https://www.mckinsey.com/mgi/our-research/pixels-of-progress-chapter-5
If you are interested in indices of growth globally, this McKinsey's report 👆👆👆 on growth in China and other microregions of the world will be of interest to you. Unfortunately, sub-Sahara (SSA) performed worst - no single region in SSA saw a GDP increase up to $8,300 concurrently with life expectancy over 72 years - ZERO, not Ghana, not Senegal, not Botswana, not South Africa nor Kenya or Nigeria, not even Rwanda that has seen significant growth in the last decade. I presume the life-expectancy aspect is where most SSA countries fell short.
The continent needs to do better when it comes to primary and secondary health delivery to its people. You can imagine when the majority dies before the age of 54 years - that is the case in Nigeria where life expectancy is 53 years. The region loses a lot of brains to unnecessary death because our hospitals have become undertaker houses - no doctors/poorly trained doctors, grossly understaffed medical practitioners, fewer hospital options for citizens, so, overcrowding is a norm and often many go to the hospital to pick other diseases because of overcrowding. The cost of accessing
qualitative healthcare is also a big subject. I do not see why Healthcare Insurance Companies cannot operate in these regions. Someone needs to conduct an analysis of how much these nations lose every year because experienced people die in their prime vis-à-vis providing highly subsidized qualitative healthcare to everyone. I am so sure the cost of early-premature death is more, why can't someone do something about it?
These are brains/people who die in their prime are supposed to start mentoring younger colleagues, molding their families, enjoying the fruits of their hard work, and doing great things for their country. They die because of a lack of access to good medical care. It just does not make sense.
Communism died, and capitalism survived. Capitalism is a supposed system that allows freeness in an economy - market forces in the hands of private owners control what happens to the economy with minimal influence by the state. Capitalism has produced enormous wealth in the West. There are so many millionaires and billionaires. The question is, what is the ratio of the stupendously rich and those who are just scraping by - living from pay check-to-pay check? The gap is huge between the rich and the poor in most capitalist states. When President Trump was going to deliver his tax reform, it favored the rich with about 80% of the tax benefits going to the top 1% richest people in America. The argument was that they create jobs, they should benefit more - money is being given to those who really do not need the extra cash but those who need it the most, aids is been taken away from people who are at the bottom of the ladder because of a few who lie on their social welfare claims. I h...
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