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Botswana's inclusive institutions fueled its economic success from "summary" of Why Nations Fail by Daron Acemoglu,James A. Robinson
In Botswana, the presence of inclusive institutions has played a crucial role in driving economic success. These institutions have created a level playing field for individuals and businesses, allowing for competition and innovation to flourish. As a result, Botswana has been able to attract investment and foster economic growth in a sustainable manner. One of the key aspects of Botswana's inclusive institutions is the presence of secure property rights. This has given individuals the confidence to invest in their businesses and properties, knowing that their assets are protected. As a result, entrepreneurship has thrived in Botswana, leading to the creation o...
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