Why Malawi stayed poor while Rwanda grew: The puzzle of economic development
By
alphabetatango
Crisp on the outside, thoughtful on the inside. A keeper.
Summary
The article examines why Malawi remains poor despite having been better off than post-genocide Rwanda in 1994, while Rwanda has since experienced dramatic economic growth. It challenges simplistic explanations for poverty and explores the complex, often unknown factors behind economic development disparities between countries.
Key quotes
· 3 pulledIn 1994, Rwanda's GDP per capita was $5751. The country had just emerged from a genocide that killed roughly 800,000 people in 100 days.
With a GDP per capita of $976, roughly 70% higher than Rwanda's, Malawi was meaningfully better off than post-genocide Rwanda by any reasonable measure.
Thirty years later, the gap has reversed dramatically.
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