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We still don't have a good word to describe what is missing in Cameroon, indeed in poor countries across the world. But we are starting to understand what it is. Some people call it 'social capital, or maybe 'trust'. Others call it 'the rule of law', or 'institutions'. But these are just labels. The problem is that Cameroon, like other poor countries, is a topsy-turvy world in which it's in most people's interest to take action that directly or indirectly damages everyone else.

Tim Harford , em The Undercover Economist
trust incentives institutions poor-country cameroon rule-of-law poor-countries social-capital

There always seem to be very rich people, no matter how poor the country,” Thenoclon said.

Andrew Ashling , em The Invisible Hands - Part 2: Castling
rich rich-people poor-countries disparity-of-wealth

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