Malaŵi and Madagascar
Malawi and Madagascar are poor, agricultural nations that have had very different degrees of economic success over the past quarter century. The economic ideologies of their governmental leaders have been, respectively, capitalist and socialist; and the two countries have pursued quite different strategies of economic development. This is the first book in the English language focusing on the economic systems and long-term economic policies of either country. Using the framework of the "New Political Economy," it attempts to answer three critical questions: Why have these nations chosen such different types of economic institutions and strategies of development? With what types of policies have these governments tried to realize their different goals? What has been the impact of such policies and their implementation on both economic growth and the distribution of income? The author shows clearly the linkages between agricultural policies designed to accelerate growth and the unintended widening of rural income differentials that resulted in both countries and how these relationships provided the basic mechanism underlying economic performance. The comparison of the experiences of these two nations serves not just to advance our knowledge of Africa, but also to illustrate some general forces linking poverty, equity, and growth in all developing nations.
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Background to the Economy of Malawi
Economic Growth in Malawi
Property and Production Policies
Summary and Conclusions
Foreign Trade and the Balance of Payments in Malawi
Manufacturing and Transportation in Malawi
The Government Sector in Malawi
Product and Factor Markets
The Credit Market in the Rural Sector
Summary and Conclusions
The Distribution of Income in Malawi
admarc administrative African agricultural production appear areas average annual rate balance of payments capital central chapter Chewa considerable countries crops debt decline DevPol Didier Ratsiraka domestic early enterprises estate land estate sector estimates ethnic groups exchange rate expenditures exports factor farmers farms financed foreign exchange foreign trade French governmental growth hectares higher impact important income differentials increase independence indirect taxes industrial inputs investment labor land Lilongwe loans maize major Malagasy franc Malagasy government Malawi and Madagascar Malawi government Malawian manufacturing ment Merina Ministere modern sector Mozambique nations Nyasaland parastatals percent percentage period political population population density problems profits projects Pryor ratio Region relatively rice roughly rural sector share smallholder sector statistics tariffs taxes tenure terms of trade tion Toamasina transportation Tsiranana Unweighted average urban sector various wages workers World Bank