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Article: BOTSWANA LOOKS GOOD ON PAPER.(Brief Article)
- Article from:
- Market Africa Mid-East
- Article date:
- January 1, 2005
CopyrightCOPYRIGHT 2005 Media Contact Resources, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Botswana is a puzzle. Since gaining independence from the U. K. in 1966, the country's economy has been a star performer on the African continent. According to the Sunday Times (Johannesburg), Botswana's economy has grown an average of 7 percent since independence, and the forecast is that when statistics are available from 2004, it will have grown 5.4 percent.
In addition, the country is a stable democracy, and has been spared the terrible ethnic conflicts that have set back economic progress in other African countries (and, for that matter, other countries of the world). Botswana's wealth, calculated on a per capita basis, compares to that of Mexico and ...