Example of LIC - Malawi

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  • Example of a LIC - Malawi.
    • Population of 16.8 million.
    • 90% of population earn less than $2 a day.
    • People live in remote rural areas.
    • Plots of land are small and infertile.
    • 2.8 million suffer from chronic malnutrition.
    • Education standards are poor.
    • The economy depends on the export of low-value primary goods.
      • tobacco & tea.

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