Madagascar Economic Update, January 2011 : Fiscal Policy - Managing the Present with a Look at the Future

At the end of 2010, the fiscal situation appears under control with a relatively small deficit estimated around 2 percent of Gross Domestic Product (GDP). This is good news in a country that still suffers from uncertainty about its political future...

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Main Author:	World Bank
Format:	Report
Language:	English en_US
Published:	Washington, DC 2017
Subjects:	FISCAL POLICY DEFICIT FISCAL STABILITY POLITICAL CRISIS INFLATION PUBLIC INVESTMENT PROGRAM GOVERNMENT SPENDING FISCAL REVENUES VALUE ADDED TAX SIZE OF GOVERNMENT GROSS DOMESTIC PRODUCT PUBLIC SECTOR PRIVATE SECTOR ECONOMIC GROWTH PHYSICAL CAPITAL HUMAN CAPITAL
Online Access:	http://documents.worldbank.org/curated/en/437881468087883912/Madagascar-economic-update-fiscal-policy-managing-the-present-with-a-look-at-the-future http://hdl.handle.net/10986/27249

id	okr-10986-27249
recordtype	oai_dc
spelling	okr-10986-272492021-04-23T14:04:40Z Madagascar Economic Update, January 2011 : Fiscal Policy - Managing the Present with a Look at the Future World Bank FISCAL POLICY DEFICIT FISCAL STABILITY POLITICAL CRISIS INFLATION PUBLIC INVESTMENT PROGRAM GOVERNMENT SPENDING FISCAL REVENUES VALUE ADDED TAX SIZE OF GOVERNMENT GROSS DOMESTIC PRODUCT PUBLIC SECTOR PRIVATE SECTOR ECONOMIC GROWTH PHYSICAL CAPITAL HUMAN CAPITAL At the end of 2010, the fiscal situation appears under control with a relatively small deficit estimated around 2 percent of Gross Domestic Product (GDP). This is good news in a country that still suffers from uncertainty about its political future. Yet, this fiscal stability was the result of a severe decline in public spending that accumulated for only 12 percent of GDP-one of the lowest ratios in the world. The weak share of public investment has become especially alarming, because it may further exacerbate the existing deficiencies in both physical and human capital that are observed in Madagascar. This development raises the fundamental questions about the conduct of future fiscal policy and its contribution to economic growth. 2017-06-16T16:45:27Z 2017-06-16T16:45:27Z 2011-01-24 Report http://documents.worldbank.org/curated/en/437881468087883912/Madagascar-economic-update-fiscal-policy-managing-the-present-with-a-look-at-the-future http://hdl.handle.net/10986/27249 English en_US 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 en_US
topic	FISCAL POLICY DEFICIT FISCAL STABILITY POLITICAL CRISIS INFLATION PUBLIC INVESTMENT PROGRAM GOVERNMENT SPENDING FISCAL REVENUES VALUE ADDED TAX SIZE OF GOVERNMENT GROSS DOMESTIC PRODUCT PUBLIC SECTOR PRIVATE SECTOR ECONOMIC GROWTH PHYSICAL CAPITAL HUMAN CAPITAL
spellingShingle	FISCAL POLICY DEFICIT FISCAL STABILITY POLITICAL CRISIS INFLATION PUBLIC INVESTMENT PROGRAM GOVERNMENT SPENDING FISCAL REVENUES VALUE ADDED TAX SIZE OF GOVERNMENT GROSS DOMESTIC PRODUCT PUBLIC SECTOR PRIVATE SECTOR ECONOMIC GROWTH PHYSICAL CAPITAL HUMAN CAPITAL World Bank Madagascar Economic Update, January 2011 : Fiscal Policy - Managing the Present with a Look at the Future
geographic_facet	Africa Madagascar
description	At the end of 2010, the fiscal situation appears under control with a relatively small deficit estimated around 2 percent of Gross Domestic Product (GDP). This is good news in a country that still suffers from uncertainty about its political future. Yet, this fiscal stability was the result of a severe decline in public spending that accumulated for only 12 percent of GDP-one of the lowest ratios in the world. The weak share of public investment has become especially alarming, because it may further exacerbate the existing deficiencies in both physical and human capital that are observed in Madagascar. This development raises the fundamental questions about the conduct of future fiscal policy and its contribution to economic growth.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Madagascar Economic Update, January 2011 : Fiscal Policy - Managing the Present with a Look at the Future
title_short	Madagascar Economic Update, January 2011 : Fiscal Policy - Managing the Present with a Look at the Future
title_full	Madagascar Economic Update, January 2011 : Fiscal Policy - Managing the Present with a Look at the Future
title_fullStr	Madagascar Economic Update, January 2011 : Fiscal Policy - Managing the Present with a Look at the Future
title_full_unstemmed	Madagascar Economic Update, January 2011 : Fiscal Policy - Managing the Present with a Look at the Future
title_sort	madagascar economic update, january 2011 : fiscal policy - managing the present with a look at the future
publisher	Washington, DC
publishDate	2017
url	http://documents.worldbank.org/curated/en/437881468087883912/Madagascar-economic-update-fiscal-policy-managing-the-present-with-a-look-at-the-future http://hdl.handle.net/10986/27249
_version_	1764463910054789120

Madagascar Economic Update, January 2011 : Fiscal Policy - Managing the Present with a Look at the Future

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