Dean: Research(Acting)

Telephone   +27 31 260 7558
Fax +27 31 260 7871
Building & Room
J Block-Room  J308,3rd Floor 


The Acting Dean of Research in the College of Law and Management Studies, Professor Harold Ngalawa, holds a PhD in Economics from the University of Cape Town; a Master of Arts in Economics and a Bachelor of Social Science (majoring in Economics) from the University of Malawi; and an Advanced Diploma in Treasury Management and Trade Finance from the Banking and Financial Services Academy. He is a Certified Associate of the Institute of Bankers in South Africa and member of the Economic Society of South Africa.

Professor Ngalawa’s area of specialisation is monetary theory and practice, with particular interest in the modelling of monetary policy in low-income countries. He has also carried out extensive research on banking instability, deposit insurance and monetary policy asymmetries. He has published widely in many leading journals including Economic Modelling, Journal of Applied Economics, South African Journal of Economics, South African Journal of Economics and Management Sciences, Studies in Economics and Econometrics and the African Finance Journal. He has also presented his research findings in many countries including China, Czech Republic, Ethiopia, Hong Kong, Kenya, Netherlands, Norway, Senegal, Swaziland, Tanzania, Turkey, Uganda, United Kingdom and USA.

Associate Professor


PhD (UCT), MA (Econ) (Mlw), BSocSc (Mlw) 



Macroeconomics, Monetary Theory and Practice 

Monetary theory and practice, banking instability, deposit insurance, informal finance, monetary-fiscal policy interdependence, dynamic stochastic general equilibrium modeling, capital formation, economic growth and regional integration.


  • Ngalawa, H.P.E. (2012). Banking Instability and Deposit Insurance in Low Income Countries, Journal for Studies in Economics and Econometrics, 36(3), pp. 1-24.
  • Ngalawa, H. and Viegi, N. (2011). Dynamic Effects of Monetary Policy Shocks in Malawi, South African Journal of Economics, 79(3), pp. 224-250.
  • Chirwa, E.W. and Ngalawa, H.P.E. (2008). Determinants of Child Nutrition in Malawi. South African Journal of Economics, 76(4), pp. 628-640.
  • Tchereni, B.H.M., Ngalawa, H.P.E. and Sekhampu, T.J. (2012). Technical Efficiency of Smallholder Sugarcane farmers in Malawi: The Case of Kasinthula Cane growing Scheme, Studia Oeconomica, 59(2), pp. 3-13.

Papers Delivered:

  • Banking Instability and Deposit Insurance: The Role of Moral Hazard, Paper presented at the 13th International Conference on Finance and Banking, Ostrava, Czech republic, October 12-13, 2011.
  • Public Health Expenditure Implications of the Southern African Customs Union in BLNS Countries, Paper presented at the Amsterdam Institute for International Development, Amsterdam, The Netherlands, December 20-21, 2010.
  • Southern African Customs Union Revenue Volatility and Public Health Expenditures in BLNS Countries, Southern African Customs Union Civil Society Conference, Ezulwini, Swaziland, August 24-27, 2010.
  • Interaction of Formal and Informal Financial Markets in Quasi-Emerging Market Economies, International Economic Modelling Conference, Istanbul-Bilgi University, Istanbul, Turkey, July 7-9, 2010.
  • Interaction of Formal and Informal Financial Markets in Quasi-Emerging Market Economies, Annual DYNARE Conference, Norges Bank, Oslo, Norway, August 31-September 1, 2009.
  • Dynamic Effects of Monetary Policy Shocks in Malawi, African Economic Research Consortium Bi-Annual Conference, Intercontinental Hotel, Nairobi, Kenya, December 9-13, 2008.
  • Design, Operational Framework and Performance of Monetary Policy in Malawi: A Case of a Quasi-Emerging Market Economy, AERC Bi-Annual Conference, Imperial Beach Hotel, Entebbe, Uganda, June 2-6, 2008.


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