Interpreting the Exceptionality of Botswana

Botswana has achieved rapid growth with stability since independence in 1966, largely through the supportive interrelations between an open market economy and a system of élite democracy, successfully blending ‘traditional’ and modern elements, and offering a range of fairly free and meaningful political choices. But growth, and the policies of a selectively interventionist state, have produced increasingly deep inequalities of property and incomes, posing problems for the stability of the political economy in future.