Malawi economy under stagflation

From Face of Malawi Thu Nov 22 2012, 06:38:23

The local economy is going through a stagflation process, which is a condition of slow economic growth and relatively high unemployment accompanied by a rise in prices. Chancellor College economist Exley Silumbu, in his paper, "The Pillars for Malawi's Sustained Economic Growth: Balancing the Monetary and Fiscal Policy Instruments," says the local economy is probably [...]

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