Madagascar Country Economic Memorandum : Scaling Success - Building a Resilient Economy
Madagascar is characterized by an expanding economy and a peaceful transition of power, providing a solid basis for achieving a more productive, inclusive, and sustainable growth trajectory. Given the vast opportunities, but also substantial challe...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/699781575279412305/Madagascar-Country-Economic-Memorandum-Scaling-Success-Building-a-Resilient-Economy http://hdl.handle.net/10986/32794 |
| Summary: | Madagascar is characterized by an
expanding economy and a peaceful transition of power,
providing a solid basis for achieving a more productive,
inclusive, and sustainable growth trajectory. Given the vast
opportunities, but also substantial challenges, the
objective of the Madagascar country economic memorandum is
to inform the policy dialogue on how the country’s inclusive
growth potential can be harnessed. The country economic
memorandum takes an evidence-based approach to informing
policy on how opportunities for achieving productive,
inclusive, and sustainable growth can be realized.
Accelerating the current pace of growth requires further
expanding the bright spots of the economy, which are focused
on exports and investment related activities. The bright
spots are creating jobs at the fastest pace, are resilient
to shocks and have linkages with other sectors of the
economy. Scaling success requires addressing constraints
related to connectivity, human capital, and the business
environment, while incentivizing the uptake of improved
technologies to enable other sectors, such as agriculture,
to realize their potential. |
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