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Madagascar : Systematic Country Diagnostic

TARIFFS CAPITAL MARKETS FISH UNEMPLOYMENT RATES ECONOMIC GROWTH ENVIRONMENTAL PROTECTION ENVIRONMENTAL DEGRADATION AIR QUALITY FOREST MANAGEMENT CARBON AGRICULTURAL PRODUCTION EXPECTATIONS FISHERIES MANAGEMENT PRODUCERS RESOURCE MANAGEMENT PROPERTY RIGHTS BALANCE OF PAYMENTS FINANCIAL RESOURCES TIMBER LABOR FORCE EMISSIONS POLITICAL ECONOMY REVENUES INCENTIVES EMISSION REDUCTION EQUILIBRIUM MODELS SUSTAINABLE DEVELOPMENT INPUT PRICES CONDITIONALITY OLIGOPOLY ECONOMIC ANALYSIS AUDITS DEFICIT FINANCING PRESENT VALUE ECONOMIC DYNAMICS EXPLOITATION AIR POLLUTION OIL TRADEOFFS NATURAL CAPITAL POPULATION GROWTH MALTHUSIAN TRAP CAPITAL FORMATION LABOR PRODUCTIVITY OPTIONS DEBT BARRIERS TO ENTRY LAND DEGRADATION PRODUCTION TECHNOLOGY POLLUTION FORESTRY BENEFIT ANALYSIS DIVIDENDS POLICY DECISIONS BARLEY NATURAL RESOURCES METALS SUBSIDIES EFFICIENCY FISHING TAXES CANCER ACCESS TO INFORMATION LAND USE EFFECTIVE USE GOVERNMENT SECURITIES RESOURCES UNEMPLOYMENT POTENTIAL INVESTORS ENERGY CONSUMPTION EQUITY PRODUCTIVITY GROWTH CONSUMPTION ECONOMIC IMPACT RURAL COMMUNITIES WAGES AGRICULTURAL INTENSIFICATION CLIMATE CHANGE ENVIRONMENTAL MANAGEMENT VALUES CREDIT PURCHASING POWER DEFORESTATION DEMAND MINES SUSTAINABLE GROWTH ELECTRICITY GENERATION PRICE CHANGES ENVIRONMENTS EXPENDITURES COST BENEFIT ANALYSIS PROPERTY LOGGING DECISION MAKING CORPORATE TAXES ECONOMIC RENTS TAX RATES ENVIRONMENT SOIL DEGRADATION CONCEPTUAL FRAMEWORK ECONOMIC SITUATION STREAMS ECONOMICS SECURITIES TAX REVENUE SUBSISTENCE LIVELIHOODS FISHERIES ECONOMIC DEVELOPMENT TRADE LAND LAND PRODUCTIVITY ECONOMIES OF SCALE COMPARATIVE ANALYSIS DRINKING WATER COMPARATIVE ADVANTAGE FARMS ECOLOGY WATER POLLUTION FISHING GROUNDS REVENUE SCIENTIFIC RESEARCH RISK MANAGEMENT LIVING CONDITIONS TAX REFORM INTERMEDIATE INPUTS PROFITS PRODUCTION PATTERNS ENVIRONMENTAL LABOR MARKETS EFFECTIVE DEMAND FAST POPULATION GROWTH PUBLIC GOOD PRICES CONSUMER PROTECTION ECONOMIES PUBLIC GOODS COMPETITION
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World Bank, Washington, DC
Africa | Madagascar
2015-11-20T21:44:55Z | 2015-11-20T21:44:55Z | 2015-08-25

This document is hence organized not around the three types of challenges, but around five themes of governance, public finance issues, private sector-led economy, poverty and environment, and human capital, all crucial to achieving faster, more inclusive and sustainable growth. Chapter one provides the country context. Chapter two discusses the quality of governance, an overarching issue in Madagascar. It has a direct bearing on the pace, the inclusiveness and sustainability of growth. While acknowledging the importance of improving governance for Madagascar, which is a difficult, medium term undertaking, this Systematic Country Diagnostic argues that progress is also possible. Chapter three discusses how amelioration in managing public finances, and increasing revenue in particular, could be used as a lens for improved governance. Chapter four discusses the role and challenges of the private sector, the main driver of growth. Chapter five discusses the challenges for achieving higher human capital in a country with a very young population and some of the highest infant stunting and malnourishment rates in the world. Chapter six discusses the faces of poverty, which are predominantly rural, agricultural and informal. A structural transformation has not started in Madagascar and poverty and environment are closely intertwined. The chapter also discusses the challenges to enhancing the management of natural resources and protecting the poor from natural disasters and impacts of climate change. Chapter seven summarizes the challenges and prioritizes the reforms.

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