Why is Botswana often cited as a successful model for diamond governance, and what institutional features support this?

Why is Botswana often cited as a successful model for diamond governance, and what institutional features support this?

• A. Botswana's governance of diamond revenues through stable institutions, joint ventures (e.g., Debswana), prudent fiscal management, and investment in public services supported development.
• B. Botswana nationalized all diamond mines with no revenue management and minimal public services.
• C. Botswana banned diamond mining entirely.
• D. Botswana relies on a single private company with no governance framework.

Answer: (B)