Aspects of the Botswana Economy by J.S. Salkin - Bookswagon
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Home > Business and Economics > Economics > Macroeconomics > Aspects of the Botswana Economy: Selected Papers
Aspects of the Botswana Economy: Selected Papers

Aspects of the Botswana Economy: Selected Papers


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About the Book

Botswana's economy has always been held up as a success story which could be a model for others to follow. 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

Table of Contents:
Growth and structural transformation in Botswana, J. Clark Leith; Botswana's boom and recession experience, N. Gaolathe; policy options for savings mobilization in Botswana, A. Motsomi; savings mobilization in the household sector - the case of Botswana, Jens Reinke; the transmission mechanism of monetary policy in Botswana - through Bank of Botswana certificates, Z. Kone; fiscal policy in Botswana - challenges for public sector finance in the mid-1990s, Matthew Wright; Bank of Botswana - the first 21 years, H.C.L. Hermans; monetary independence - the contrasting strategies of Botswana and Swaziland, Charles Harvey; measures of Central Bank performance in Botswana, Jay S. Salkin; industrialization in Botswana, P.D. Siwawa-Ndai; constraints to industrial development, Dorothy Mpabanga; review of the initial objectives and rationale of FAP, Jeremy A.Peat; development of Botswana's mineral sector, Baledzi Gaolathe; banking supervision and regulations - the case of Botswana, K.S. Masalila; Botswana's somnolent giant - the public debt service fund, Mike Faber; trends in real wages and labour productivity in Botswana, W. Mandlebe; income inequality in Botswana - trends since independence, D.J. Hudson and M. Wright; poverty in Botswana, Keith Jefferis; exchange control liberalization, Keith Jefferis; Botswana's international trade policies, J. Clark Leith; the Selili-Phikwe regional development project, D. Cowan.

Review :
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'. -


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Product Details
  • ISBN-13: 9780852551592
  • Publisher: James Currey
  • Publisher Imprint: James Currey
  • Height: 300 mm
  • No of Pages: 592
  • Weight: 666 gr
  • ISBN-10: 0852551592
  • Publisher Date: 01 Jan 1998
  • Binding: Paperback
  • Language: English
  • Sub Title: Selected Papers
  • Width: 210 mm


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