Why Botswana Prospered
While most of Africa has been described as a political and economic disaster zone, Botswana stands out as a democracy that has achieved rapid economic growth for more than three decades. Clark Leith traces the evolution of Botswana's economic policies and democratic political systems And The forces that have shaped them since the country achieved independence in 1966.
Leith shows that other African nations endowed with resources failed to stimulate growth but Botswana prospered because of a democratic political system and economic interests that were anchored in tradition, tempered by leadership, and shaped by growing institutions.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
Accounts of Botswana agricultural allocation areas balance Bamangwato Bank of Botswana Bechuanaland Protectorate Botswana Central Statistics Botswana government Botswana's growth British capital cattle census central bank Central Statistics Office commercial banks countries customs union DeBeers democracy democratic deposits diamond dominant early economic growth effective elections elite employment ethnic exchange rate exports Figure Financial Statistics fiscal foreign exchange reserves foreign investor funds government expenditure government revenue government's growth rate growth-promoting important incentives income Independence inflation initial inputs International International Monetary Fund investment kgotla labour force land boards leadership lending loans macroeconomic major ment monetary National Accounts non-Tswana output patronage pool political population post-Independence potential problem pula rand rapid growth regime sector Seretse Khama share shock absorbers society soEs Source South Africa state-owned enterprises substantial Table tion traditional tribal territory Tswana Tswana chiefs Tswana tribes urban World Bank