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TRADE POLICY AND INDUSTRIALISATION IN …
Wadonda Consult Working Paper WC/02/02 TRADE POLICY AND INDUSTRIALISATION IN malawi : THE NEED FOR A STRATEGIC APPROACH Ephraim W. Chirwa University of malawi , Chancellor College PO Box 280, Zomba, malawi Tel/Fax: (265) 525 998 / 525 021 Email: Abstract The industrial strategy pursued in the first fifteen years of independence in malawi focused on the promotion of import substitution INDUSTRIALISATION , and promotion of agricultural exports. This strategy paid dividends and the manufacturing sector grew from 8 percent of gross domestic product in 1964 to 12 percent in 1979. However, the economic crisis that emerged in 1979 lead to a switch towards the export promotion INDUSTRIALISATION strategy embedded in the structural adjustment programs that malawi started to implement in 1981.
Wadonda Consult Working Paper WC/02/02 TRADE POLICY AND INDUSTRIALISATION IN MALAWI: THE NEED FOR A STRATEGIC APPROACH Ephraim W. Chirwa University of Malawi, Chancellor College
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