Richard Davies
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“The twin camps also show how outsiders, even those with good intentions, can drive a group of people to misery when they misunderstand the human value of an economy.”
― Extreme Economies: What Life at the World's Margins Can Teach Us About Our Own Future
― Extreme Economies: What Life at the World's Margins Can Teach Us About Our Own Future
“The crash in value of Mobutu’s currency Mobutu was forced to re-denominate the currency in 1993, with the ‘new zaire’ worth 3 million old zaires; the Congolese franc, launched in the summer of 1998, was worth 100,000 new zaires, or 300 billion of the original currency. Agriculture and industry under Mobutu On Mobutu’s agricultural plans and their disastrous results, including data on crop yields and farm output, see Young and Turner (1985). On the ideas behind the grand infrastructure plans, see Young and Turner (1985). The poor performance of the Maluku mill is examined in United Nations (1989). On the ongoing discussion and politics around the grand infrastructure plans – in particular the Inga dams – see Gottschalk (2016).”
― Extreme Economies: What Life at the World's Margins Can Teach Us About Our Own Future
― Extreme Economies: What Life at the World's Margins Can Teach Us About Our Own Future
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