Experts do not think there will be a middle class in Malawi soon
Malawi has problems of income inequality and social exclusion. Many people struggle to make ends meet, leaving little hope of a proper middle-class coming to life anytime soon.
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Malawi has problems of income inequality and social exclusion. Many people struggle to make ends meet, leaving little hope of a proper middle-class coming to life anytime soon.
In December, the London-based magazine The Economist declared Malawi to be its “country of the year 2020”. The reason for choosing Malawi was the judicial nullification of the presidential elections followed by a peaceful change of government, thereby “reviving democracy in an increasingly authoritarian world region.” Such praise is well-deserved! The new government, however, must now succeed in kickstarting economic development as well.