Documenting the success of the emerging Botswanian economy, this volume of papers provides research, analysis and statistical updates which should be of use to other economies throughout Africa and the Third World.
Botswana: Lentswe La Lesedi
Reviews
The economy of Botswana is a success story, one founded upon a combination of good luck and good judgement. It is also founded upon a paradox, for though Botswana is a capitalist economy, it is a very planned capitalist economy. Government policy towards the economy is also backed by government action in the economy through carefully planned developmental initiatives and the level of government resources as manifest in its control over huge foreign exchange reserves. It is an economic success based upon windfall incomes from mineral booms but, unlike Nigeria, which also received windfall incomes, the Botswana authorities, aware of the potential instability of such windfalls, resisted any temptations to go on a spending spree ... This book is a welcome addition to the literature on economic development in sub-Saharan Africa's success story. Perhaps Botswana should be considered to be sub-Saharan Africa's very own 'developmental state'. - Willie Henderson in AFRICAN AFFAIRS
Details
First Published: 01 Jan 1998
13 Digit ISBN: 9780852551592
Pages: 592
Size: 30 x 21
Binding: Paperback
Imprint: James Currey
Subject:
African StudiesBIC Class: GTB
Details updated on 04 Feb 2012
