Malawi's Trade Woes: Overcoming Infrastructure Barriers and Exchange Rate Volatility for Economic Growth
The study looks at how Malawi trades with other countries by using a math model that considers factors like the size of economies, distance between countries, and exchange rate stability. They found that Malawi's trade is influenced positively by big economies and being part of regional groups, but negatively by distance and exchange rate changes. This suggests that to boost trade, Malawi should reduce trade barriers, improve infrastructure, trade more with neighbors, and promote stability in global trade.