Learning about Botswana was actually quite interesting as when the name Botswana comes up, it is referred to as a third world country instead of the fast growing developing country that it actually is. I thought the mention of the so called "Dutch Disease" was quite interesting and it shows how Botswana was smart in learning from others mistakes. In combination with that, it once again stresses the idea of how important government is in a nation's growth. Botswana's government took action in prevention of the Dutch Disease through "three key components: fiscal saving, a surplus on the current account of the balance of payments, and heavy government investment in infrastructure and human capital" and more importantly, these policies were able to limit the "erosion of domestic productivity and competitiveness that can result from the appreciation of the real exchange rates"(Lewin, 85). The key to the success of Botswana has laid in its good government and good policies. And while it is not the perfect government, it has been a government that have made significant strides in not ONLY the economy but also in social aspects such as mortality rates and health. It made me think of how, especially when our project involves improving the health of the population of Vietnam, I have to dig into the policies in a way that it can be regulated to prevent previous mistakes as well as utilized in a way that it can benefit the country not only in terms of health but other aspects like economically.
Works Cited
Lewin, Michael. (2019). Botswana's Success: Good Governance, Good Policies, and Good Luck.
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