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1.14.2006
  The Lessons Ghana Can Teach Us All
In 1960, Ghana and South Korea had the same per capita GDP. By 1990, Ghana's per capita GDP had grown by only 2%, while South Korea's grew by 642%.

Why did Ghana make no progress in 30 years while South Korea significantly improved the living standards of its people? Because policy matters, and South Korea chose a freer, more open capitalist system and Ghana did not.

The proverbial proof is in the pudding
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