The small West African nation of Equatorial Guinea is designated as a high income country by the World Bank, with a GNI per capita of more than $22,000 when measured in U.S. dollars. Equatorial Guinea also has a poverty rate of more than 76%, one of the highest rates in the world. Life expectancy at birth is only 53 years, and the infant mortality rate is almost 10 percent. Do some research on Equatorial Guinea and try to explain the apparent discrepancies listed above for this high-income country.