What were the causes of malawis currency troubles

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Reference no: EM131562081 , Length: 800 Words

Read the case study " currency trouble in Malawi and answer the questions below it"

What were the causes of Malawi's currency troubles?

Why did Mutharika resist IMF calls for currency devaluation? If he had lived and remained in power, what do you think would have happened to the economy of Malawi assuming that he did not change his position?

Now that the Malawi's currency has been devalued, what do you think the economic consequences will be? Is this good for the economy?

Reference no: EM131562081

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