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TitleSynthetic Gem Quality Diamonds and their Potential Impact on the Botswana Economy
AuthorGrynberg, R ; Sengwaketse, M; Motswapong, M
SubjectDiamond Industry
Date of Publication2014
PublisherBotswana Institute for Development Policy Analysis (BIDPA)
Number of Pages44 pages
LanguageEnglish
Geographical CoverageBotswana
KeywordsDiamonds, Mining, Diamonds marketing, Diamond prices
AbstractThis paper considers the development of synthetic gem quality diamonds and the potential impact on Botswana, the world’s largest producer of mined diamonds by value. The paper considers the rapid growth of CVD diamonds in the past 20 years and argues that there is reason to believe that given the market conditions prevailing in the mined gem quality diamond industry, synthetics do constitute a serious threat to the industry. There is consideration of the price decay function in light of the experience of synthetic industrial diamonds as well as the impact on mining tax revenue. There is an analysis of the various actors in the diamond industry and their response to synthetics. Policy responses to the threat of synthetics are considered in this paper
Copyright HolderBotswana Institute for Development Policy Analysis (BIDPA)
Copyright URLhttp://www.bidpa.bw
ISBN/ISSN9789996802263
Filesize1510418 MB
File FormatPDF
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