Acemoglu cited in Bloomberg on Botswana
Excerpt from Bloomberg
By Amity Slaes
“Botswana’s post-colonial leadership, particularly Seretse Khama and Quett Masire, and also its major economic elites were committed to democracy, economic development, secure property rights and fairly orthodox macroeconomic policies,” says Daron Acemoglu, the economist at the Massachusetts Institute of Technology who first called attention to Botswana’s achievement.
Daron Acemoglu is the Charles P. Kindleberger Professor of Economics.