Madagascar Economic Update, October 2017 : Coping with Shocks

The World Bank is sharing the seventh edition of the Economic Update of Madagascar, which presents our analysis for the period up to the beginning of October 2017 and provides our medium-term economic outlook. Despite a challenging start due to two climatic shocks, we project growth at 4.1 percent i...

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Main Author:	World Bank
Format:	Report
Language:	English
Published:	Washington, DC 2017
Subjects:	ECONOMIC GROWTH ECONOMIC OUTLOOK EXTERNAL TRADE MONETARY POLICY FISCAL TRENDS INSTITUTIONS
Online Access:	http://documents.worldbank.org/curated/en/141661509458497360/Madagascar-economic-update-coping-with-shocks http://hdl.handle.net/10986/28825

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recordtype	oai_dc
spelling	okr-10986-288252021-05-25T09:05:29Z Madagascar Economic Update, October 2017 : Coping with Shocks World Bank ECONOMIC GROWTH ECONOMIC OUTLOOK EXTERNAL TRADE MONETARY POLICY FISCAL TRENDS INSTITUTIONS The World Bank is sharing the seventh edition of the Economic Update of Madagascar, which presents our analysis for the period up to the beginning of October 2017 and provides our medium-term economic outlook. Despite a challenging start due to two climatic shocks, we project growth at 4.1 percent in 2017, a continuation of the positive trend from last year. Key growth drivers in 2017 are expected to remain as services-related activities, construction works to partly support the reconstruction efforts from the natural disasters, and strong demand for Malagasy textiles from abroad. The severe drought in the first few months of the year affected agricultural activities and reduced hydroelectric power supply. Output for key staples such as rice fell, contributing to higher inflation and an increase in food imports. And in March 2017, Madagascar experienced its most severe cyclone in 13 years, where losses were estimated at US$ 400 million, equivalent to approximately 4 percent of GDP. 2017-11-13T21:40:53Z 2017-11-13T21:40:53Z 2017-10 Report http://documents.worldbank.org/curated/en/141661509458497360/Madagascar-economic-update-coping-with-shocks http://hdl.handle.net/10986/28825 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work Africa Madagascar
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ECONOMIC GROWTH ECONOMIC OUTLOOK EXTERNAL TRADE MONETARY POLICY FISCAL TRENDS INSTITUTIONS
spellingShingle	ECONOMIC GROWTH ECONOMIC OUTLOOK EXTERNAL TRADE MONETARY POLICY FISCAL TRENDS INSTITUTIONS World Bank Madagascar Economic Update, October 2017 : Coping with Shocks
geographic_facet	Africa Madagascar
description	The World Bank is sharing the seventh edition of the Economic Update of Madagascar, which presents our analysis for the period up to the beginning of October 2017 and provides our medium-term economic outlook. Despite a challenging start due to two climatic shocks, we project growth at 4.1 percent in 2017, a continuation of the positive trend from last year. Key growth drivers in 2017 are expected to remain as services-related activities, construction works to partly support the reconstruction efforts from the natural disasters, and strong demand for Malagasy textiles from abroad. The severe drought in the first few months of the year affected agricultural activities and reduced hydroelectric power supply. Output for key staples such as rice fell, contributing to higher inflation and an increase in food imports. And in March 2017, Madagascar experienced its most severe cyclone in 13 years, where losses were estimated at US$ 400 million, equivalent to approximately 4 percent of GDP.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Madagascar Economic Update, October 2017 : Coping with Shocks
title_short	Madagascar Economic Update, October 2017 : Coping with Shocks
title_full	Madagascar Economic Update, October 2017 : Coping with Shocks
title_fullStr	Madagascar Economic Update, October 2017 : Coping with Shocks
title_full_unstemmed	Madagascar Economic Update, October 2017 : Coping with Shocks
title_sort	madagascar economic update, october 2017 : coping with shocks
publisher	Washington, DC
publishDate	2017
url	http://documents.worldbank.org/curated/en/141661509458497360/Madagascar-economic-update-coping-with-shocks http://hdl.handle.net/10986/28825
_version_	1764467447857938432

Madagascar Economic Update, October 2017 : Coping with Shocks

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