Due to Botswana's heavy reliance on diamonds, strong global demand is vital to the health of the economy. Diamond exports provide Botswana's economy with strong supplies of foreign exchange and have offered a basis for industrial development and stimulated improvements in Botswana's infrastructure.
Is Botswana a developing country?
Botswana is located at the center of Southern Africa, positioned between South Africa, Namibia, Zambia, and Zimbabwe. One of the world's poorest countries at independence in 1966, it rapidly became one of the world's development success.
Is Botswana a developmental state?
Due to a combination of exceptional economic growth and social development, Botswana has been hailed as an African developmental state.