Since independence, the tiny, landlocked Botswana has moved from being one of the poorest countries in the world to become a stable and prosperous state, assigned with the highest sustained growth rate in the world. This case highlights the role that foreign direct investment (FDI) has played in this success, as well as a strong local institutions have helped to use the benefits that foreign investors - here, the giant company De Beers - brought. Also, consider how Botswana escaped the curse of natural resources that has plagued many other resource-rich countries. "Hide
by Laura Alfaro, Vinati Dev, Faheen Allibhoy, Debora L. Spar Source: HBS Premier Case Collection 24 pages. Publication Date: March 31, 2003. Prod. #: 703027-PDF-ENG
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