Botswana has been one of the fastest growing Third World states in the second half of the last century due to the discovery of vast reserves of diamonds, which has led many scholars and politicians to conclude that Botswana is an exceptional state. Being a weak post-colonial country at the time of diamond discovery, the question arises as to how Botswana was able to harness the wealth deriving from diamond extraction and sale when it was with a multinational corporation with great power and autonomy: De Beers. In many such asymmetric configurations, multinational firms have had the upper hand. This question leads to another: why is it that the gap between the rich and the poor widened to one of the largest in the world, despite government initiatives and policies for the reallocation of diamond revenues for the benefit of everyone in society. These two questions find answers in resource dependency theory as presented by Tiziana Casciaro and Mikolaj Jan Piskorski and social dominance theory by Felicia Pratto and Jim Sidanius, respectively. These theories help to understand why Botswana's wealth, growth and growing inequalities are in fact "normal” given the structures present in the international diamond market and the social structures domestically. In conclusion, this thesis rejects the notion of Botswana's exceptionality.
|School:||The American University of Paris (France)|
|Source:||MAI 56/02M(E), Masters Abstracts International|
|Keywords:||Agency, Botswana, Economic, Exceptionality, Inequalities, Questioning|
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