Diamonds and sustainable growth : The success story of Botswana
Numerous studies have confirmed a statistically significant negative relationship between natural resource abundance and economic growth. This has been labeled “The Resource Curse”. In this paper we try to explain why Botswana, a country heavily dependent on its diamond industry, has managed to generate sustainable growth. Economists have advanced several explanations for the negative impact of natural resources on long-term growth. This paper focuses on the following important problems: First, a boom in a natural resource can pull resources away from other sectors of the economy, thus harming... Mehr ...
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Dokumenttyp: | Student thesis |
Erscheinungsdatum: | 2006 |
Verlag/Hrsg.: |
Uppsala universitet
Nationalekonomiska institutionen |
Schlagwörter: | Botswana / Diamonds / Natural resource abundance / Resource curse / Dutch disease / Institutional quality / Economics / Nationalekonomi |
Sprache: | Englisch |
Permalink: | https://search.fid-benelux.de/Record/base-29042147 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-6353 |