THINK TANK THUTO TOWARDS AN INFORMATION & ENTREPRENEURIAL ECONOMY FOR BOTSWANA, AFRICA
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BOTSWANA PARTICIPATING IN A STRATEGICALLY PLANNED AND INCLUSIVE DEVELOPMENT DYNAMIC
Botswana is a true gem of Africa. The size and shape of Texas it has grown from a cattle post country to that of a middle - emerging market economy.
For more than three decades, Botswana has had an extraordinary record of development, which can be attributed mainly to the following: democracy and good governance; international goodwill; and policy activism towards priority development. But contrary to the infamous De Beers slogan, diamonds are not forever. Leadership implemented and committed to a strong diversification policy. But the pace of diversification has been slow and five other problems - all related to the structure of the economy - have dogged Botswana's development. These are, in no particular order: inequality; unemployment; poverty; excessive dependence on the state; and a slow pace of citizen economic empowerment. All of which need to be tackled head on for the impressive gains to continue to be consolidated.
To transform itself from its current state and to continue to build on the country's past successess, Botswana must first create and sustain a development dynamic to move towards an Information and Entrepreneurial Economy. The following four elements are singled out as critical in achieving Botswana's Development Dynamic -
1. Quality Technology Rich Education and Training
2. ICT Infrastructure
3. Entrepreneurship
4. Trade and Investment
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