Democracy and the feedback mechanism in Botswana

Stellenbosch Working Paper Series No. WP10/2007
 
Publication date: 2007
 
Author(s):
[protected email address] (Department of Economics, University of Stellenbosch)
 
Abstract:

No country knows what the right policy choices are because we live in a world of uncertainty. One way to improve policy choices is to ensure a good feedback mechanism. With feedback, current policy choices might be altered to ensure a better fit with prevailing circumstances. Botswana seems to be an interesting case study, where the deportation of a well-known academic placed a lid on its history of openness and public debate. This paper explores why a government respected for good management would choose to display such signs of autocracy, and how it is possible within the prevailing government institutions.

 
JEL Classification:

N17, N47, O38

Keywords:

Poverty, Botswana, Botswana government, Democracy, Feedback mechanism, Institutions

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22 February 2021
As is often the case, domestic financial markets largely ignored local developments, including a lower-than-expected January consumer inflation print, last week and were swept along by the intensification of the global reflation trade. Outside of the inflation release, the domestic data releases continued to show that there was still some recovery momentum...

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