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Conclusion

Ellen Hillbom and Jutta Bolt
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Ellen Hillbom: University of Lund
Jutta Bolt: Lund University

Chapter 7 in Botswana – A Modern Economic History, 2018, pp 211-224 from Palgrave Macmillan

Abstract: Abstract In their concluding chapter Hillbom and Bolt return to the relevance of studying Botswana as a case of natural resource-driven growth. They highlight the exceptional growth trajectory as well as the remaining challenges. They give a brief recap of the storyline in the book and then turn to presenting the most important lessons learned from the study. The takeaways are organized around the three cross-cutting approaches, that is, decompressing of history, multicausal interaction between geography/factor endowments and institutions, and the role of the state in the development process; and three themes, that is, the two growth periods, differentiation between growth and development, and long-term trends in inequality. They end the chapter with reflection on their main contribution towards writing African economic history broadly and understanding Botswana specifically.

Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palscp:978-3-319-73144-5_7

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DOI: 10.1007/978-3-319-73144-5_7

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