Acemoglu D., S. Johnson, J. Robinson, 2001, “An African Success Story: Botswana,” MIT Department of Economics Working Paper 01-37
Ministry of Local Government Lands and Housing, Social Welfare Division, 1998, Short-Term Plan of Action on Care of Orphans in Botswana, 1999-2001 (Gaborone).
Prepared by Jung Yeon Kim.
While absolute poverty is likely to have decreased since 1993 in light of Botswana’s high growth rate, the increase in the unemployment rate and the only modest decline in the Gini coefficient suggest that high levels of relative poverty exist.
Standard and Poor’s and Moody’s have both rated Botswana’s sovereign credit at A (highest in Africa).
Global Competitiveness Report, 2004 by World Economic Forum.
Prior written notice of termination must be given unless the employee is paid per day, is in the probation period, or is guilty of serious misconduct.
As a rule of thumb, when this ratio rises above 25 percent, governments risk reducing their effectiveness by squeezing nonwage expenditure for goods and services, maintenance, and capital investments.
This is common in developing countries where the number of dependents per wage earner is large, trained labor is scarce, and the standard of living is low.
“The East Asian Miracle-Economic Growth and Public Policy”, 1993, The International Bank for Reconstruction and Development, The World Bank.