Abstract
This paper argues that there has been a structural continuity in the organisation of the political economy of Malawi in the three phases of the country's evolution from colonial rule, through the one‐party era, to the current multi‐party system. The emphasis is on explaining the political centralisation of the one‐party era, its promotion of economic concentration and how that benefited a minority, principally the national political leadership. It is also argued that the reintroduction of political pluralism has not been accompanied by a rearrangement of the economic forces. Further, that the lack of a vision for future national development, combined with economic mismanagement and corruption, do not promise to bring about widespread national development. Indeed, the maintenance of democracy is not guaranteed in the face of growing social and economic inequalities.
Published Version
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