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Escaping The Resource Curse: The Sources Of Institutional Quality In Botswana, Angela Gapa
Escaping The Resource Curse: The Sources Of Institutional Quality In Botswana, Angela Gapa
FIU Electronic Theses and Dissertations
Botswana has recently garnered analytic attention as an anomaly of the “resource curse” phenomenon. Worldwide, countries whose economies are highly skewed towards a dependence on the export of non-renewable natural resources such as oil, diamonds and uranium, have been among the most troubled, authoritarian, poverty-stricken and conflict-prone; a phenomenon widely regarded as the “resource curse". The resource curse explains the varying fortunes of countries based on their resource wealth, with resource-rich countries faring much worse than their resource-poor counterparts. However, Botswana, with diamond exports accounting for 50percent of government revenues and 80percent of total exports, has achieved one of the …