Contribution to Book
Botswana—Fiscal Policy Practices in a Natural Resource-Rich EconomyMacroeconomic policy frameworks for resource-rich developing countries - Background Paper 1 - Supplement 1 (2012)
Botswana’s management of its mineral revenues has been justly acclaimed. Commentators have lauded Botswana’s ability to avoid the resource curse by prudently managing its mineral wealth, in the process transforming itself from one of the world’s most impoverished countries into an upper-middle-income country through five decades of virtually uninterrupted growth. Botswana has also earned a reputation for good governance, prudent macroeconomic policies, and sound management of mineral resources. This case study describes mechanisms and institutions the Government of Botswana has used to manage fiscal policy.
Publication DateAugust 24, 2012
PublisherInternational Monetary Fund
Citation InformationLamin Leigh and Rodrigo Garcia-Verdu. "Botswana—Fiscal Policy Practices in a Natural Resource-Rich Economy" Washington DCMacroeconomic policy frameworks for resource-rich developing countries - Background Paper 1 - Supplement 1 (2012)
Available at: http://works.bepress.com/rodrigo_garciaverdu/39/