Madagascar Economic Update: Navigating Through the Storm
Development prospects in Madagascar continue to be hampered by the country's low growth potential and exposure to frequent, deep, and persistent crises. Following a recession in 2020 that was about three times deeper than in the rest of Sub-Saharan Africa, an economic recovery started in Madaga...
Gespeichert in:
| Körperschaft: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2022
|
| Schriftenreihe: | Economic Updates and Modeling
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Development prospects in Madagascar continue to be hampered by the country's low growth potential and exposure to frequent, deep, and persistent crises. Following a recession in 2020 that was about three times deeper than in the rest of Sub-Saharan Africa, an economic recovery started in Madagascar in 2021 but was interrupted in 2022 by a sequence of domestic and international shocks. In addition to these new headwinds, the growth potential of the economy has been negatively impacted during the crisis by a retrenchment in private investment, deteriorating human capital and weakening governance. In this context, growth projections were downgraded to 2.6 percent in 2022 and to an average of 4.4 percent in 2023-2024, with the poverty rate now expected to remain close to 80 percent by 2024. This can only happen if the government kickstarts far-reaching reforms supporting private investment and job creation, better access to basic services and infrastructure, and greater resilience to shocks. Several policy priorities are highlighted as particularly urgent in this Economic Update. This report also highlights the importance of boosting public school performance following the continued deterioration in learning outcomes and advocates for a set of reforms reinforcing teachers' selection and evaluation, salary and school grant management, redress mechanism and local community engagement |
| Beschreibung: | 1 Online-Ressource |
| DOI: | 10.1596/37506 |
Internformat
MARC
| LEADER | 00000nmm a22000001c 4500 | ||
|---|---|---|---|
| 001 | BV049080256 | ||
| 003 | DE-604 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 230731s2022 xxu|||| o||u| ||||||eng d | ||
| 024 | 7 | |a 10.1596/37506 |2 doi | |
| 035 | |a (ZDB-1-WBA)080815413 | ||
| 035 | |a (OCoLC)1392138939 | ||
| 035 | |a (DE-599)KEP080815413 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 044 | |a xxu |c XD-US | ||
| 049 | |a DE-12 |a DE-521 |a DE-573 |a DE-523 |a DE-Re13 |a DE-19 |a DE-355 |a DE-703 |a DE-91 |a DE-706 |a DE-29 |a DE-M347 |a DE-473 |a DE-824 |a DE-20 |a DE-739 |a DE-1043 |a DE-863 |a DE-862 | ||
| 110 | 2 | |a World Bank Group |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Madagascar Economic Update |b Navigating Through the Storm |
| 264 | 1 | |a Washington, D.C |b The World Bank |c 2022 | |
| 300 | |a 1 Online-Ressource | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a Economic Updates and Modeling | |
| 520 | 3 | |a Development prospects in Madagascar continue to be hampered by the country's low growth potential and exposure to frequent, deep, and persistent crises. Following a recession in 2020 that was about three times deeper than in the rest of Sub-Saharan Africa, an economic recovery started in Madagascar in 2021 but was interrupted in 2022 by a sequence of domestic and international shocks. In addition to these new headwinds, the growth potential of the economy has been negatively impacted during the crisis by a retrenchment in private investment, deteriorating human capital and weakening governance. In this context, growth projections were downgraded to 2.6 percent in 2022 and to an average of 4.4 percent in 2023-2024, with the poverty rate now expected to remain close to 80 percent by 2024. This can only happen if the government kickstarts far-reaching reforms supporting private investment and job creation, better access to basic services and infrastructure, and greater resilience to shocks. Several policy priorities are highlighted as particularly urgent in this Economic Update. This report also highlights the importance of boosting public school performance following the continued deterioration in learning outcomes and advocates for a set of reforms reinforcing teachers' selection and evaluation, salary and school grant management, redress mechanism and local community engagement | |
| 650 | 4 | |a Agriculture | |
| 650 | 4 | |a Conflict and Development | |
| 650 | 4 | |a Coronavirus | |
| 650 | 4 | |a COVID-19 | |
| 650 | 4 | |a Economic Insecurity | |
| 650 | 4 | |a Education Reform | |
| 650 | 4 | |a Finance and Financial Sector Development | |
| 650 | 4 | |a Financial Crisis Management and Restructuring | |
| 650 | 4 | |a Food Security | |
| 650 | 4 | |a Macroeconomics and Economic Growth | |
| 650 | 4 | |a Water Resources | |
