Poverty and Mass Unemployment in Mineralrich Botswana
Robert L. Curry
American Journal of Economics and Sociology, 1987, vol. 46, issue 1, 71-86
Abstract:
Abstract. The economic plight of Botswana's poor has worsened as a direct consequence of the mining sector's success. Their condition results from the process by which economic expansion and modernization has taken place. It has created an economic elite composed of a government bureaucracy and an emerging military “salariat,” and a small group of corporation officials and managers. The elite have joined white farming families as the country's largerscale land and cattle owners, purchasing land and cattle from savings out of relatively high salaries in the mining and public sectors. They have drilled boreholes for water and mechanized their farms and ranches. In effect, the elite have enjoyed access to the revenue from mining; their wealth is a product of that sector's growth, and the consequence is the emergence of a dual Botswana. One is rich, the other is poor, and the emerging clash between rich and poor could destabilize and threaten an African success story.
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:bla:ajecsc:v:46:y:1987:i:1:p:71-86
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