Nipate
Forum => Kenya Discussion => Topic started by: Georgesoros on September 08, 2016, 04:16:02 PM
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Please explain since the Kenya's GDP is much higher than Botswana's.
Does it mean that most wealth is concentrated in a few hands?
Take a look at Nigeria's. The spread is highly noticeable.
http://www.forbes.com/sites/panosmourdoukoutas/2016/09/07/china-tells-japan-to-stay-off-its-second-continent-africa/#68cce1102f70
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Doesn't the population matter? Botswana's is tiny compared to Kenya's. That is not to deny that there is a yawning chasm between the two countries.
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Windy
Tiny should equal to a tiny per capita, i think.
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Windy
Tiny should equal to a tiny per capita, i think.
All things even, it should be the inverse. GDP per capita is GDP/population. There is no denying Botswana has done some things right that can only be wishful thinking in Kenya.
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Windy
In my thinking, Botswana's have a lot in their pocket than kenya.
Come to think of it, China has a very high GDP but per capita income is like $11000.
Swiss ($59k) have more money in their pockets than USA ($53). Yet USA has a large economy.
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Windy
In my thinking, Botswana's have a lot in their pocket than kenya.
Come to think of it, China has a very high GDP but per capita income is like $11000.
They indeed do. It's partly a function of a smaller population. Low on skilled manpower but mineral rich. A long history of uninterrupted growth. Stability because of a better history of governance. Zero conflicts. A dull peaceful country, enjoying the fruits of mediocre but honest and responsible leadership.
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Diamond.Homegenous population (nearly everyone is tswana) so stable democracy. Otherwise other indicators not very good. Education/Skilled labour/HIV.