Day: January 20, 2020

Academic Case Studies Useful For Answering Questions on the Natural Resource Curse

Botswana has 40% of GDP stemming from diamonds, is landlocked and has a predominantly tropical climate; all factors that by destiny could be assumed to make Botswana susceptible to the resource curse. However, it has actually sustained the highest rate of per capita growth in the world for the last 35 years (Acemoglu et al, 2002). Acemoglu et al. suggest this economic success reflects the...
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