An interesting article in The Globallist in 2005 drew a comparison between Thailand and Ghana over the 20 years between 1985 and 2005. The difference between the two countries is starkly contrasted in the following graph:
Category Archives: Thailand
Bangkok, Aug. 30, GNA – Vice President Aliu Mahama on the second day of his official visit to Thailand on Wednesday announced plans by Ghana to establish a Trade Centre in the Asian country. He said Thailand had already shown the way by establishing a Centre in Accra, adding that a close partnership between the two countries was a win-win affair.
|Thailand, Ghana and the Military “Coup Trap”|
By Benjamin M. Friedman | Monday, December 05, 2005
Only 25 years ago, per capita income in Asia and Africa was roughly the same. Fast forward to today. Asia enjoys relative political stability, while Africa’s history is marked by turmoil. Benjamin Friedman, author of “The Moral Consequences of Economic Growth,” looks at the high correlation between low per capita income and coups — and what this means for the wider world.