Madagascar Economic Update : Why Has the Malagasy Economy Not Yet Collapsed?
The Madagascar's economy has suffered but not collapsed since the beginning of the political crisis in early 2009. This resistance is viewed mainly as the combination of: 1) the modest rebound in private activities due to the quasi-absence of...
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| Format: | Report |
| Language: | English en_US |
| Published: |
Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/940231468055773753/Madagascar-economic-update-why-has-the-Malagasy-economy-not-yet-collapsed http://hdl.handle.net/10986/27824 |
| Summary: | The Madagascar's economy has
suffered but not collapsed since the beginning of the
political crisis in early 2009. This resistance is viewed
mainly as the combination of: 1) the modest rebound in
private activities due to the quasi-absence of violence over
the past few months; 2) the surge in informal activities
pushed by the strong performance of the rural sector; and 3)
official aid flows, still equivalent to 5 percent of Gross
Domestic product (GDP), that have been directed to
vulnerable population and communities. |
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