An African Success Story: Botswana

@article{Acemoglu2001AnAS,
  title={An African Success Story: Botswana},
  author={D. Acemoglu and Simon Johnson and James A. Robinson},
  journal={Development Economics},
  year={2001}
}
Botswana has had the highest rate of per capita growth of any country in the world in the last 35 years. This occurred despite adverse initial conditions, including minimal investment during the colonial period and high inequality. Botswana achieved this rapid development by following orthodox economic policies. How Botswana sustained these policies is a puzzle because typically in Africa, ‘good economics’ has proved not to be politically feasible. In this Paper we suggest that good policies… Expand
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