Stuck in the middle? Structural change and productivity growth in Botswana
In 1966 when Botswana gained independence, it was one of the poorest countries in the world. But by 1986, Botswana had achieved middle-income status, and in 2005, the World Bank classified it as an upper-middle-income country. The only other country to enjoy such rapid economic growth over such a lo...
| Main Authors: | , , , |
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| Format: | Book Chapter |
| Language: | Inglés |
| Published: |
International Food Policy Research Institute
2017
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/148310 |
| _version_ | 1855539813334122496 |
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| author | McCaig, Brian McMillan, Margaret S. Verduzco-Gallo, Íñigo Jefferis, Keith |
| author_browse | Jefferis, Keith McCaig, Brian McMillan, Margaret S. Verduzco-Gallo, Íñigo |
| author_facet | McCaig, Brian McMillan, Margaret S. Verduzco-Gallo, Íñigo Jefferis, Keith |
| author_sort | McCaig, Brian |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | In 1966 when Botswana gained independence, it was one of the poorest countries in the world. But by 1986, Botswana had achieved middle-income status, and in 2005, the World Bank classified it as an upper-middle-income country. The only other country to enjoy such rapid economic growth over such a long period is China—an average of 9 percent between 1968 and 2010. Botswana has also maintained democracy throughout its recent history, and this combination of economic and political success has earned it the reputation of an “African success story” (Acemoglu, Johnson, and Robinson 2002). Botswana’s rapid economic growth has nonetheless left many individuals behind. Unemployment is a major issue, particularly among the young. Income inequality is extremely high, as is poverty. As such, it is important to understand the sources of Botswana’s economic growth to better appreciate where it may come from in the future and what prospects it has for being more inclusive. |
| format | Book Chapter |
| id | CGSpace148310 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2017 |
| publishDateRange | 2017 |
| publishDateSort | 2017 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1483102025-11-06T04:16:35Z Stuck in the middle? Structural change and productivity growth in Botswana McCaig, Brian McMillan, Margaret S. Verduzco-Gallo, Íñigo Jefferis, Keith structural adjustment education trade liberalization economic growth economic development health institutions trade policies productivity In 1966 when Botswana gained independence, it was one of the poorest countries in the world. But by 1986, Botswana had achieved middle-income status, and in 2005, the World Bank classified it as an upper-middle-income country. The only other country to enjoy such rapid economic growth over such a long period is China—an average of 9 percent between 1968 and 2010. Botswana has also maintained democracy throughout its recent history, and this combination of economic and political success has earned it the reputation of an “African success story” (Acemoglu, Johnson, and Robinson 2002). Botswana’s rapid economic growth has nonetheless left many individuals behind. Unemployment is a major issue, particularly among the young. Income inequality is extremely high, as is poverty. As such, it is important to understand the sources of Botswana’s economic growth to better appreciate where it may come from in the future and what prospects it has for being more inclusive. 2017 2024-06-21T09:24:19Z 2024-06-21T09:24:19Z Book Chapter https://hdl.handle.net/10568/148310 en https://doi.org/10.2499/9780896292147 Open Access application/pdf International Food Policy Research Institute McCaig, Brian; McMillan, Margaret S.; Verduzco-Gallo, Íñigo; and Jefferis, Keith. 2017. Stuck in the middle? Structural change and productivity growth in Botswana. In Structural change, fundamentals, and growth: A framework and case studies. McMillan, Margaret S.; Rodrik, Dani; and Sepúlveda, Claudia (Eds.). Chapter 3. Pp. 125-160. Washington, DC: International Food Policy Research Institue (IFPRI). https://doi.org/10.2499/9780896292147_ch3. |
| spellingShingle | structural adjustment education trade liberalization economic growth economic development health institutions trade policies productivity McCaig, Brian McMillan, Margaret S. Verduzco-Gallo, Íñigo Jefferis, Keith Stuck in the middle? Structural change and productivity growth in Botswana |
| title | Stuck in the middle? Structural change and productivity growth in Botswana |
| title_full | Stuck in the middle? Structural change and productivity growth in Botswana |
| title_fullStr | Stuck in the middle? Structural change and productivity growth in Botswana |
| title_full_unstemmed | Stuck in the middle? Structural change and productivity growth in Botswana |
| title_short | Stuck in the middle? Structural change and productivity growth in Botswana |
| title_sort | stuck in the middle structural change and productivity growth in botswana |
| topic | structural adjustment education trade liberalization economic growth economic development health institutions trade policies productivity |
| url | https://hdl.handle.net/10568/148310 |
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