Publication: Madagascar Economic Update: Why Has the Malagasy Economy Not Yet Collapsed?
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2010-07-15
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2010-07-15
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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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“World Bank. 2010. Madagascar Economic Update: Why Has the Malagasy Economy Not Yet Collapsed?. © World Bank. http://hdl.handle.net/10986/27824 License: CC BY 3.0 IGO.”
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