Why Poor Countries Are Poor
Ouch! It hurts when it is said by someone else. I couldn’t have said it better, mostly because it is my hometown we are talking about. I couldn’t find a more accurate description of the situation myself. It helps when the situation is evaluated through the eyes of an outsider. I was in Douala recently, and it looked nothing like the city I grew up in. This analysis sums up the impression I had during my ten days visit.
I’ll just let you read this Tim Harford’s analysis for yourself. If you are from Douala, you are not going to be happy, because there is no reason to celebrate.
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