Abstract
Rosenstein-Rodan proposed that if expansionary and developmental policies have to be pursued, the small changes in fiscal and monetary policy make minor changes in economic growth. So, if a meaningful economic development is the objective carrying out Big Push is necessary for the policy makers. This hypothesis is in line with Keynesian advice that 'a somewhat comprehensive socialisation of investment is the only means of approximation to the full employment', which was adopted diligently by many economies especially in the developing world. This paper is an attempt of applying the Big Push hypothesis for the policies of Botswana. It reviews the relevant literature in early sections and summarises the argument of Big Push hypothesis. In later sections, it applies the hypothesis to Botswana case and concludes that the Big Push hypothesis has in fact made an impact on the economy's development.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Journal of Education Economics and Development
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
