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Malawi Economic Monitor, June 2019 : Charting a New Course

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This edition was published in June 2019. It follows eight previous editions of the MEM and is part of an ongoing series, with future editions to follow twice each year. The aim of the publication is to foster better-informed policy analysis and debate regarding the key challenges that Malawi faces in its endeavor to achieve high rates of stable, inclusive and sustainable economic growth. The MEM consists of two parts: Part 1 presents a review of recent economic developments and a macroeconomic outlook and risks. Part 2 focuses on a special topic relevant to Malawi’s development prospects." xml:lang="en"/> <meta name="DC.publisher" content="World Bank, Lilongwe, Malawi"/> <meta name="DC.relation" content="CC BY 3.0 IGO"/> <meta name="DC.rights" content="http://creativecommons.org/licenses/by/3.0/igo" scheme="DCTERMS.URI"/> <meta name="DC.subject" content="ECONOMIC GROWTH"/> <meta name="DC.subject" content="FISCAL TRENDS"/> <meta name="DC.subject" content="DEBT"/> <meta name="DC.subject" content="TOBACCO EXPORTS"/> <meta name="DC.subject" content="RISKS"/> <meta name="DC.subject" content="ECONOMIC OUTLOOK"/> <meta name="DC.subject" content="MACROECONOMIC MANAGEMENT"/> <meta name="DC.subject" content="PUBLIC SECTOR REFORM"/> <meta name="DC.subject" content="FOOD SECURITY"/> <meta name="DC.subject" content="JOB CREATION"/> <meta name="DC.subject" content="AGRICULTURAL PRODUCTIVITY"/> <meta name="DC.subject" content="SERVICE DELIVERY"/> <meta name="DC.subject" content="HUMAN CAPITAL"/> <meta name="DC.subject" content="EDUCATION QUALITY"/> <meta name="DC.subject" content="SAFETY NETS"/> <meta name="DC.subject" content="ENVIRONMENTAL DEGRADATION"/> <meta name="DC.title" content="Malawi Economic Monitor, June 2019" xml:lang="en"/> <meta name="DC.type" content="Report" xml:lang="en"/> <meta name="DC.type" content="Rapport" xml:lang="fr"/> <meta name="DC.type" content="Informe" xml:lang="es"/> <meta name="DC.relation" content="World Bank"/> <meta name="DC.title" content="Charting a New Course" xml:lang="en"/> <meta content="ECONOMIC GROWTH; FISCAL TRENDS; DEBT; TOBACCO EXPORTS; RISKS; ECONOMIC OUTLOOK; MACROECONOMIC MANAGEMENT; PUBLIC SECTOR REFORM; FOOD SECURITY; JOB CREATION; AGRICULTURAL PRODUCTIVITY; SERVICE DELIVERY; HUMAN CAPITAL; EDUCATION QUALITY; SAFETY NETS; ENVIRONMENTAL DEGRADATION; Report; Rapport; Informe" name="citation_keywords"> <meta content="Malawi Economic Monitor, June 2019" name="citation_title"> <meta content="World Bank, Lilongwe, Malawi" name="citation_publisher"> <meta content="10.1596/31929" name="citation_doi"> <meta content="World Bank" name="citation_author"> <meta content="https://openknowledge.worldbank.org/bitstream/10986/31929/1/Malawi%20Economic%20Monitor%209.pdf" name="citation_pdf_url"> <meta content="2019-06" name="citation_date"> <meta content="https://openknowledge.worldbank.org/handle/10986/31929" name="citation_abstract_html_url"> <meta property="og:image" content="https://web.archive.org/web/20220523135226im_/https://openknowledge.worldbank.org/bitstream/handle/10986/31929/Malawi%20Economic%20Monitor%209.pdf.jpg?sequence=3&amp;isAllowed=y"> <script> if (!window.DSpace) { window.DSpace = {}; 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data-dso-id="59573"></span> <div class="bitstream-link-wrapper"> <a class="bitstream-link" href="/web/20220523135226/https://openknowledge.worldbank.org/bitstream/handle/10986/31929/Malawi%20Economic%20Monitor%209.pdf?sequence=1&amp;isAllowed=y"><img