1.

Record Nr.

UNINA9910788409203321

Autore

Iimi Atsushi

Titolo

Did Botswana Escape from the Resource Curse? / / Atsushi Iimi

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

1-4623-8411-0

1-4527-4711-3

1-283-51321-8

9786613825667

1-4519-0917-9

Descrizione fisica

1 online resource (33 p.)

Collana

IMF Working Papers

Soggetti

Economic development - Botswana

Natural resources - Botswana - Management

Exports and Imports

Public Finance

Natural Resources

Agricultural and Natural Resource Economics

Environmental and Ecological Economics: General

Nonrenewable Resources and Conservation: General

Taxation, Subsidies, and Revenue: General

Empirical Studies of Trade

Trade: General

Environmental management

International economics

Public finance & taxation

Natural resources

Non-renewable resources

Resource management in revenue administration

Terms of trade

Exports

Revenue

Economic policy

nternational cooperation

Botswana

Lingua di pubblicazione

Inglese



Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"June 2006".

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. RECENT DEVELOPMENTS IN NATURAL RESOURCES AND GOVERNANCE IN BOTSWANA""; ""III. METHODOLOGY""; ""IV. EMPIRICAL RESULTS""; ""V. POLICY IMPLICATIONS""; ""VI. CONCLUSION""; ""REFERENCES""

Sommario/riassunto

Botswana is typical of the countries that are endowed with abundant natural resources. Although it is commonly accepted that resource-rich economies tend to fail in accelerating growth, Botswana has experienced the most remarkable economic performance in the region. Using the latest cross-country data, this study empirically readdresses the question of whether resource abundance can contribute to growth. It finds that governance determines the extent to which the growth effects of resource wealth can materialize. In developing countries in particular, the quality of regulation, such as the predictability of changes of regulations, and anticorruption policies, such as transparency and accountability in the public sector, are most important for effective natural resource management and growth.