POL101 11-17-11 Notes

POL101 11-17-11 Notes - POL 101 Development North South Gap...

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POL 101 11/17/11 Development
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North South Gap: Above and below world’s average income
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Zambia and Botswana: Failure and Success
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Zambia Botswana Independence in 1964 Relatively high literacy rate Second-wealthiest nation in Africa Popularly elected government World’s best copper mines Generous foreign aid => Independence in 1966 Relatively low literacy rate One of the poorest nations Mostly desert but diamond mines Cattle is the main/only source of income Limited foreign aid =>
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Zambia Botswana Independence in 1964 Relatively high literacy rate Second-wealthiest nation in Africa Popularly elected government World’s best copper mines Generous foreign aid => One-party socialist state Nationalization of all businesses Policy of “self-sufficiency” Major tariffs -> autarky State agricultural planning State Subsidies One of the largest bureaucracies => Independence in 1966 Relatively low literacy rate One of the poorest nations Mostly desert but diamond mines Cattle is the main/only source of income Limited foreign aid => Good conditions for private business Foreign investment welcome Investment into infrastructure, education and healthcare Safari business –> tourism Nationalization is prohibited by law Property rights protection =>
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Zambia Botswana Independence in 1964 Relatively high literacy rate Second-wealthiest nation in Africa Popularly elected government World’s best copper mines Generous foreign aid => One-party socialist state Nationalization of all businesses Policy of “self-sufficiency”
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POL101 11-17-11 Notes - POL 101 Development North South Gap...

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