Malawi is a member of Southern Africa Development Community (SADC). Malawi joined SADC to have easy access to SADC markets. Is it true now after over 20 years? What is the problem? This blog will provide answers but you also my dear reader.
The SADC Economic Indicators
Eight of the fifteen member countries of SADC are least developed countries (LDCs) , the rest are developing countries with South Africa being the richest economy having 59% share in the collective SADC GDP. Angola's GDP share is 18.3%, Tanzania 4.37% and for the rest their GDP share is less than 3%. Malawi's share is less than 1%.
In 2008 GNI (ppp)per capita in USD puts Seychelles, Botswana,Mauritius,South Africa, Namibia, Swaziland and Angola in that order are ahead of the rest, With their GNI PPP ranging between $19630-$4820 from highest to lowest. Malawi GNI ppp is AT $810. Source World Development Indicators (2010).
SADC countries are in a “spaghetti bowl” situation as far as RTAs are concerned by being members to more than one and overlapping regional trade arrangements. Five countries belong to Southern Africa Customs Union(SACU: South Africa, Botswana, Namibia, Lesotho, and Swaziland. Tanzania also belongs to East African Community (EAC) Customs Union and 9 countries belong to Common Market for Eastern and Southern Africa (COMESA), and these are DRC, Madagascar, Malawi, Mauritius, Seychelles, Swaziland, Zambia and Zimbabwe , which also launched a customs union in 2008.
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