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Botswana - A Modern Economic History - An African Diamond in the Rough (Hardcover, 1st ed. 2018)
Loot Price: R3,509
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Botswana - A Modern Economic History - An African Diamond in the Rough (Hardcover, 1st ed. 2018)
Series: Palgrave Studies in Economic History
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Together with Mauritius, Botswana is often categorized as one of
two growth miracles in sub-Saharan Africa. Due to its spectacular
long-run economic performance and impressive social development, it
has been termed both an economic success story and a developmental
state. While there is uniqueness in the Botswana experience,
several aspects of the country's opportunities and challenges are
of a more general nature. Throughout its history, Botswana has been
both blessed and hindered by its natural resource abundance and
dependency, which have influenced growth periods, opportunities for
economic diversification, strategies for sustainable economic and
social development, and the distribution of incomes and
opportunities. Through a political economy framework, Hillbom and
Bolt provide an updated understanding of an African success story,
covering the period from the mid-19th century, when the Tswana
groups settled, to the present day. Understanding the interaction
over time between geography and factor endowments on the one hand,
and the development of economic and political institutions on the
other, offers principle lessons from Botswana's experience to other
natural resource rich developing countries.
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