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Botswana - Prospects for export diversification in Botswana
 
Country:Botswana; Date Stored:2012/06/13
Document Date:2006/01/01Document Type:Publication
SubTopics:Transport Economics Policy & Planning; Economic Theory & Research; Free Trade; Trade Policy; Debt MarketsISBN:99912-911-7-2
Language:EnglishMajor Sector:Industry and trade
Rel. Proj ID:BW-Botswana Export Divers Dissemination -- -- P099063;Region:Africa
Report Number:69680Sub Sectors:General industry and trade sector; Agro-industry, marketing, and trade
Volume No:1 of 1  

Summary: Economic diversification is a major policy objective of the Government of Botswana and has been a key determinant of macro and microeconomic policy. Against this background the Government requested that the World Bank undertake a collaborative study with the Botswana Institute for Development Policy Analysis (BIDPA) on the constraints and opportunities for export diversification. Botswana stands out as a successful mineral exporting country in Sub-Saharan Africa. Diversifying the economy beyond Botswana's principal export - diamonds - is a major policy goal for government, but is proving difficult to achieve. This is the focus of this study. Export diversification, appears to be taking place in the form of a growth in services exports rather than a shift from diamonds to manufactured exports. As can be seen from the Action Plan, this study requires follow-up and further research on a number of fronts. As such it should not be seen as the end-point for collaboration between the World Bank, BIDPA and the Government of Botswana on this important issue. Finally, the fact that this study contains many suggestions for policy change should not detract from Botswana’s reputation as one of the most successful economies in Africa.

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