Botswana: An Example of Prudent Economic Policy and Growth
Botswana is one of a small group of countries in the contemporary era, virtually the only African country that has sustained rapid economic growth over an extended period. Over the past three decades, Botswana's real per capita income grew by...
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| Format: | Brief |
| Language: | English |
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Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2000/06/12356321/botswana-example-prudent-economic-policy-growth http://hdl.handle.net/10986/9840 |
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okr-10986-98402021-04-23T14:02:47Z Botswana: An Example of Prudent Economic Policy and Growth World Bank ACCOUNTING BASIC EDUCATION CENTRAL BANK DEVELOPMENT PLANNING DEVELOPMENT PLANS ECONOMIC GROWTH ECONOMIC POLICIES ECONOMIC POLICY EXCHANGE RATE EXCHANGE RATE POLICY FINANCIAL SECTOR FISCAL DISCIPLINE FISCAL POLICY FOREIGN EXCHANGE FOREIGN INVESTORS FORMAL SECTOR FORMAL SECTOR EMPLOYMENT GENDER BALANCE GOVERNMENT EXPENDITURE GROWTH RATE GROWTH RATES HIV HIV INFECTION HUMAN CAPITAL HUMAN DEVELOPMENT IMPROVING PRODUCTIVITY INCOME INEQUALITY INFANT INFANT MORTALITY INFECTION RATES LABOUR MARKET LIFE EXPECTANCY LIVE BIRTHS MINIMUM WAGE MODERN ECONOMIC HISTORY MONETARY POLICY NATIONAL DEVELOPMENT NON-TRADITIONAL EXPORTS PER CAPITA INCOME POLICY AREAS PRIMARY HEALTH CARE PRIMARY SCHOOL PROGRESS RATES OF GROWTH REAL INCOMES RELATIVE INCOME RENTS RURAL RESIDENTS SCHOOL ENROLMENT SECONDARY SCHOOL SEXUALLY ACTIVE SKILLED LABOUR STATE-OWNED ENTERPRISES TRADE POLICY UNEMPLOYMENT UNEMPLOYMENT RATES WAR Botswana is one of a small group of countries in the contemporary era, virtually the only African country that has sustained rapid economic growth over an extended period. Over the past three decades, Botswana's real per capita income grew by more than 7 percent per annum, which is comparable to rates of growth achieved by countries like Korea and Thailand. Remarkably, this growth, facilitated by mineral wealth, led neither to isolated enclaves nor to profligate spending. Growth continued to be high as a result of structural change within the economy as the growth in the of mining and government sectors slackened. Botswana's record in human development is equally impressive, with one important exception, HIV infection. Major emphasis has been placed on providing basic education and primary health care throughout the country. Primary school enrolment has gone from 66,100 in 1966 to 319,000 in 1995, representing an average compounded growth rate of 5.4 percent per annum. Further, in recent decades, the gender balance has consistently involved greater than 50 percent female enrollment. Meanwhile, secondary school and university enrolment, from a much lower base, both grew at double digit growth rates. 2012-08-13T09:40:23Z 2012-08-13T09:40:23Z 2000-06 http://documents.worldbank.org/curated/en/2000/06/12356321/botswana-example-prudent-economic-policy-growth http://hdl.handle.net/10986/9840 English Africa Region Findings & Good Practice Infobriefs; No. 161 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Publications & Research :: Brief Publications & Research Africa Botswana |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCOUNTING BASIC EDUCATION CENTRAL BANK DEVELOPMENT PLANNING DEVELOPMENT PLANS ECONOMIC GROWTH ECONOMIC POLICIES ECONOMIC POLICY EXCHANGE RATE EXCHANGE RATE POLICY FINANCIAL SECTOR FISCAL DISCIPLINE FISCAL POLICY FOREIGN EXCHANGE FOREIGN INVESTORS FORMAL SECTOR FORMAL SECTOR EMPLOYMENT GENDER BALANCE GOVERNMENT EXPENDITURE GROWTH RATE