Country Partnership Framework for the Republic of Madagascar for the Period of FY17-FY21
This Country Partnership Framework (CPF) sets out the World Bank Group’s (WBG) strategy in Madagascar for the period of FY17‐FY21. As the country has emerged from a political crisis, the CPF supports the Government’s goal of generating a higher, in...
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| Format: | Report |
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/725881498788115661/Madagascar-Country-partnership-framework-for-the-period-of-FY17-FY21 http://hdl.handle.net/10986/27568 |
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okr-10986-275682021-05-25T09:02:05Z Country Partnership Framework for the Republic of Madagascar for the Period of FY17-FY21 World Bank International Finance Corporation Multilateral Investment Guarantee Agency FRAGILE STATES FRAGILITY PERSISTENT POVERTY URBANIZATION CRISIS RECOVERY PORTFOLIO POVERTY REDUCTION SHARED PROSPERITY This Country Partnership Framework (CPF) sets out the World Bank Group’s (WBG) strategy in Madagascar for the period of FY17‐FY21. As the country has emerged from a political crisis, the CPF supports the Government’s goal of generating a higher, inclusive and sustainable growth path to reduce poverty, as presented in its 2015‐2019 National Development Plan (NDP). The expanded resources and the larger range of instruments available under IDA18 enable the WBG to support the Government in putting the country on a higher development trajectory, by investing at scale in a few areas that could unlock Madagascar’s development. Success in achieving ambitious goals, such as doubling the rate of electricity access, will hinge on the authorities’ ability to sustain reforms while addressing some of the causes of the country’s cyclical instability. The program proposed under this CPF seeks to increase the resilience of the most vulnerable people and to promote inclusive growth, while strengthening national and local institutions so as to reduce fragility. Risks to achieving those objectives continue to be substantial and will require the WBG to adopt a flexible approach. First, the nascent rebound in economic growth has not yet been felt by a large majority of the population. The depth of poverty is also such that extreme climate events could quickly reverse the small gains achieved since 2014 and fuel social tensions. Second, presidential elections are expected to take place in late 2018. They could generate a slowdown in the adoption of reforms and lead to a rise in political tensions. Recent crises have occurred around elections and thus the possibility of another crisis cannot be excluded. Finally, it remains to be seen if the Government will be able to address the roots of the country’s fragility and change the bargain between the elites and the rest of the population, including by creating a more level playing field for the private sector. These risks will require the WBG to monitor closely the country context and be ready to adapt its approach throughout the CPF period. 2017-07-13T21:20:35Z 2017-07-13T21:20:35Z 2017-05-30 Report http://documents.worldbank.org/curated/en/725881498788115661/Madagascar-Country-partnership-framework-for-the-period-of-FY17-FY21 http://hdl.handle.net/10986/27568 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Country Assistance Strategy Document Africa Madagascar |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
FRAGILE STATES FRAGILITY PERSISTENT POVERTY URBANIZATION CRISIS RECOVERY PORTFOLIO POVERTY REDUCTION SHARED PROSPERITY |
| spellingShingle |
FRAGILE STATES FRAGILITY PERSISTENT POVERTY URBANIZATION CRISIS RECOVERY PORTFOLIO POVERTY REDUCTION SHARED PROSPERITY World Bank International Finance Corporation Multilateral Investment Guarantee Agency Country Partnership Framework for the Republic of Madagascar for the Period of FY17-FY21 |
| geographic_facet |
Africa Madagascar |
| description |
This Country Partnership Framework (CPF)
sets out the World Bank Group’s (WBG) strategy in Madagascar
for the period of FY17‐FY21. As the country has emerged from
a political crisis, the CPF supports the Government’s goal
of generating a higher, inclusive and sustainable growth
path to reduce poverty, as presented in its 2015‐2019
National Development Plan (NDP). The expanded resources and
the larger range of instruments available under IDA18 enable
the WBG to support the Government in putting the country on
a higher development trajectory, by investing at scale in a
few areas that could unlock Madagascar’s development.
Success in achieving ambitious goals, such as doubling the
rate of electricity access, will hinge on the authorities’
ability to sustain reforms while addressing some of the
causes of the country’s cyclical instability. The program
proposed under this CPF seeks to increase the resilience of
the most vulnerable people and to promote inclusive growth,
while strengthening national and local institutions so as to
reduce fragility. Risks to achieving those objectives
continue to be substantial and will require the WBG to adopt
a flexible approach. First, the nascent rebound in economic
growth has not yet been felt by a large majority of the
population. The depth of poverty is also such that extreme
climate events could quickly reverse the small gains
achieved since 2014 and fuel social tensions. Second,
presidential elections are expected to take place in late
2018. They could generate a slowdown in the adoption of
reforms and lead to a rise in political tensions. Recent
crises have occurred around elections and thus the
possibility of another crisis cannot be excluded. Finally,
it remains to be seen if the Government will be able to
address the roots of the country’s fragility and change the
bargain between the elites and the rest of the population,
including by creating a more level playing field for the
private sector. These risks will require the WBG to monitor
closely the country context and be ready to adapt its
approach throughout the CPF period. |
| format |
Report |
| author |
World Bank International Finance Corporation Multilateral Investment Guarantee Agency |
| author_facet |
World Bank International Finance Corporation Multilateral Investment Guarantee Agency |
| author_sort |
World Bank |
| title |
Country Partnership Framework for the Republic of Madagascar for the Period of FY17-FY21 |
| title_short |
Country Partnership Framework for the Republic of Madagascar for the Period of FY17-FY21 |
| title_full |
Country Partnership Framework for the Republic of Madagascar for the Period of FY17-FY21 |
| title_fullStr |
Country Partnership Framework for the Republic of Madagascar for the Period of FY17-FY21 |
| title_full_unstemmed |
Country Partnership Framework for the Republic of Madagascar for the Period of FY17-FY21 |
| title_sort |
country partnership framework for the republic of madagascar for the period of fy17-fy21 |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/725881498788115661/Madagascar-Country-partnership-framework-for-the-period-of-FY17-FY21 http://hdl.handle.net/10986/27568 |
| _version_ |
1764465343189745664 |