Malawi’s Trade Policies, Market Structure and Manufacturing Performance, 1967–2002

Hopestone Chavula

Chapter 6 in Regional Integration and Trade in Africa, 2015, pp 111-124 from Palgrave Macmillan

Abstract: Abstract As was the case with most other less-developed countries in Africa, Asia and Latin America, Malawi went through periods of economic crisis during its first 15 years after independence — when the guiding policies were protectionism, import-substitution industrialization and export-led agricultural development. Nevertheless, the Malawian economy performed better during those years than later under structural adjustment programs (SAPs) or still later under trade liberalization (Njolwa, 1982; World Bank, 1989; Mulaga and Weiss, 1996; Chirwa, 2003). Despite substantial consistent early growth, Malawi’s manufacturing sector has remained small and underdeveloped, with dismal recent performance.

Keywords: Cost Margin; Structural Break; Market Structure; Trade Policy; Skilled Labor (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-46205-3_7

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DOI: 10.1057/9781137462053_7

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