The essay 'draws parallels between' the lives of the two presidents. [=describes ways in which the lives of the two presidents were similar]
This period of growth has 'no parallel' [=there has never been a similar period of growth] in the history of the region.
Nothing 'parallels' that experience. [=that experience is unlike any other experience; it is unique]
(..) Port. Order. Your right shoulder. Square these weapons away. My Corps' arms should be parallel to the.... The deadliest weapon in the world... ...is a Marine and his rifle. It is your killer instinct which must be harnessed... ...if you eXpect to survive in combat. (..)1987 Full Metal Jacket