01821cas a2200241 a 4500 AALejournalIMF004196 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451863987 1018-5941 BD-DhAAL BD-DhAAL Iimi, Atsushi. Did Botswana Escape from the Resource Curse? / Atsushi Iimi. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (33 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Botswana is typical of the countries that are endowed with abundant natural resources. Although it is commonly accepted that resource-rich economies tend to fail in accelerating growth, Botswana has experienced the most remarkable economic performance in the region. Using the latest cross-country data, this study empirically readdresses the question of whether resource abundance can contribute to growth. It finds that governance determines the extent to which the growth effects of resource wealth can materialize. In developing countries in particular, the quality of regulation, such as the predictability of changes of regulations, and anticorruption policies, such as transparency and accountability in the public sector, are most important for effective natural resource management and growth. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2006/138 Full text available on IMF http://elibrary.imf.org/view/journals/001/2006/138/001.2006.issue-138-en.xml IMF e-Library