Why Botswana Is the Fastest Growing Economy Ever
Why Botswana Is the Fastest Growing Economy Ever
Botswana is the fastest growing economy in history, But how could that possibly be the case? Why is it so fundamentally better off than all of those that surround it? and Is the miraculous growth just too good to be true?
Miraculously there appears to be a single extraordinary exception to the narrative of poverty in Africa. Straddling the…
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https://youtu.be/Ev5ebsd4SL8?si=dwRmCSxNAvQHsnFQ❤❤💪💪🇧🇼🇧🇼
Very soon to visit the country, so wanted to know a little bit about it….
The 3 Normal Zones in africa rn;
Botswana,Rwanda,and i guess one of the african country islands,cuz most of the african mainland is either in a coup,at a civil war, struggling or exploited.
They are investing in cattle , Tourism , polishment of Diamonds , Agriculture, Information Technology. In Economy sometimes it's necessary give a Time To Time. I believe in Democracy Stability of Botswana, and The High Tax of literacy of Young people. The Renewable Energy (Eolic From Winds and Solar From Sun ) and The Tourism Industry. The rest is Education, Healthy and infraestruture.
The News schollars and Expertises of Africa (Was born in Africa) Have say that Was The period after Independence that Africa Get down. Two different examples : Ghana of The Savior Nkrumah and Botswana of Mr Seretse Khama . Comparisson of both it's necessário to understand that.
What would Botswana be like with a coast
A lesson on how the presence of oil can destroy a country, or not having it – like Botswana – can be a pathway to prosperity.
Your introduction put me in a vice-grip! Very engaging well done!!
First lie is that sub Saharan Africa is the poorest place on earth. Has anyone been to Mississippi?
Why Kuwait
so basically:
discover a valuable resource before the British find it
Africa had a 2023 GDP of $8.86 trillion in local prices. By far the best place in the world to be black so long as you can afford a decent Toyota like 4% of Kenyan adults.
Great,
Good non corrupt African country, example for other Africans countries
God, I really hope that they manage to diversify their economy
Thank you. Very informative.
Botswana had true leadership that is the difference.
Honestly speaking, I don't get impressed when some poor country hits the headlines as being the fastest growing economy and such. This is because, most of this so called growth is just paper growth with little to no real improvement in an average person's average income and standard of living. Thanks to rapidly growing population, per capita income shows negligible growth. Despite reporting high gdp growth, several of these poor countries don't have any improvement in basic amenities and infrastructure, don't have any major reforms Implemented, can't stop brain drain, sees worsening social order, sees increasing corruption, sees increasing income inequality, poor social security and don't have any plans for sustaining the high growth. Average incomes of the people may increase, but the costs increase faster resulting in negligible improvement in purchasing power or savings. Increase in unexpected costs and weakening currency add further fuel to the fire. There is no improvement in the quality and variety of products and services, education, healthcare and human capital development either. A lot of these countries are destined to get stuck in the middle income trap and face resource shortages and climate change effects as well. Some of them are doomed to face some economic crisis as well. Hence, before getting overhyped about a poor country being the world's fastest growing economy, dig deeper and find out whether these underlying issues are getting solved or not. Mere GDP growth does not make a country developed. It involves solving the underlying problems mentioned above as well. For an example, people who lived in the US in the 50s or the UAE in the 80s and 90s know what real growth and development is. This real development is not experienced by people who live in these so called fast growing economies.
Actually Botswana is an upper middle country
You need a truth whipping !
#se.un✌🏻
Giving power to the state doesn't mean it would not be corrupt, I'm really happy that didn't happen.
You forgot the much longer slave trade between the Arabs and Africa
Africa one of the most dangerous zone on earth. There still slaves till today but now one ever says anything about it. Hopefully it gets more stable. Hopefully the mother land calls all it children back home.
The difference is with Botswana and it's neighbours, profit was invested in the country, not a swiss account that can be traced back to it's dictator leader.
Money from diamonds should be heavily invested into education and preferably technical education. IT, engineering etc. As a landlocked country, Botswana will never become a major manufacturing hub for the world or even Africa due to high costs of shipping. But it can be an IT hub of Africa.
Hi
Wow!❤ Botswana f
THE PEEOLE WILL NOT BE RICH ONLY THE GOVERMNTS ND THEIR FMILIES
Love this story. This shows it doesn't take anything too wild, just good moral intentions and a real pride in yourself and your people and your territory. It's like they made all the right decisions and made the most of what they had over and over until the diamond find was able to help propel things further forward. A good foundation eventually brings health
I have heard Botswana was better and more prosperous as Rhodesia.
mugabe was not a dictator, he was painted a dictator by the west,
If you want to paint anyone a dictator leave the documentaries to be made by Africans themselves
What a predictable hatchet job you produced to peddle your narrative. So all of Africa is a slum with wars genocide and no development but for Botswana? Typical extremist and downright racist yt American content.
I wish them -well.
-M.K.S. Africa can (AfriCAN).
-M.K.S.