Author Topic: Botswana'ss per capital income is 5 times Kenya's!!  (Read 2226 times)

Offline Georgesoros

  • Moderator
  • Enigma
  • *
  • Posts: 4659
  • Reputation: 7043
Botswana'ss per capital income is 5 times Kenya's!!
« on: September 08, 2016, 04:16:02 PM »
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

Offline Kim Jong-Un's Pajama Pants

  • Moderator
  • Enigma
  • *
  • Posts: 8783
  • Reputation: 106254
  • An oryctolagus cuniculus is feeding on my couch
Re: Botswana'ss per capital income is 5 times Kenya's!!
« Reply #1 on: September 08, 2016, 04:24:00 PM »
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.
"I freed a thousand slaves.  I could have freed a thousand more if only they knew they were slaves."

Harriet Tubman

Offline Georgesoros

  • Moderator
  • Enigma
  • *
  • Posts: 4659
  • Reputation: 7043
Re: Botswana'ss per capital income is 5 times Kenya's!!
« Reply #2 on: September 08, 2016, 04:31:19 PM »
Windy
Tiny should equal to a tiny per capita, i think.

Offline Kim Jong-Un's Pajama Pants

  • Moderator
  • Enigma
  • *
  • Posts: 8783
  • Reputation: 106254
  • An oryctolagus cuniculus is feeding on my couch
Re: Botswana'ss per capital income is 5 times Kenya's!!
« Reply #3 on: September 08, 2016, 04:35:08 PM »
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.
"I freed a thousand slaves.  I could have freed a thousand more if only they knew they were slaves."

Harriet Tubman

Offline Georgesoros

  • Moderator
  • Enigma
  • *
  • Posts: 4659
  • Reputation: 7043
Re: Botswana'ss per capital income is 5 times Kenya's!!
« Reply #4 on: September 08, 2016, 04:41:08 PM »
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.

Offline Kim Jong-Un's Pajama Pants

  • Moderator
  • Enigma
  • *
  • Posts: 8783
  • Reputation: 106254
  • An oryctolagus cuniculus is feeding on my couch
Re: Botswana'ss per capital income is 5 times Kenya's!!
« Reply #5 on: September 08, 2016, 04:50:37 PM »
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.
"I freed a thousand slaves.  I could have freed a thousand more if only they knew they were slaves."

Harriet Tubman

Offline RV Pundit

  • Moderator
  • Enigma
  • *
  • Posts: 38335
  • Reputation: 1074446
Re: Botswana'ss per capital income is 5 times Kenya's!!
« Reply #6 on: September 09, 2016, 05:46:57 PM »
Diamond.Homegenous population (nearly everyone is tswana) so stable democracy. Otherwise other indicators not very good. Education/Skilled labour/HIV.