One my flight back from the EU, I had the good luck to find myself seated next to a young woman from Botswana. I learn she's a student of economics (probably) returning for her sophomore year at a very selective small women's liberal arts college in Massachusetts.
As my twins are just starting college life, we had a lot to chat about in the beginning, about the cost of USA tuitions and fees, financial aid, and jobs. My wife teaches at Middlebury, and (I'll call her Mosta, a pseudonym) knew the Cameroon program my wife set up and was considering applying for next year. Mosta described her father as a retired road construction engineer, and her mother ran a nursing program at a Botswana hospital.
Botswana Africa is considered one of the most democratic and least corrupt countries in the sub-sahara, though Mosta and I quickly agreed that it was a low bar. She knew the term "resource curse". Botswana is home to diamond mining (and not much else), and reliant on raw materials contracts. She understood and agreed with my "development" theory. Nations whose path to wealth was mainly tied to being somehow related to someone with the sharpest elbows inside a bureaucracy which controlled foreign access to those raw materials. The curse of natural resources lies in the bullyboy culture within the governments who find themselves awash in cash from resource contracts but don't have much of a private sector in other home businesses.
Botswana Africa is considered one of the most democratic and least corrupt countries in the sub-sahara, though Mosta and I quickly agreed that it was a low bar. She knew the term "resource curse". Botswana is home to diamond mining (and not much else), and reliant on raw materials contracts. She understood and agreed with my "development" theory. Nations whose path to wealth was mainly tied to being somehow related to someone with the sharpest elbows inside a bureaucracy which controlled foreign access to those raw materials. The curse of natural resources lies in the bullyboy culture within the governments who find themselves awash in cash from resource contracts but don't have much of a private sector in other home businesses.