Bonanza and dependency in Botswana

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This article compares the recent history of economic growth in Botswana with Becker’s model of “bonanza development.” While the Becker model generally applies to Botswana, the case also manifests some areas of disagreement. “Bonanza development” in Botswana is characterized by the continuation of dependency and related social inequalities. Perhaps the Botswana experience is described best as “dependent bonanza development.”