I argue that the economic success of Botswana can be explained by the historical development of its institutions which is related to the trajectory of the Tswana states over the past 200 years. These institutions created a much more stable and accountable government than elsewhere in Africa after independence with the desire and incentive to adopt good economic policies. There are two main lessons from this experience. The first is how successful an African economy can become using simple orthodox well-understood policies. The second is that successful development in Africa will be helped by a focus on the development of state institutions. Though Botswana inherited different institutions from elsewhere, it also built on these, in particular trying to create a national identity and to continually modernize and adapt institutions. There are many lessons for other African countries from these policy choices.
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Paper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Papers with number
UNU-WIDER Research Paper RP2009/40.
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Daron Acemoglu & Simon Johnson & James Robinson & Pierre Yared, 2005.
"Income and Democracy,"
NBER Working Papers
11205, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
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Acemoglu, Daron & Johnson, Simon & Robinson, James A & Yared, Pierre, 2005.
"Income and Democracy,"
CEPR Discussion Papers
5273, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Daron Acemoglu & Simon Johnson & James A. Robinson & Pierre Yared, 2008.
"Income and Democracy,"
American Economic Review,
American Economic Association, vol. 98(3), pages 808-42, June.
[Downloadable!]