class="ds-file-icon-small" src="/web/20220523135226im_/https://openknowledge.worldbank.org/themes/OKR2//images/filetype-icons/pdf.png">English PDF</a><span class="bitstream-size">1.232MB</span><span class="bitstream-stats" data-dso-type="0" data-widget-placeholder="bitstream-downloads" data-dso-id="275656"></span> </div> </div> <div class="okr-item-page-field-wrapper col-xs-6 metadata-col col-sm-12"> <h5>Published</h5> <div class="simple-item-view-other word-break">2019-06</div> </div> <div class="okr-item-page-field-wrapper metadata-col col-xs-12 col-sm-12"> <h5>Author(s)</h5> <div class="authorprofile-item-view-link"> <a href="/web/20220523135226/https://openknowledge.worldbank.org/discover?filtertype_1=author&amp;filter_relational_operator_1=equals&amp;filter_1=World+Bank&amp;rpp=10&amp;sort_by=dc.date.issued_dt&amp;order=desc">World Bank</a> </div> </div> <div class="okr-item-page-field-wrapper metadata-col col-xs-12 col-sm-12"> <h5>Metadata</h5> <p class="ds-paragraph item-view-toggle item-view-toggle-top"> <a href="/web/20220523135226/https://openknowledge.worldbank.org/handle/10986/31929?show=full">Show full item record</a> </p> </div> <div class="metadata-col col-sm-12 hidden-xs"> <script src="https://web.archive.org/web/20220523135226js_/https://d1bxh8uas1mnw7.cloudfront.net/assets/embed.js" type="text/javascript"></script><span class="altmetric-embed" data-hide-no-mentions="true" data-doi="10.1596/31929" data-badge-details="right" data-badge-type="donut"></span> </div> <div class="metadata-col col-sm-12 visible-xs altmetric-xs"> <script src="https://web.archive.org/web/20220523135226js_/https://d1bxh8uas1mnw7.cloudfront.net/assets/embed.js" type="text/javascript"></script><span class="altmetric-embed" data-hide-no-mentions="true" data-doi="10.1596/31929" data-badge-type="donut"></span> </div> </div> </div> <div class="col-sm-8"> <div class="okr-item-page-field-wrapper abstract"> <h5 class="visible-xs">Abstract</h5>The Malawi Economic Monitor (MEM) provides an analysis of economic and structural development issues in Malawi. This edition was published in June 2019. It follows eight previous editions of the MEM and is part of an ongoing series, with future editions to follow twice each year. The aim of the publication is to foster better-informed policy analysis and debate regarding the key challenges that Malawi faces in its endeavor to achieve high rates of stable, inclusive and sustainable economic growth. The MEM consists of two parts: Part 1 presents a review of recent economic developments and a macroeconomic outlook and risks. Part 2 focuses on a special topic relevant to Malawi&rsquo;s development prospects.</div> <div class="okr-item-page-field-wrapper"> <h5>Citation</h5> <div class="citation"> <span>&ldquo;World Bank. 2019. <span class="italic">Malawi Economic Monitor, June 2019 : Charting a New Course</span>. World Bank, Lilongwe, Malawi. &copy; World Bank. https://openknowledge.worldbank.org/handle/10986/31929 License: CC BY 3.0 IGO.&rdquo;</span> </div> </div> <div class="okr-item-page-field-wrapper uri"> <h5>URI</h5> <span><a href="https://web.archive.org/web/20220523135226/http://hdl.handle.net/10986/31929">http://hdl.handle.net/10986/31929</a></span> </div> <div class="okr-item-page-field-wrapper collections"> <h5>Collection(s)</h5> <h3 class="ds-list-head">This item appears in the following Collection(s)</h3> <ul class="ds-referenceSet-list"> <!