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Conclusion

In: Botswana – A Modern Economic History

Author

Listed:
  • Ellen Hillbom

    (University of Lund)

  • Jutta Bolt

    (Lund University
    University of Groningen)

Abstract

In their concluding chapter Hillbom and Bolt return to the relevance of studying Botswana as a case of natural resource-driven growth. They highlight the exceptional growth trajectory as well as the remaining challenges. They give a brief recap of the storyline in the book and then turn to presenting the most important lessons learned from the study. The takeaways are organized around the three cross-cutting approaches, that is, decompressing of history, multicausal interaction between geography/factor endowments and institutions, and the role of the state in the development process; and three themes, that is, the two growth periods, differentiation between growth and development, and long-term trends in inequality. They end the chapter with reflection on their main contribution towards writing African economic history broadly and understanding Botswana specifically.

Suggested Citation

  • Ellen Hillbom & Jutta Bolt, 2018. "Conclusion," Palgrave Studies in Economic History, in: Botswana – A Modern Economic History, chapter 7, pages 211-224, Palgrave Macmillan.
    • Handle: RePEc:pal:palscp:978-3-319-73144-5_7
    DOI: 10.1007/978-3-319-73144-5_7
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