GROWTH RATES HIV HIV INFECTION HUMAN CAPITAL HUMAN DEVELOPMENT IMPROVING PRODUCTIVITY INCOME INEQUALITY INFANT INFANT MORTALITY INFECTION RATES LABOUR MARKET LIFE EXPECTANCY LIVE BIRTHS MINIMUM WAGE MODERN ECONOMIC HISTORY MONETARY POLICY NATIONAL DEVELOPMENT NON-TRADITIONAL EXPORTS PER CAPITA INCOME POLICY AREAS PRIMARY HEALTH CARE PRIMARY SCHOOL PROGRESS RATES OF GROWTH REAL INCOMES RELATIVE INCOME RENTS RURAL RESIDENTS SCHOOL ENROLMENT SECONDARY SCHOOL SEXUALLY ACTIVE SKILLED LABOUR STATE-OWNED ENTERPRISES TRADE POLICY UNEMPLOYMENT UNEMPLOYMENT RATES WAR |
| spellingShingle |
ACCOUNTING BASIC EDUCATION CENTRAL BANK DEVELOPMENT PLANNING DEVELOPMENT PLANS ECONOMIC GROWTH ECONOMIC POLICIES ECONOMIC POLICY EXCHANGE RATE EXCHANGE RATE POLICY FINANCIAL SECTOR FISCAL DISCIPLINE FISCAL POLICY FOREIGN EXCHANGE FOREIGN INVESTORS FORMAL SECTOR FORMAL SECTOR EMPLOYMENT GENDER BALANCE GOVERNMENT EXPENDITURE GROWTH RATE GROWTH RATES HIV HIV INFECTION HUMAN CAPITAL HUMAN DEVELOPMENT IMPROVING PRODUCTIVITY INCOME INEQUALITY INFANT INFANT MORTALITY INFECTION RATES LABOUR MARKET LIFE EXPECTANCY LIVE BIRTHS MINIMUM WAGE MODERN ECONOMIC HISTORY MONETARY POLICY NATIONAL DEVELOPMENT NON-TRADITIONAL EXPORTS PER CAPITA INCOME POLICY AREAS PRIMARY HEALTH CARE PRIMARY SCHOOL PROGRESS RATES OF GROWTH REAL INCOMES RELATIVE INCOME RENTS RURAL RESIDENTS SCHOOL ENROLMENT SECONDARY SCHOOL SEXUALLY ACTIVE SKILLED LABOUR STATE-OWNED ENTERPRISES TRADE POLICY UNEMPLOYMENT UNEMPLOYMENT RATES WAR World Bank Botswana: An Example of Prudent Economic Policy and Growth |
| geographic_facet |
Africa Botswana |
| relation |
Africa Region Findings & Good Practice Infobriefs; No. 161 |
| description |
Botswana is one of a small group of
countries in the contemporary era, virtually the only
African country that has sustained rapid economic growth
over an extended period. Over the past three decades,
Botswana's real per capita income grew by more than 7
percent per annum, which is comparable to rates of growth
achieved by countries like Korea and Thailand. Remarkably,
this growth, facilitated by mineral wealth, led neither to
isolated enclaves nor to profligate spending. Growth
continued to be high as a result of structural change within
the economy as the growth in the of mining and government
sectors slackened. Botswana's record in human
development is equally impressive, with one important
exception, HIV infection. Major emphasis has been placed on
providing basic education and primary health care throughout
the country. Primary school enrolment has gone from 66,100
in 1966 to 319,000 in 1995, representing an average
compounded growth rate of 5.4 percent per annum. Further, in
recent decades, the gender balance has consistently involved
greater than 50 percent female enrollment. Meanwhile,
secondary school and university enrolment, from a much lower
base, both grew at double digit growth rates. |
| format |
Publications & Research :: Brief |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Botswana: An Example of Prudent Economic Policy and Growth |
| title_short |
Botswana: An Example of Prudent Economic Policy and Growth |
| title_full |
Botswana: An Example of Prudent Economic Policy and Growth |
| title_fullStr |
Botswana: An Example of Prudent Economic Policy and Growth |
| title_full_unstemmed |
Botswana: An Example of Prudent Economic Policy and Growth |
| title_sort |
botswana: an example of prudent economic policy and growth |
| publisher |
Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2000/06/12356321/botswana-example-prudent-economic-policy-growth http://hdl.handle.net/10986/9840 |
| _version_ |
1764410855054639104 |