Economy Of Malawi
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Economy Of Malawi
The economy of Malawi is $7.522 billion by gross domestic product as of 2019, and is predominantly agricultural, with about 80% of the population living in rural areas. The landlocked country in south central Africa ranks among the world's least developed countries. In 2017, agriculture accounted for about one-third of GDP and about 80% of export revenue. The economy depends on substantial inflows of economic assistance from the IMF, the World Bank, and individual donor nations. The government faces strong challenges: to spur exports, to improve educational and health facilities, to face up to environmental problems of deforestation and erosion, and to deal with the problem of HIV/AIDS in Africa. Malawi is a least developed country according to United Nations. Agriculture Malawi's most important export crop is tobacco, which accounted for a third (30%) of export revenue in 2012. In 2000, the country was the tenth-largest producer in the world. The country's heavy reliance o ...
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Lilongwe
Lilongwe (, , ) is the capital and most populated city of the African country of Malawi. It has a population of 989,318 as of the 2018 Census, up from a population of 674,448 in 2008. In 2020 that figure was 1,122,000. The city is located in the central region of Malawi, in the district of the same name, near the borders with Mozambique and Zambia, and it is an important economic and transportation hub for central Malawi. It is named after the Lilongwe River. History Lilongwe was first set up as a boma by the local leader Njewa in 1902. It became an administrative center in 1904. In the 1920s, its location at the junction of several major roadways increased its importance as an agricultural market centre for the fertile Central Region Plateau.Roman Adrian Cybriwsky, ''Capital Cities around the World: An Encyclopedia of Geography, History, and Culture'', ABC-CLIO, USA, 2013, p. 156 As a trading post, Lilongwe was officially recognised as a town in 1947. After gaining independe ...
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United Nations Development Programme
The United Nations Development Programme (UNDP)french: Programme des Nations unies pour le développement, PNUD is a United Nations agency tasked with helping countries eliminate poverty and achieve sustainable economic growth and human development. Headquartered in New York City, it is the largest UN development aid agency, with offices in 170 countries. The UNDP emphasizes developing local capacity towards long-term self-sufficiency and prosperity. It administers projects to attract investment, technical training, and technological development, and provides experts to help build legal and political institutions and expand the private sector. The UNDP operates in 177 countries and is funded entirely by voluntary contributions from UN member states. Also, UNDP is governed by a 36-member executive board overseen by an administrator, who is third-highest ranking UN official after the Secretary-General and Deputy Secretary-General. Founding The UNDP was founded on 22 Nove ...
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United Nations
The United Nations (UN) is an intergovernmental organization whose stated purposes are to maintain international peace and international security, security, develop friendly relations among nations, achieve international cooperation, and be a centre for harmonizing the actions of nations. It is the world's largest and most familiar international organization. The UN is headquarters of the United Nations, headquartered on extraterritoriality, international territory in New York City, and has other main offices in United Nations Office at Geneva, Geneva, United Nations Office at Nairobi, Nairobi, United Nations Office at Vienna, Vienna, and Peace Palace, The Hague (home to the International Court of Justice). The UN was established after World War II with Dumbarton Oaks Conference, the aim of preventing future world wars, succeeding the League of Nations, which was characterized as ineffective. On 25 April 1945, 50 governments met in San Francisco for United Nations Conference ...
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HIV/AIDS In Africa
HIV/AIDS originated in Africa in the early 20th century and is a major public health concern and cause of death in many African countries. AIDS rates vary significantly between countries, though the majority of cases are concentrated in Southern Africa. Although the continent is home to about 15.2 percent of the world's population, more than two-thirds of the total infected worldwide – some 35 million people – were Africans, of whom 15 million have already died. Sub-Saharan Africa alone accounted for an estimated 69 percent of all people living with HIV and 70 percent of all AIDS deaths in 2011. In the countries of sub-Saharan Africa most affected, AIDS has raised death rates and lowered life expectancy among adults between the ages of 20 and 49 by about twenty years. Furthermore, the life expectancy in many parts of Africa is declining, largely as a result of the HIV/AIDS epidemic with life-expectancy in some countries reaching as low as thirty-nine years. Countries in North ...
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Erosion
Erosion is the action of surface processes (such as water flow or wind) that removes soil, rock, or dissolved material from one location on the Earth's crust, and then transports it to another location where it is deposited. Erosion is distinct from weathering which involves no movement. Removal of rock or soil as clastic sediment is referred to as ''physical'' or ''mechanical'' erosion; this contrasts with ''chemical'' erosion, where soil or rock material is removed from an area by dissolution. Eroded sediment or solutes may be transported just a few millimetres, or for thousands of kilometres. Agents of erosion include rainfall; bedrock wear in rivers; coastal erosion by the sea and waves; glacial plucking, abrasion, and scour; areal flooding; wind abrasion; groundwater processes; and mass movement processes in steep landscapes like landslides and debris flows. The rates at which such processes act control how fast a surface is eroded. Typically, physical erosion procee ...
