Happy Summer—stock up and save 30% on Palgrave books, eBooks & journals! Shop now >>

Palgrave Studies in Economic History

Botswana – A Modern Economic History

An African Diamond in the Rough

Authors: Hillbom, Ellen, Bolt, Jutta

Free Preview
  • Highlights lessons from Botswana’s economic history that are relevant for understanding historical as well as contemporary experiences of economic growth and (lacking) structural transformation in natural resource abundant and dependent countries
  • Provides an in-depth study identifying drivers of inequality taking place during the diamond-led economy
  • Considers consequences of colonial economic strategies including taxes and government transfers 
  • Discusses what could happen when the diamonds run out and the window of opportunity has not been used to create sustainable economic development
see more benefits

Buy this book

eBook $99.00
price for USA (gross)
  • ISBN 978-3-319-73144-5
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $129.00
price for USA
  • ISBN 978-3-319-73143-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $129.00
price for USA
  • ISBN 978-3-030-10323-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

Together with Mauritius, Botswana is often categorized as one of two growth miracles in sub-Saharan Africa. Due to its spectacular long-run economic performance and impressive social development, it has been termed both an economic success story and a developmental state. While there is uniqueness in the Botswana experience, several aspects of the country’s opportunities and challenges are of a more general nature. Throughout its history, Botswana has been both blessed and hindered by its natural resource abundance and dependency, which have influenced growth periods, opportunities for economic diversification, strategies for sustainable economic and social development, and the distribution of incomes and opportunities.

Through a political economy framework, Hillbom and Bolt provide an updated understanding of an African success story, covering the period from the mid-19th century, when the Tswana groups settled, to the present day. Understanding the interaction over time between geography and factor endowments on the one hand, and the development of economic and political institutions on the other, offers principle lessons from Botswana’s experience to other natural resource rich developing countries. 

About the authors

Ellen Hillbom is an Associate Professor at the Department of Economic History, Lund University, Sweden. Her research focuses on Southern and Eastern Africa and addresses both historical and contemporary cases of agricultural and structural transformation, long-term inequality trends, natural resource dependency, property rights regimes governing agricultural resources, and smallholder production and commercialization.

Jutta Bolt is an Associate Professor at the Department of Economic History, Lund University, Sweden and affiliated with the University of Groningen, the Netherlands. Her research focuses on understanding long-term comparative economic development patterns, with a special focus on Africa. Current research projects include demographic developments, long-term agricultural productivity and the historical origins of present-day income inequality. In addition she works in the Maddison Project measuring long-run global economic development.

Table of contents (7 chapters)

Table of contents (7 chapters)

Buy this book

eBook $99.00
price for USA (gross)
  • ISBN 978-3-319-73144-5
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $129.00
price for USA
  • ISBN 978-3-319-73143-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $129.00
price for USA
  • ISBN 978-3-030-10323-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.

Services for this book

Loading...

Bibliographic Information

Bibliographic Information
Book Title
Botswana – A Modern Economic History
Book Subtitle
An African Diamond in the Rough
Authors
Series Title
Palgrave Studies in Economic History
Copyright
2018
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-3-319-73144-5
DOI
10.1007/978-3-319-73144-5
Hardcover ISBN
978-3-319-73143-8
Softcover ISBN
978-3-030-10323-1
Edition Number
1
Number of Pages
XV, 235
Number of Illustrations
22 b/w illustrations
Topics