-- External Metadata URL: cocoon://metadata/handle/10986/2193/mets.xml--> <li> <a href="/web/20220523135226/https://openknowledge.worldbank.org/handle/10986/2193">Economic Updates and Modeling</a> <br> </li> </ul> </div> <p class="bottomMarginSmallScreen"></p> </div> </div> </div> </div> <h2 class="ds-head related-recommended-head item-page-reference-list-title">Users also downloaded</h2> <div id="aspect_artifactbrowser_ItemViewer_div_recommended-items" class="ds-static-div"> <ul class="ds-artifact-list list-unstyled"> <!-- External Metadata URL: cocoon://metadata/handle/10986/5967/mets.xml?sections=dmdSec,fileSec&fileGrpTypes=THUMBNAIL,ORIGINAL--> <li class="ds-artifact-item odd"> <div class="item-wrapper clearfix" data-href="/handle/10986/5967"> <div class="row ds-item-summary-row"> <div class="col-sm-2 hidden-xs artifact-preview"> <div class="thumbnail artifact-preview"> <a href="/web/20220523135226/https://openknowledge.worldbank.org/handle/10986/5967" class="image-link"><img class="img-responsive" alt="Thumbnail" src="/web/20220523135226im_/https://openknowledge.worldbank.org/bitstream/handle/10986/5967/WDR%201984%20-%20English.pdf.jpg?sequence=21&amp;isAllowed=y"></a> </div> </div> <div class="col-sm-10 col-xs-12 artifact-summary"> <div class="item-metadata"> <div class="content"> <h4> <a href="/web/20220523135226/https://openknowledge.worldbank.org/handle/10986/5967" class="no-decor">World Development Report 1984</a> </h4> </div> <span class="Z3988 hidden-xs" title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&amp;rft_id=0-19-520460-3&amp;rft_id=978-0-19-520460-5&amp;rft_id=0163-5085&amp;rft_id=http%3A%2F%2Fhdl.handle.net%2F10986%2F5967&amp;rft_id=10.1596%2F0-1952-0460-3&amp;rfr_id=info%3Asid%2Fdspace.org%3Arepository&amp;rft.identifier=10.1596%2F0-1952-0460-3&amp;rft.language=en&amp;rft.name=World+Development+Report&amp;rft.link=https%3A%2F%2Fopenknowledge.worldbank.org%2Fhandle%2F10986%2F2124&amp;rft.googlescholar=yes">  </span> <div class="content author-info"> <span><a href="/web/20220523135226/https://openknowledge.worldbank.org/handle/10986/5967" class="no-decor">World Bank<span> (1984)</span></a></span> </div> <div class="artifact-info hidden-xs hidden-sm hidden-md"> <span class="short-description"><a href="/web/20220523135226/https://openknowledge.worldbank.org/handle/10986/5967" class="no-decor">Long-term needs and sustained effort are underlying themes in this year's report. 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Case numbers peaked in&#13; January and gradually subsided through April, when&#13; restrictions were ...</a></span> </div> </div> </div> </div> </div> </li> <!-- External Metadata URL: cocoon://metadata/handle/10986/26744/mets.xml?sections=dmdSec,fileSec&fileGrpTypes=THUMBNAIL,ORIGINAL--> <li class="ds-artifact-item even"> <div class="item-wrapper clearfix" data-href="/handle/10986/26744"> <div class="row ds-item-summary-row"> <div class="col-sm-2 hidden-xs artifact-preview"> <div class="thumbnail artifact-preview"> <a href="/web/20220523135226/https://openknowledge.worldbank.org/handle/10986/26744" class="image-link"><img class="img-responsive" alt="Thumbnail" src="/web/20220523135226im_/https://openknowledge.worldbank.org/bitstream/handle/10986/26744/695270WP0P12260lish0FINAL0MYCG02012.pdf.jpg?sequence=4&amp;isAllowed=y"></a> </div> </div> <div class="col-sm-10 col-xs-12 artifact-summary"> <div class="item-metadata"> <div class="content"> <h4> <a href="/web/20220523135226/https://openknowledge.worldbank.org/handle/10986/26744" class="no-decor">Taking Stock, June 2012 : An Update on Vietnam's