Lars Svensson, an academic at Princeton University who has recently become a deputy governor of the central bank in his native Sweden, formulates this trade-off as an equation.
"We have achieved political democracy but not yet economic democracy for all, " says Mthuli Ncube, the African Development Bank's chief economist and a native South African.
He had the good fortune to be a premier client at HSBC, and when he needed to set up accounts in Costa Rica to open Kalon, he was introduced to San Jose, Cost Rica native beauty Silene Vega Delgado, a fast-track MBA-minted executive at the bank.