Description:
Highlights lessons from Botswana's economic history that are relevant for understanding historical as well as contemporary experiences of economic growth and (lacking) structural transformation in natural resource abundant and dependent countries
Provides an in-depth study identifying drivers of inequality taking place during the diamond-led economy
Considers consequences of colonial economic strategies including taxes and government transfers
Discusses what could happen when the diamonds run out and the window of opportunity has not been used to create sustainable economic development