--- gilbert <[EMAIL PROTECTED]> wrote: > --- In [EMAIL PROTECTED], "Rui Collaco" > <[EMAIL PROTECTED]> wrote: > Angola's growth rate > > was about 9% p.a. (something India has never > managed). > ---------------------- > True, but Rui forgot to mention that 45% of Angolas > GDP comes from > oil production and most of the rest from diamonds, > gold and forest > produce. As much as 85% of the population is > involved in subsistance > farming--poor guys. And then a comparison is sought > to be made with > Indias growth rate, inspite of the fact that Indias > poulation is > close to a hundred times Angolas! What a laugh. > And this guy blames > others for misinformation. > But this is the goanet, so I will not post anything > more about Africa. > regards, Gilbert.
The wealth in many of these countries, was in the hands of a few. During the colonial rule of the Europeans, the economy and its wealth was dominated by these ruling minorities. 95% of the local population saw none of the growth rates and development that was and is being talked about. Even today in these same countries, the distribution of wealth is disproportionate and dominated by ethnic and/or ruling minorities. -Tariq __________________________________ Do you Yahoo!? Yahoo! SiteBuilder - Free, easy-to-use web site design software http://sitebuilder.yahoo.com ########################################################################## # Send submissions for Goanet to [EMAIL PROTECTED] # # PLEASE remember to stay on-topic (related to Goa), and avoid top-posts # # More details on Goanet at http://joingoanet.shorturl.com/ # # Please keep your discussion/tone polite, to reflect respect to others # ##########################################################################
