IMF Staff Country Reports

Republic of Madagascar: Selected Issues

January 30, 2015

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Republic of Madagascar: Selected Issues, (USA: International Monetary Fund, 2015) accessed November 23, 2024

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Summary

This Selected Issues paper presents a study on poverty in Madagascar. Madagascar is a country with general, widespread, and increasing poverty. Most of the population is extremely poor and struggling to pay for food. Madagascar has the potential to grow rapidly. It is endowed with abundant natural resources, a unique wildlife, and a young, vibrant, and rapidly growing population. Taking full advantage of the young population will require higher investment in education and healthcare. Economic inequality appears to have declined and the poorest have in fact increased their consumption. Thus, while it is true that more people are poor today than in 2001, on average those who are deepest into poverty appear to be economically better off today than in 2001. Poverty is primarily a rural challenge. An overriding majority of the population lives in rural areas and rural poverty rates are almost double those of urban areas.

Subject: Banking, Commercial banks, Education, Financial institutions, Income and capital gains taxes, Poverty, Revenue administration, Taxes

Keywords: Adjustment channel, Africa, Bank lending take, Commercial banks, CR, East Africa, Exchange rate depreciation, Global, Income and capital gains taxes, ISCR, Madagascar, Pass-through, Pass-through coefficient, Pass-through estimate, Pass-through rate, Price, Sub-Saharan Africa, World development indicator, Youth literacy rate

Publication Details

  • Pages:

    64

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2015/025

  • Stock No:

    1MDGEA2015002

  • ISBN:

    9781498353069

  • ISSN:

    1934-7685

Notes