Pathways to Prosperity in Rural Malawi Book Reviews
Pathways to Prosperity in Rural Malawi by Andrew Dabalen, Alejandro de la Fuente, Aparajita Goyal & Wendy Karamba Book Summary
By most accounts, rural Malawi has lacked dynamism in the past decade. Growth has been mostly volatile, in large part due to unstable macroeconomic fundamentals evidenced by high inflation, fiscal deficits, and interest rates. When rapid economic growth has materialized, the gains have not always reached the poorest. Poverty remains high and the rural poor face significant challenges in consistently securing enough food. Several factors contribute to stubbornly high rural poverty. They include a low-productivity and non-diversified agriculture, macroeconomic and recurrent climatic shocks, limited non-farm opportunities and low returns to such activities, especially for the poor, and poor performance from some of the prominent safety net programs. The Report proposes complementary policy actions that offer a possible path for a more dynamic and prosperous rural economy. The key pillars of this comprise macroeconomic stability, increased productivity in agriculture, faster urbanization, better functioning safety nets, and more inclusive financial markets. Some recommendations call for a reorientation of existing programs such as the Malawi Farm Input Subsidy Program (FISP) and the Malawi Social Action Fund Public Works Program (MASAF-PWP). Others identify promising new areas of intervention, such as the introduction of digital IDs and biometric technologies to enhance the reach of mobile banking and deepen financial inclusion. Finally, and importantly, the report recommends the scaling up of investments on girls’ secondary education to curb early child marriage and early child bearing among adolescents. This will empower women at home and work and bend the trajectory of fertility rates in rural areas in order to boost human development and reduce poverty.
Book Name | Pathways to Prosperity in Rural Malawi |
Genre | Education |
Author | Andrew Dabalen, Alejandro de la Fuente, Aparajita Goyal & Wendy Karamba |
Published | 06 July 2017, Thursday |
Language | English |
E-Book Size | 20.58 MB |
Pathways to Prosperity in Rural Malawi (Andrew Dabalen, Alejandro de la Fuente, Aparajita Goyal & Wendy Karamba) Book Reviews 2024
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Summary of Pathways to Prosperity in Rural Malawi by Andrew Dabalen, Alejandro de la Fuente, Aparajita Goyal & Wendy Karamba
The Pathways to Prosperity in Rural Malawi book written by Andrew Dabalen, Alejandro de la Fuente, Aparajita Goyal & Wendy Karamba was published on 06 July 2017, Thursday in the Education category. A total of 146 readers of the book gave the book 0 points out of 5.
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