01521cas a2200241 a 4500 AALejournalIMF000034 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451827910 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Malawi : Recent Economic Developments. Washington, D.C. : International Monetary Fund, 1996. 1 online resource (76 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1996/068 Full text available on IMF http://elibrary.imf.org/view/journals/002/1996/068/002.1996.issue-068-en.xml IMF e-Library