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5、d be addressed to World Bank Publications,The World Bank Group,1818 H Street NW,Washington,DC 20433,USA;fax:202-522-2625;e-mail:pubrightsworldbank.org.Cover image:“Lost at Sea”by Evelyn ChisambiroCover design,interior design and typesetting:Piotr Ruczynski,London,United KingdomCONTENTSAcknowledgemen

6、ts 6Abbreviations 7Overview8 1 Global and Regional Context 13The global economy faces significant volatility,as heightened policy uncertainty adversely impacts growth prospects 13 2 Recent Economic Developments 16Malawis economy remains under significant strain,with decreasing per capita incomes and