Stuck in the middle? Structural change and productivity growth in Botswana

Loading...
Thumbnail Image

Date Issued

Date Online

Language

en

Review Status

Peer Review

Access Rights

Open Access Open Access

Usage Rights

CC-BY-NC-ND-3.0

Share

Citation

McCaig, Brian; McMillan, Margaret S.; Verduzco-Gallo, Íñigo; and Jefferis, Keith. 2017. Stuck in the middle? Structural change and productivity growth in Botswana. In Structural change, fundamentals, and growth: A framework and case studies. McMillan, Margaret S.; Rodrik, Dani; and Sepúlveda, Claudia (Eds.). Chapter 3. Pp. 125-160. Washington, DC: International Food Policy Research Institue (IFPRI). https://doi.org/10.2499/9780896292147_ch3.

Permanent link to cite or share this item

External link to download this item

Abstract/Description

In 1966 when Botswana gained independence, it was one of the poorest countries in the world. But by 1986, Botswana had achieved middle-income status, and in 2005, the World Bank classified it as an upper-middle-income country. The only other country to enjoy such rapid economic growth over such a long period is China—an average of 9 percent between 1968 and 2010. Botswana has also maintained democracy throughout its recent history, and this combination of economic and political success has earned it the reputation of an “African success story” (Acemoglu, Johnson, and Robinson 2002). Botswana’s rapid economic growth has nonetheless left many individuals behind. Unemployment is a major issue, particularly among the young. Income inequality is extremely high, as is poverty. As such, it is important to understand the sources of Botswana’s economic growth to better appreciate where it may come from in the future and what prospects it has for being more inclusive.

Author ORCID identifiers

Countries
Investors/sponsors
Related Material