Why Botswana Prospered

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McGill-Queen's Press - MQUP, 2005 - Business & Economics - 156 pages
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.
 

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Contents

1 Economic and Political Record
3
The Issues
41
3 Evolution of Policies Politics and Institutions
54
4 Interpreting the Evidence
102
Total Factor Productivity Calculations
123
Notes
125
References
141
Index
151
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About the author (2005)

J. Clark Leith is professor emeritus, economics, University of Western Ontario. He is author of Ghana: Structural Adjustment Experience and has served for several years in senior advisory positions in the Botswana Ministry of Finance and Development Plann

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