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The Royal Bafokeng nation, a Case Study for the resource Curse

Resource curse literature examines the causes and consequences of natural resources on economies. Within the literature, politico-economic theories provide insight into the relationship between institutional strength, the incentives facing the political elite due to the natural resource and the pote...

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Main Author: Thompson, Louise Frances
Format: Thesis
Language:English
Published: School of Economics 2015
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access_status_str Open Access
author Thompson, Louise Frances
author_browse Thompson, Louise Frances
author_facet Thompson, Louise Frances
author_sort Thompson, Louise Frances
collection Thesis
description Resource curse literature examines the causes and consequences of natural resources on economies. Within the literature, politico-economic theories provide insight into the relationship between institutional strength, the incentives facing the political elite due to the natural resource and the potential outcome for natural resource abundant economies. This paper argues that the Bafokeng Nation of South Africa provide an unusual case study for the resource curse. The Bafokeng's institutional strength is examined and the incentives facing the elite are analysed using Dunning's model. Dunning proposes three explanatory variables to explain the incentives facing the political elite (a) Volatility of Resource Revenues, (b) Societal Opposition to State Elites and (c) Prior Development of Non-resource Sectors. The Bafokeng are examined in light of Botswana to provide a comparative analysis. The analysis is supported by a Household survey of the Bafokeng, interviews with Bafokeng members as well as literature on both the Bafokeng and Botswana. The paper concludes that the institutional strength of the Bafokeng stems from their Tswana origins (similar to that of Botswana) and the current use of traditional governance structures, as well as the external constraints provided by the South African political system. Using Dunning's model this paper predicts that there would be diversification of the economy, political stability and mixed economic and fiscal stability. This however is strengthened by the unusual position of the Bafokeng as constrained by external factors as well as the internal strength provided by the traditional governance structures.
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spelling oai:open.uct.ac.za:11427/14726 The Royal Bafokeng nation, a Case Study for the resource Curse Thompson, Louise Frances Economics Resource curse literature examines the causes and consequences of natural resources on economies. Within the literature, politico-economic theories provide insight into the relationship between institutional strength, the incentives facing the political elite due to the natural resource and the potential outcome for natural resource abundant economies. This paper argues that the Bafokeng Nation of South Africa provide an unusual case study for the resource curse. The Bafokeng's institutional strength is examined and the incentives facing the elite are analysed using Dunning's model. Dunning proposes three explanatory variables to explain the incentives facing the political elite (a) Volatility of Resource Revenues, (b) Societal Opposition to State Elites and (c) Prior Development of Non-resource Sectors. The Bafokeng are examined in light of Botswana to provide a comparative analysis. The analysis is supported by a Household survey of the Bafokeng, interviews with Bafokeng members as well as literature on both the Bafokeng and Botswana. The paper concludes that the institutional strength of the Bafokeng stems from their Tswana origins (similar to that of Botswana) and the current use of traditional governance structures, as well as the external constraints provided by the South African political system. Using Dunning's model this paper predicts that there would be diversification of the economy, political stability and mixed economic and fiscal stability. This however is strengthened by the unusual position of the Bafokeng as constrained by external factors as well as the internal strength provided by the traditional governance structures. 2015-11-08T05:01:43Z 2015-11-08T05:01:43Z 2010 Master Thesis Masters MEcon http://hdl.handle.net/11427/14726 eng application/pdf School of Economics Faculty of Commerce University of Cape Town
spellingShingle Economics
Thompson, Louise Frances
The Royal Bafokeng nation, a Case Study for the resource Curse
thesis_degree_str Master's
title The Royal Bafokeng nation, a Case Study for the resource Curse
title_full The Royal Bafokeng nation, a Case Study for the resource Curse
title_fullStr The Royal Bafokeng nation, a Case Study for the resource Curse
title_full_unstemmed The Royal Bafokeng nation, a Case Study for the resource Curse
title_short The Royal Bafokeng nation, a Case Study for the resource Curse
title_sort royal bafokeng nation a case study for the resource curse
topic Economics
url http://hdl.handle.net/11427/14726
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