nehru. But when India liberalized it's economy in 1991, India began to grow. So had India liberalized it's economy in 1947, today India would have been a developed country.
Hmmm.. Every single post colonial nation was in the same foothold in this regard for different socio economic reasons,So you cant single out a single country or reason as an excuse.. SL liberalized it's economy in the 80's just a decade before India and with a debilitating civil war to contend with, Bangladesh was born in the 70's and have been under political instability for most part of it's young history, Pakistan has been under military rule for most part and a volatile neighborhood along with domestic extremist instability and violance
So India cannot be an exception to it nor can it use it as an excuse