Malawi
By:International Monetary Fund
Published on 1996-08-26 by International Monetary Fund

This paper describes economic developments in Malawi during the 1990s. Malawi’s economy began to deteriorate in late 1991 as a result of a series of exogenous shocks. These shocks included two major droughts, a severe weakening in the terms of trade, and a suspension of donor nonhumanitarian aid owing to concern over governance. As a consequence, the average real GDP growth fell from 6 percent a year in 1989–91 to -3 percent a year in 1992–94. Savings and investment also fell considerably.

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Book which was published by International Monetary Fund since 1996-08-26 have ISBNs, ISBN 13 Code is 9781452791050 and ISBN 10 Code is 1452791058

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