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After a short rebound in 2021, Malawi entered a renewed slump in 2022. Its economy is seriously weakened by a series of external shocks and severe macro-fiscal imbalances that have impacted growth and efforts at poverty reduction.
The Board of Directors of the African Development Fund (ADF) has approved a grant of USD6.12-million to help strengthen public finance governance in…
Orientation Why bother? “Why should I care about the past? The past is over. What matters is the present and the future. Besides, the only people in the history books are usually kings, generals, or politicians. I could care less about them. What do they do? Fight wars? Attend Congress? Schmooze? History is about dead […]
ORIENTATION Name me one country where socialism works When I first considered myself a socialist revolutionary in 1970, I was hounded by free marketers’ challenge: “name me one country where socialism works”. These market fundamentalists would then hold up the most strident expectations for socialism: Everyone is exactly equal with no classes. There is an abundance of goods which are conveniently circulated. Political rule is not dictatorial. All competition is banished. People are working together, collectively and creatively. The state has withered away. Anything less than this was pr...