Madagascar Economic Update, December 2016
Even though a large majority of poor households are engaged in agriculture, per capita productivity and real levels of sectoral growth remain low in Madagascar. Approximately 80 percent of the population are engaged in agriculture, which provides t...
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/857891480598522366/Madagascar-economic-update http://hdl.handle.net/10986/25745 |
| Summary: | Even though a large majority of poor
households are engaged in agriculture, per capita
productivity and real levels of sectoral growth remain low
in Madagascar. Approximately 80 percent of the population
are engaged in agriculture, which provides the main source
of income for households, albeit at subsistence levels.
Cultivation practices are based on extensification
strategies with implications for Madagascar’s fragile
natural resource base, rather than improving the
productivity of existing farms and land use. To ensure
Madagascar’s growth prospects more inclusively benefit the
entire population it will be crucial to improve the
productivity of the agriculture sector. The first part of
the this economic update has the World Bank’s assessment of
recent economic developments and the outlook over the short
to medium term in Madagascar. The second part of this update
focuses on Agriculture and Rural Development. |
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