Recent Economic Development</a> </h4> </div> <span class="Z3988 hidden-xs" title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&amp;rft_id=http%3A%2F%2Fdocuments.worldbank.org%2Fcurated%2Fen%2F440551468318006172%2FTaking-stock-an-update-on-Vietnams-recent-economic-development&amp;rft_id=http%3A%2F%2Fhdl.handle.net%2F10986%2F26744&amp;rft_id=000333038_20120605013525&amp;rft_id=16330497&amp;rft_id=69527&amp;rfr_id=info%3Asid%2Fdspace.org%3Arepository&amp;rft.identifier=000333038_20120605013525&amp;rft.identifier=16330497&amp;rft.date=2012&amp;rft.region=East+Asia+and+Pacific&amp;rft.identifier=69527&amp;rft.region=Vietnam&amp;rft.language=en&amp;rft.name=Economic+Updates+and+Modeling&amp;rft.link=https%3A%2F%2Fopenknowledge.worldbank.org%2Fhandle%2F10986%2F2193&amp;rft.googlescholar=yes">  </span> <div class="content author-info"> <span><a href="/web/20220523135226/https://openknowledge.worldbank.org/handle/10986/26744" class="no-decor">World Bank<span> (2012-06)</span></a></span> </div> <div class="artifact-info hidden-xs hidden-sm hidden-md"> <span class="short-description"><a href="/web/20220523135226/https://openknowledge.worldbank.org/handle/10986/26744" class="no-decor">The authorities' determined&#13; implementation of stabilization measures over the past year&#13; has helped to avert a macroeconomic crisis. If the&#13; deterioration of the macroeconomic environment in 2010-11&#13; was rapid, the improvement in the situation in the past&#13; twelve months has been equally swift. Regaining&#13; macroeconomic stability has been costly, but not stabilizing&#13; the economy would have led to even bigger losses. Real gross&#13; domestic product (GDP) growth has decelerated from 6.8&#13; percent in 2010 to 5.9 percent in 2011, and further to 4&#13; percent in the first quarter of 2012 as higher prices has&#13; lowered domestic demand, affecting sectors such as&#13; construction, manufacturing and utilities. Industrial&#13; production has slowed, inventory for key industrial products&#13; has accumulated, and a number of small and medium&#13; enterprises have either closed, been liquidated or&#13; temporarily suspended their ...</a></span> </div> <div class="artifact-info hidden-xs hidden-sm hidden-lg"> <span class="short-description"><a href="/web/20220523135226/https://openknowledge.worldbank.org/handle/10986/26744" class="no-decor">The authorities' determined&#13; implementation of stabilization measures over the past year&#13; has helped to avert a macroeconomic crisis. If the&#13; deterioration of the macroeconomic environment in 2010-11&#13; was rapid, the improvement in the situation in the past&#13; twelve months has been equally swift. Regaining&#13; macroeconomic stability has been costly, but not stabilizing&#13; the economy would have led to even bigger losses. Real gross&#13; domestic product (GDP) ...</a></span> </div> <div class="artifact-info hidden-md hidden-lg"> <span class="short-description"><a href="/web/20220523135226/https://openknowledge.worldbank.org/handle/10986/26744" class="no-decor">The authorities' determined&#13; implementation of stabilization measures over the past year&#13; has helped to avert a macroeconomic crisis. If the&#13; deterioration of the macroeconomic environment in 2010-11&#13; was rapid, the improvement in the situation in the past&#13; twelve months has been equally swift. Regaining&#13; macroeconomic stability has been ...</a></span> </div> </div> </div> </div> </div> </li> <!