Prospects for Export Diversification in Botswana PDF Download
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Author: Elwyn Grainger-Jones
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 180
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Book Description
Author: Elwyn Grainger-Jones
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 180
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Book Description
Author: Imogen Mogotsi
Publisher: African Books Collective
ISBN: 9991642838
Category : Social Science
Languages : en
Pages : 328
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Book Description
Botswana is a major producer of the world’s diamonds and has been a pacesetter for beneficiation in the country. All mineral resources are finite: Botswana is working towards diversifying the economy before the diamonds run out. As one of the most stable and prosperous countries in Africa, Botswana sets an example to follow. This book gives a practical review of topical issues and the roles of government, the private sector, economic institutions and the international community in driving economic diversification. It highlights challenges faced by many small open economies in Africa as they search for new engines of growth.
Author: Botswana Institute for Development Policy Analysis
Publisher:
ISBN:
Category : Botswana
Languages : en
Pages : 121
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Author: Basipo Madandume
Publisher:
ISBN:
Category :
Languages : en
Pages : 68
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Author: Tebogo B. Seleka
Publisher:
ISBN:
Category : Technology & Engineering
Languages : en
Pages : 32
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Author: International Finance Corporation
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Diamonds have been at the center of Botswana's growth miracle for decade - but the urgency to diversify is stronger than ever. Although Botswana's economy has undergone transformation over the past decades, the shift has been largely into non-tradable services, with limited gains in employment, income equality, and export diversification. In addition, Botswana's high vulnerability to climate change, which affects all major sectors of the economy, underscores the need to strengthen Botswana's response to climate factors as a basis for renewed, sustainable growth. A positive growth outlook and steps taken as part of the Coronavirus disease 2019 (COVID-19) crisis response should give the government new impetus to accelerate reforms. Success in diversifying the economy will depend on the decisive implementation of structural measures to increase private sector participation in nonmineral exports and transformative sectors. The dominant role that the government of Botswana still plays in large parts of the economy, particularly through its footprint as a shareholder in companies in the corporate sector, is a critical constraint that inhibits the entry and success of private sector participants. Gaps in infrastructure, access to finance, and skills are additional key constraints to employment and productivity growth. A coordinated approach to financing entrepreneurship and policies to increase uptake of digital finance can help close the gap. Trade barriers are another key cross-cutting constraint for the private sector, and a greener path for the economy can be unlocked by facilitating improved trade in environmental goods and services (EGS). Three key recommendations for the energy sector are as follows. The first recommendation is the fast tracking of instruments to facilitate investment in energy infrastructure development, including independent power producer (IPP) licensing, and procurement guidelines and processes. The second recommendation is the enhancement of the institutional capacity and governance model of the Botswana Energy Regulatory Authority (BERA). The third recommendation is the development of credit-enhancement and risk-mitigation strategies and supporting instruments to attract and mobilize private sector investment.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 62
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Book Description
Author: Tebogo B. Seleka
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 40
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Author: UNIDO. Regional and Country Studies Branch
Publisher:
ISBN:
Category :
Languages : en
Pages : 62
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Book Description
Author: Ellen Hillbom
Publisher: Springer
ISBN: 3319731440
Category : Business & Economics
Languages : en
Pages : 244
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Book Description
Together with Mauritius, Botswana is often categorized as one of two growth miracles in sub-Saharan Africa. Due to its spectacular long-run economic performance and impressive social development, it has been termed both an economic success story and a developmental state. While there is uniqueness in the Botswana experience, several aspects of the country’s opportunities and challenges are of a more general nature. Throughout its history, Botswana has been both blessed and hindered by its natural resource abundance and dependency, which have influenced growth periods, opportunities for economic diversification, strategies for sustainable economic and social development, and the distribution of incomes and opportunities. Through a political economy framework, Hillbom and Bolt provide an updated understanding of an African success story, covering the period from the mid-19th century, when the Tswana groups settled, to the present day. Understanding the interaction over time between geography and factor endowments on the one hand, and the development of economic and political institutions on the other, offers principle lessons from Botswana’s experience to other natural resource rich developing countries.
