| Abstract: | This paper examines the nature of Malawi's economic growth and causes and characteristics of the present economic crisis and finally some of the policy options open to the government. Malawi has been very successful in terms of growth rates, but less so in terms of overall development when the crisis hit Malawi in 1978 the immediate causes were identified as being external. But problems were aggravated by the specific nature of the Malawian 'success story'. Crop concentration on tobacco, the establishment of a plantation economy and neglect of peasant production; low educational expenditures necessitating a substantial reliance on expensive expatriate expertise. Notes, tab. |
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