Acemoglu, Daron; Johnson, Simon; Robinson, James A. - 2003
Botswana has had the highest rate of per-capita growth of any country in the world in the last 35 years. This occurred … despite adverse initial conditions, including minimal investment during the colonial period and high inequality. Botswana … achieved this rapid development by following orthodox economic policies. How Botswana sustained these policies is a puzzle …
