After reading Daron Acemoglu and James Robinson’s masterpiece titled Why Nations Fail it is difficult not to appreciate the importance of good institutions. The authors are economists who won the Nobel Prize for their work on how institutions leave nations either prosperous or poor. I was triggered to reflect on the book because it also significantly covers the origins of Botswana’s success at least since independence. And it occurred to me that it is easy to be miss the forest for the trees regarding the success that Botswana was able to record in the thirty to forty years after independence.
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