Tropical economic miracles

Research output: Contribution to journalArticlepeer-review


During the second half of the last century Botswana and Singapore experienced an unparalleled economic performance among the Tropical countries. This paper explores and describes the main economic and institutional causes behind the rapid economic development observed in these two economies. The quality of institutions -inherited from the precolonial times and the British rule-, the appropriate integration into the world markets, and the political stability -achieved by their single ruling parties-, played a significant role in the "miracles" of Botswana and Singapore.

Translated title of the contributionMilagros económicos tropicales
Original languageEnglish (US)
Pages (from-to)11-69
Number of pages59
JournalDesarrollo y Sociedad
Issue number72
StatePublished - 2013
Externally publishedYes

All Science Journal Classification (ASJC) codes

  • Development
  • Sociology and Political Science
  • Economics and Econometrics
  • Political Science and International Relations


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