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Deforestation
Deforestation or forest clearance is the removal of a forest or stand of trees from land that is then converted to non-forest use. Deforestation can involve conversion of forest land to farms, ranches, or urban use. The most concentrated deforestation occurs in tropical rainforests. About 31% of Earth's land surface is covered by forests at present. This is one-third less than the forest cover before the expansion of agriculture, a half of that loss occurring in the last century. Between 15 million to 18 million hectares of forest, an area the size of Bangladesh, are destroyed every year. On average 2,400 trees are cut down each minute. The Food and Agriculture Organization of the United Nations defines deforestation as the conversion of forest to other land uses (regardless of whether it is human-induced). "Deforestation" and "forest area net change" are not the same: the latter is the sum of all forest losses (deforestation) and all forest gains (forest expansion) in a gi ...
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Education In Malawi
Education in Malawi stresses academic preparation leading to access to secondary school and universities. However, few students go on to high school or university. The dropout rate is also very high particularly among primary school pupils. Primary education Primarily schools are mostly in two categories of assisted (public) and unassisted (private) schools. Villages and hamlets throughout the country have such schools. By 1970, there were approximately 2,000 primary schools for 35 percent of primary school aged youth. About 12 percent of all primary school students attended private, predominantly church run schools. Secondary school education Secondary education developed late in Malawi, because of little effort or neglect in secondary education during the colonial era. Malawi has five types of secondary schools. These include aided boarding schools, aided day schools, government boarding-secondary schools, government day secondary schools, and private secondary schools. Most s ...
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Gross Domestic Product
Gross domestic product (GDP) is a money, monetary Measurement in economics, measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator. List of countries by GDP (nominal) per capita, GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation, inflation rates of the countries; therefore, using a basis of List of countries by GDP (PPP) per capita, GDP per capita at purchasing power parity (PPP) may be more useful when comparing standard of living, living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the GDP per capita, p ...
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Malawi
Malawi (; or aláwi Tumbuka: ''Malaŵi''), officially the Republic of Malawi, is a landlocked country in Southeastern Africa that was formerly known as Nyasaland. It is bordered by Zambia to the west, Tanzania to the north and northeast, and Mozambique to the east, south and southwest. Malawi spans over and has an estimated population of 19,431,566 (as of January 2021). Malawi's capital (and largest city) is Lilongwe. Its second-largest is Blantyre, its third-largest is Mzuzu and its fourth-largest is its former capital, Zomba. The name ''Malawi'' comes from the Maravi, an old name for the Chewa people who inhabit the area. The country is nicknamed "The Warm Heart of Africa" because of the friendliness of its people. The part of Africa now known as Malawi was settled around the 10th century by migrating Bantu groups . Centuries later, in 1891, the area was colonised by the British and became a protectorate of the United Kingdom known as Nyasaland. In 1953, it became ...
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Lilongwe Market Closeup
Lilongwe (, , ) is the capital and most populated city of the African country of Malawi. It has a population of 989,318 as of the 2018 Census, up from a population of 674,448 in 2008. In 2020 that figure was 1,122,000. The city is located in the central region of Malawi, in the district of the same name, near the borders with Mozambique and Zambia, and it is an important economic and transportation hub for central Malawi. It is named after the Lilongwe River. History Lilongwe was first set up as a boma by the local leader Njewa in 1902. It became an administrative center in 1904. In the 1920s, its location at the junction of several major roadways increased its importance as an agricultural market centre for the fertile Central Region Plateau.Roman Adrian Cybriwsky, ''Capital Cities around the World: An Encyclopedia of Geography, History, and Culture'', ABC-CLIO, USA, 2013, p. 156 As a trading post, Lilongwe was officially recognised as a town in 1947. After gaining independe ...
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Ease Of Doing Business Index
The ease of doing business index was an index created jointly by Simeon Djankov, Michael Klein, and Caralee McLiesh, three leading economists at the World Bank Group. The academic research for the report was done jointly with professors Edward Glaeser, Oliver Hart, and Andrei Shleifer. Higher rankings (a low numerical value) indicated better, usually simpler, regulations for businesses and stronger protections of property rights. Empirical research funded by the World Bank to justify their work show that the economic growth effect of improving these regulations is strong. Though the first report was authored by Djankov, Klein, and McLiesh, and they continue to be listed as "founders" of the report, some sources attribute the genesis of the idea to Djankov and Gerhard Pohl. The report was discontinued by the World Bank on September 16, 2021, following the release of an independent audit of the data irregularities. The audit documented how bank leadership pressured experts to manip ...
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