Madagascar Economic Update

Download or read book Madagascar Economic Update written by World Bank and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.