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 Periodical article |
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| Title: | Botswana's diamonds boom: was there a Dutch disease? |
| Author: | Mogotsi, Imogen |
| Year: | 2002 |
| Periodical: | South African Journal of Economics |
| Volume: | 70 |
| Issue: | 1 |
| Pages: | 128-155 |
| Language: | English |
| Geographic term: | Botswana |
| Subjects: | public expenditure exchange rates industrial development household budget economic boom |
| External link: | https://onlinelibrary.wiley.com/doi/10.1111/j.1813-6982.2002.tb00041.x/pdf |
| Abstract: | Despite claims to the contrary, this article argues the case that Botswana did suffer from Dutch disease as a result of the diamond boom of the 1980s. Evidence is a real exchange rate appreciation, the effect of which was a decline in some manufacturing industries, most notably textiles, and an associated excessive spending, both government recurrent spending, notably on civil servants' salaries, and household consumption spending. App., bibliogr., notes. |
