Investment Policy Review: Botswana

United Nations Publications
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This publication is part of a series designed to help countries improve their investment policies and to promote awareness of investment opportunities by governments and the international private sector. This review of Botswana notes that it has moved from least developed country (LDC) status within one generation and is now a middle-income country. Foreign direct investment (FDI) has been a key driving force in this transformation, and although the focus of government policy is now on domestic business development to ensure economic growth and diversification, this should not be at the expense of seizing opportunities to attract additional FDI, especially in terms of managerial, technical and professional skills, hard and soft technologies, and access to export markets.
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United Nations Publications
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Published on
Dec 31, 2003
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United Nations Conference on Trade and Development
Since 2002, world economic expansion has had a strong positive impact on growth and helped support progress towards the United Nations Millennium Development Goals (MDGs). Most developing countries have benefited from this growth momentum as a result of strong demand for their exports of primary commodities and, to an increasing extent, of manufactures. However, global economic imbalances continue to pose a risk to the outlook of the world economy. Some improvements in market access, provision of debt relief and commitments by donors to substantial increases in ODA, as well as new opportunities to benefit from FDI and increasing migrants' remittances have benefited individual countries. In order for all developing countries to reach the MDGs and to reduce the large gap in living standards with the more advanced economies, the global partnership for development, stipulated in Goal 8 of the MDGs, needs to be strengthened further. Much depends on the ability of developing countries to adopt more proactive policies in support of capital formation, structural change and technological upgrading, and on the latitude available to them in light of international rules and disciplines. The Trade and Development Report 2006 offers relevant ideas and general principles for designing macroeconomic, sectoral and trade policies that can help developing countries to succeed in today's global economic environment. Particular attention is given to policies that support the creative forces of markets and the entrepreneurial dimension of investment.
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