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Potential for Diversification? The Role of the Formal Sector in Bechuanaland Protectorate's Economy, 1900-65

Bolt, Jutta and Hillbom, Ellen LU (2015) In Economic History of Developing Regions 30(2). p.95-124
Abstract
While Botswana since independence has experienced impressive economic growth and development this progress has not been accompanied by economic diversification and endogenous growth. In this article we focus on the colonial period and investigate to what extent the formal sector of Bechuanaland Protectorate (colonial Botswana) had

the potential to constitute the basis for a diversification of the dominating cattle economy away from its dependency on exporting a single natural resource good – beef. We base our study on colonial archive sources and anthropological evidence which we use to: examine labour market structures; estimate welfare ratios and surplus; and discuss government spending. We find that the demand for skilled... (More)
While Botswana since independence has experienced impressive economic growth and development this progress has not been accompanied by economic diversification and endogenous growth. In this article we focus on the colonial period and investigate to what extent the formal sector of Bechuanaland Protectorate (colonial Botswana) had

the potential to constitute the basis for a diversification of the dominating cattle economy away from its dependency on exporting a single natural resource good – beef. We base our study on colonial archive sources and anthropological evidence which we use to: examine labour market structures; estimate welfare ratios and surplus; and discuss government spending. We find that the demand for skilled labour and human capital development was low throughout the colonial period and that the private sector generally lacked the economic strength and dynamics to develop alternative and/or complementary sectors. Further, we find no evidence of demand driven diversification, neither stemming from private sector consumption

and investments, nor from government spending on economic activities outside the cattle sector, infrastructure and human capital development. (Less)
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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
diversification, colonial legacies, Botswana
in
Economic History of Developing Regions
volume
30
issue
2
pages
95 - 124
publisher
Taylor & Francis
external identifiers
  • wos:000368742400001
ISSN
2078-0397
DOI
10.1080/20780389.2015.1066671
language
English
LU publication?
yes
id
6c9e9a16-0736-4f2d-8268-b476343fdc53 (old id 8051562)
date added to LUP
2015-10-05 11:15:35
date last changed
2016-04-15 18:22:40
@article{6c9e9a16-0736-4f2d-8268-b476343fdc53,
  abstract     = {While Botswana since independence has experienced impressive economic growth and development this progress has not been accompanied by economic diversification and endogenous growth. In this article we focus on the colonial period and investigate to what extent the formal sector of Bechuanaland Protectorate (colonial Botswana) had<br/><br>
the potential to constitute the basis for a diversification of the dominating cattle economy away from its dependency on exporting a single natural resource good – beef. We base our study on colonial archive sources and anthropological evidence which we use to: examine labour market structures; estimate welfare ratios and surplus; and discuss government spending. We find that the demand for skilled labour and human capital development was low throughout the colonial period and that the private sector generally lacked the economic strength and dynamics to develop alternative and/or complementary sectors. Further, we find no evidence of demand driven diversification, neither stemming from private sector consumption<br/><br>
and investments, nor from government spending on economic activities outside the cattle sector, infrastructure and human capital development.},
  author       = {Bolt, Jutta and Hillbom, Ellen},
  issn         = {2078-0397},
  keyword      = {diversification,colonial legacies,Botswana},
  language     = {eng},
  number       = {2},
  pages        = {95--124},
  publisher    = {Taylor & Francis},
  series       = {Economic History of Developing Regions},
  title        = {Potential for Diversification? The Role of the Formal Sector in Bechuanaland Protectorate's Economy, 1900-65},
  url          = {http://dx.doi.org/10.1080/20780389.2015.1066671},
  volume       = {30},
  year         = {2015},
}