Economy Of Equatorial Guinea
Equatorial Guinea is a small country at the west coast of Central Africa. Despite a per capita GDP (PPP) of more than US$30,000 (CIA Factbook $50,200) which is as of 2008 the twentieth highest in the world, Equatorial Guinea ranks 121st out of 177 countries on the United Nations Human Development Index.
Read more about Economy Of Equatorial Guinea: Economy Overview, 2004 US Senate Report, In Greater Depth, Infrastructure, Energy Developments, Animal Husbandry, Fishing, Forestry
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“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“To the eyes of a miser a guinea is more beautiful than the sun, and a bag worn with the use of money has more beautiful proportions than a vine filled with grapes.”
—William Blake (1757–1827)