Hacker News new | ask | show | jobs
by seren 4334 days ago
I am not sure this is an helpful response but you have plenty of countries where a small oligarchy controls an enormous share of the GDP and most of the population is dirt poor. I can't remember the reference offhand but there was an African country where the personal budget of the head of state was something like 20 or 30% of the total state expenditure.

edit : I think it was Malawi under Banda.