“Africa’s Dependency Curse: – the Case of Botswana”, Zsuzsánna Biedermann (IWE, Hungary)

Zsuzsánna Biedermann analyses the complex reasons behind the largely fruitless diversification efforts in Botswana. Many African countries abundant in non-renewable natural resources experience the harmful effects associated with the extensive role oil, mining or gas extraction plays in their economies. Even if Botswana’s initial development based on diamond mining was spectacular, there is mounting proof that the Botswana Democratic Party – the country’s governing party since independence – has been deeply intertwined with the De Beers diamond mining cartel. Development, industrialisation and diversification remains a frustrating and elusive goal for the country.

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