Article

An African Success Story: Botswana

Daron Acemoglu; Simon Johnson; James A. Robinson · In Dani Rodrik (ed.), In Search of Prosperity: Analytic Narratives on Economic Growth (Princeton University Press), pp. 80–120 · 2003

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Type: Article
Author: Daron Acemoglu; Simon Johnson; James A. Robinson
Identifier: DOI 10.1515/9781400845897-006
Accessed: 2026-09-01

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TheoryAcemoglu, Johnson and Robinson attribute Botswana's growth to institutions of private property and constraints on political elites, rooted in pre-colonial institutions, light colonial rule and the interests of a cattle-owning elite, rather than to diamonds alone.