Botswana a Mono-Diamond Economy or Not?
Author(s) -
Macleans Mzumara
Publication year - 2012
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.2701658
Subject(s) - diamond , business , economy , economics , materials science , metallurgy
Botswana is a country known for being the world’s largest producer of diamonds in value. The product contributes substantially to the country’s GDP and revenues. It is the major single export of Botswana. However, diamond is a non-renewable natural resource. This article is intended to establish whether Botswana has any comparative advantage in other products other than diamonds in order to have sustainable development beyond mining of diamonds.
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