Abstract
Cultural explanations of economic phenomena have recently enjoyed a renaissance among economists. This article provides further evidence for the salience of culture through an in-depth case study of one of the fastest-growing economies in the world during the last 50 years-Botswana. The unique culture that developed among the Tswana before and during the early days of colonialism, which shared many features with those of western nation-states, appears to have contributed significantly to the factors widely seen as determinants of Botswana's post-colonial economic success: state legitimacy, good governance and democracy, commercial traditions, well-established property rights, and inter-ethnic unity. Neighbouring Southern African cultures typically did not exhibit these traits.
Published Version
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