-- External Metadata URL: cocoon://metadata/handle/10986/19485/mets.xml?sections=dmdSec,fileSec&fileGrpTypes=THUMBNAIL,ORIGINAL--> <li class="ds-artifact-item odd"> <div class="item-wrapper clearfix" data-href="/handle/10986/19485"> <div class="row ds-item-summary-row"> <div class="col-sm-2 hidden-xs artifact-preview"> <div class="thumbnail artifact-preview"> <a href="/web/20220523135226/https://openknowledge.worldbank.org/handle/10986/19485" class="image-link"><img class="img-responsive" alt="Thumbnail" src="/web/20220523135226im_/https://openknowledge.worldbank.org/bitstream/handle/10986/19485/529290WP0MNG1Q10Box345586B01PUBLIC1.pdf.jpg?sequence=4&amp;isAllowed=y"></a> </div> </div> <div class="col-sm-10 col-xs-12 artifact-summary"> <div class="item-metadata"> <div class="content"> <h4> <a href="/web/20220523135226/https://openknowledge.worldbank.org/handle/10986/19485" class="no-decor">Mongolia Quarterly, June 2008</a> </h4> </div> <span class="Z3988 hidden-xs" title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&amp;rft_id=http%3A%2F%2Fdocuments.worldbank.org%2Fcurated%2Fen%2F2008%2F06%2F11727051%2Fmongolia-quarterly-june-2008&amp;rft_id=http%3A%2F%2Fhdl.handle.net%2F10986%2F19485&amp;rft_id=000333037_20100201233324&amp;rft_id=11727051&amp;rft_id=52929&amp;rfr_id=info%3Asid%2Fdspace.org%3Arepository&amp;rft.identifier=000333037_20100201233324&amp;rft.identifier=11727051&amp;rft.date=2008-06-30&amp;rft.region=East+Asia+and+Pacific&amp;rft.identifier=52929&amp;rft.region=Mongolia&amp;rft.language=en&amp;rft.name=Economic+Updates+and+Modeling&amp;rft.link=https%3A%2F%2Fopenknowledge.worldbank.org%2Fhandle%2F10986%2F2193&amp;rft.googlescholar=yes">  </span> <div class="content author-info"> <span><a href="/web/20220523135226/https://openknowledge.worldbank.org/handle/10986/19485" class="no-decor">World Bank<span> (2008-06)</span></a></span> </div> <div class="artifact-info hidden-xs hidden-sm hidden-md"> <span class="short-description"><a href="/web/20220523135226/https://openknowledge.worldbank.org/handle/10986/19485" class="no-decor">This paper includes the following&#13; headings: recent economic developments; food and oil prices:&#13; trends and policies; priorities looking forward; and special&#13; focus - pension challenges and reform options.</a></span> </div> <div class="artifact-info hidden-xs hidden-sm hidden-lg"> <span class="short-description"><a href="/web/20220523135226/https://openknowledge.worldbank.org/handle/10986/19485" class="no-decor">This paper includes the following&#13; headings: recent economic developments; food and oil prices:&#13; trends and policies; priorities looking forward; and special&#13; focus - pension challenges and reform options.</a></span> </div> <div class="artifact-info hidden-md hidden-lg"> <span class="short-description"><a href="/web/20220523135226/https://openknowledge.worldbank.org/handle/10986/19485" class="no-decor">This paper includes the following&#13; headings: recent economic developments; food and oil prices:&#13; trends and policies; priorities looking forward; and special&#13; focus - pension challenges and reform options.</a></span> </div> </div> </div> </div> </div> </li> </ul> </div> </div> <script> if (!window.DSpace) { window.DSpace = {}; } if (!window.DSpace.i18n) { window.DSpace.i18n = {}; } if (!window.DSpace.i18n.query_suggestions) { window.DSpace.i18n.query_suggestions = {}; } window.DSpace.i18n.query_suggestions["head_recent_submissions"]="New Publications in collection";window.DSpace.i18n.query_suggestions["head_item_list"]="Top results 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