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Case
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Reference no. 9-703-027
Published by: Harvard Business Publishing
Originally published in: 2003
Version: 29 November 2005

Abstract

In the years since independence, tiny, landlocked Botswana has gone from being one of the world's poorest nations to becoming a stable, prosperous state, blessed with the highest sustained growth rate in the world. This case highlights the role that foreign direct investment (FDI) has played in this success, as well as how strong local institutions have helped to harness the benefits that the foreign investor - here, the giant De Beers company - has brought. Also, examines how Botswana was able to avoid the natural resource curse that has haunted so many other resource-abundant countries.
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1966-2003

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Abstract

In the years since independence, tiny, landlocked Botswana has gone from being one of the world's poorest nations to becoming a stable, prosperous state, blessed with the highest sustained growth rate in the world. This case highlights the role that foreign direct investment (FDI) has played in this success, as well as how strong local institutions have helped to harness the benefits that the foreign investor - here, the giant De Beers company - has brought. Also, examines how Botswana was able to avoid the natural resource curse that has haunted so many other resource-abundant countries.

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Location:
Industry:
Other setting(s):
1966-2003

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