Policy Impacts on Africa’s Extractive Sector: Botswana, Diamond Dependence, and Diversification in the Post-Diamond Period

Author:

Besada Hany,O’Bright Ben

Abstract

This paper investigates the topic of sustainable natural resource governance, and policy and politics thereof, in the context of Botswana. The authors endeavour to provide a preliminary justification for why Botswana, as a country of investigation, is a potential role model and a site of deep study for researchers of contemporary sustainable resource governance. This paper argues that the rest of Africa can learn from the Government of Botswana’s policies regarding multinational corporations operating in the mining sector, particularly in terms of attracting investment, but, too, Botswana could learn much from others in terms of economic diversification and linkage promotion.

Publisher

Consortium Erudit

Reference27 articles.

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2. African Union. (2011). Action Plan for the Accelerated Industrial Development of Africa. Addis Ababa: African Union.

3. Basdevant, O. (2008). Are Diamonds Forever? Using the Permanent Income Hypothesis to Analyze Botswana’s Reliance on Diamond Revenue. (IMF Working Paper WP/08/80). Washington, DC: International Monetary Fund.

4. Chen, A. Y. (2009). China’s Role in Infrastructure Development in Botswana. (Occasional Paper 44. China in Africa Project). Pretoria, South Africa: South African Institute of International Affairs. Retrieved from http://www.voltairenet.org/IMG/pdf/China_s_Role_in_Botswana.pdf

5. CIA (Central Intelligence Agency). (2015). Botswana. The World Factbook. Retrieved from https://www.cia.gov/library/publications/the-world-factbook/geos/bc.html

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1. Dynamic Estimation of a Traditional Import Demand Function for Botswana;Global Journal of Emerging Market Economies;2022-06-22

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