Law & Governance, Political Economy, Politics & Society, ,

Liberia: The Rescue Mission’s Quixotic Quest for Chinese Capital and Economists from Heaven.

There are many reasons why Liberia is poor. Let’s start with the salary of GOL officials. The average VIP salary, as seen from Table B above, is about US $200k per annum. A lawmaker in China’s Congress will need to work for at least ten years to make one year’s salary of the average top GOL official. But it is the GOL officials that go to beg the Chinese for alms, for grants, and loans.

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