Great article, thanks! I will be sharing this with my reading group.
A couple of minor points:
The text mentions a 6% growth spurt, but your graph says 8%
It would be great to see the graph of Malawi’s GDP go back to 1961 (rather than 1990), since you mentioned the annual growth rate has averaged just 1.4% since then (I suspect this would better portray the disappointing lack of progress in the late 20th century, too)
Thanks for this! I spent a lot of time playing around with different growth rates for the visualization and that label is a vestige of that. Appreciate you pointing it out.
World Bank data is surprisingly inconsistent and incomplete, depending on the series. They only had GDP per capita at constant int $ data going back to 1990, so I calculated the long-term growth rate using a different series, GDP per capita annual growth rate.
Great article, thanks! I will be sharing this with my reading group.
A couple of minor points:
The text mentions a 6% growth spurt, but your graph says 8%
It would be great to see the graph of Malawi’s GDP go back to 1961 (rather than 1990), since you mentioned the annual growth rate has averaged just 1.4% since then (I suspect this would better portray the disappointing lack of progress in the late 20th century, too)
Thanks for this! I spent a lot of time playing around with different growth rates for the visualization and that label is a vestige of that. Appreciate you pointing it out.
World Bank data is surprisingly inconsistent and incomplete, depending on the series. They only had GDP per capita at constant int $ data going back to 1990, so I calculated the long-term growth rate using a different series, GDP per capita annual growth rate.