An Evaluation of Botswana's Economic Growth

An Evaluation of Botswana's Economic Growth

Author: Zibo Mmolawa

Publisher:

Published: 2000-06-01

Total Pages: 93

ISBN-13: 9781423537007

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This thesis examines the critical factors that contributed to Botswana's economy moving from being among the poorest in the world to be among the fastest growing economies in the world. The study was conducted by comparing Botswana's policies to those of other African countries. Unlike most former British African colonies, when Botswana became independent in 1966 it had no infrastructure in place. African countries, save for Botswana, have rarely had sustained economic growth during their independence era. The methodology used in this thesis consisted of an analytical assessment of literature and critical synthesis of a model of economic growth relevant to Botswana. Throughout the research the focus is on how Botswana has differed from other African countries in approaching its economic development. The study found that because of political stability, sound management of the country's resources, timely changes to economic policies and appreciation of foreign aid Botswana was able to perform better than most African countries.


Assessing Aid

Assessing Aid

Author:

Publisher: World Bank Publications

Published: 1998

Total Pages: 164

ISBN-13: 9780195211238

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Assessing Aid determines that the effectiveness of aid is not decided by the amount received but rather the institutional and policy environment into which it is accepted. It examines how development assistance can be more effective at reducing global poverty and gives five mainrecommendations for making aid more effective: targeting financial aid to poor countries with good policies and strong economic management; providing policy-based aid to demonstrated reformers; using simpler instruments to transfer resources to countries with sound management; focusing projects oncreating and transmitting knowledge and capacity; and rethinking the internal incentives of aid agencies.


Botswana

Botswana

Author: Charles Harvey (M.A.)

Publisher:

Published: 1992

Total Pages: 36

ISBN-13: 9780903715638

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Policy Choice and Development Performance in Botswana

Policy Choice and Development Performance in Botswana

Author: Charles Harvey

Publisher:

Published: 1990

Total Pages: 0

ISBN-13: 9780333525333

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At independence in 1966 Botswana was one of the world's poorest countries: devastated by drought, dependent on Britain for half the cost of the current budget, with no capital city and only a few miles of tarred road, and only 80 students in the fifth year of secondary school. In the next twenty years Botswana had the fastest rate of economic growth of any country in the world. That was partly due to the discovery of several mines which were large in relation to the economy. This book analyses the management of mineral wealth, the extent to which economic policy also contributed to growth, and how rapid growth affected the people of Botswana, rural and urban, rich and poor.