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395 points vinnyglennon | 1 comments | | HN request time: 0s | source
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blobbers ◴[] No.43487874[source]
… this does not seem like their best use of resources.
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1. pizzly ◴[] No.43488539[source]
Need to work on both high tech and low wage opportunities at the same time. Without having high tech there will be a bigger brain drain, many people that gets educated or starts a business with higher ambitions will leave as soon as they can. Having high tech opportunities slows down the brain drain and increases the potential to create different industries that support the country. Also as there will be many first in the country such as building a satellite there will be more potential to grow for anyone wanting to enter that industry even if the current economic benefit is lower than say other countries. For instance USA can grow mostly from developing new technology and their population growth (traditionally from immigration), A country like Botswana can grow from improving their current infrastructure (education, catching up in technology etc) AND new technology and population growth. First movers will get a bigger piece of the pie an have long term benefit. This is a bit simplified but should give a picture of how this would benefit Botswana.