Beating the resource curse : the case of Botswana (original) (raw)

Introduction 1 Chapter 2 The Resource Curse 3 Economic Explanations of the Resource Curse 4 The effect on non-boom tradable sectors and the Dutch Disease 4 Skill accumulation and the resource curse 5 The boom-sector: Low linkages with the rest of the economy 5 The Staple Trap Trajectory 6 Political Dimensions to the Resource Curse 6 Inappropriate economic management 6 Rent seeking 7 Policy Suggestions from the Literature 8 Chapter 3 The Case of Botswana 9 Development of the Mining Sector 9 Management of the Mineral Boom 10 Management of government's budget and accumulation of international reserves : Management of the exchange rate and economic diversification 13 Other Aspects of the Economy 14 Chapter 4 Conclusion 17 NoTEs 19 REFERENCES 21 Environmental Economics Series Beating the Resource Curse-The Case of Botswana FIGuREs 1. Revenue, expenditure, and development expenditure as a percent of GDP 12 2. Reserves in months of imports of goods and services 12 3. Formal employment by sector, 1989 14 TABLES 1. Comparison between Botswana and Sub-Saharan Africa for selected indicators 9 2. Contribution of the mining sector to GDP, government revenue, and export earnings in selected years 10 3. Government current revenue, expenditure, and surplus (million current pula) 11 4. Growth of output for selected groups of countries,

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