| 856 | 4 | 0 | |u https://doi.org/10.1596/37506 |x Verlag |z kostenfrei |3 Volltext |
| 912 | |a ZDB-1-WBA | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-034342146 | |
Datensatz im Suchindex
| _version_ | 1812671838949474304 |
|---|---|
| adam_text | |
| adam_txt | |
| any_adam_object | |
| any_adam_object_boolean | |
| author_corporate | World Bank Group |
| author_corporate_role | aut |
| author_facet | World Bank Group |
| author_sort | World Bank Group |
| building | Verbundindex |
| bvnumber | BV049080256 |
| collection | ZDB-1-WBA |
| ctrlnum | (ZDB-1-WBA)080815413 (OCoLC)1392138939 (DE-599)KEP080815413 |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| doi_str_mv | 10.1596/37506 |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nmm a22000001c 4500</leader><controlfield tag="001">BV049080256</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">230731s2022 xxu|||| o||u| ||||||eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1596/37506</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-1-WBA)080815413</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1392138939</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)KEP080815413</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">xxu</subfield><subfield code="c">XD-US</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-523</subfield><subfield code="a">DE-Re13</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-M347</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-1043</subfield><subfield code="a">DE-863</subfield><subfield code="a">DE-862</subfield></datafield><datafield tag="110" ind1="2" ind2=" "><subfield code="a">World Bank Group</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Madagascar Economic Update</subfield><subfield code="b">Navigating Through the Storm</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Washington, D.C</subfield><subfield code="b">The World Bank</subfield><subfield code="c">2022</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">Economic Updates and Modeling</subfield></datafield><datafield tag="520" ind1="3" ind2=" "><subfield code="a">Development prospects in Madagascar continue to be hampered by the country's low growth potential and exposure to frequent, deep, and persistent crises. Following a recession in 2020 that was about three times deeper than in the rest of Sub-Saharan Africa, an economic recovery started in Madagascar in 2021 but was interrupted in 2022 by a sequence of domestic and international shocks. In addition to these new headwinds, the growth potential of the economy has been negatively impacted during the crisis by a retrenchment in private investment, deteriorating human capital and weakening governance. In this context, growth projections were downgraded to 2.6 percent in 2022 and to an average of 4.4 percent in 2023-2024, with the poverty rate now expected to remain close to 80 percent by 2024. This can only happen if the government kickstarts far-reaching reforms supporting private investment and job creation, better access to basic services and infrastructure, and greater resilience to shocks. Several policy priorities are highlighted as particularly urgent in this Economic Update. This report also highlights the importance of boosting public school performance following the continued deterioration in learning outcomes and advocates for a set of reforms reinforcing teachers' selection and evaluation, salary and school grant management, redress mechanism and local community engagement</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Agriculture</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Conflict and Development</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Coronavirus</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">COVID-19</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Economic Insecurity</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Education Reform</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Finance and Financial Sector Development</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Financial Crisis Management and Restructuring</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Food Security</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Macroeconomics and Economic Growth</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Water Resources</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1596/37506</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-WBA</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-034342146</subfield></datafield></record></collection> |
| id | DE-604.BV049080256 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T22:27:57Z |
| indexdate | 2024-10-12T04:02:56Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-034342146 |
| oclc_num | 1392138939 |
| open_access_boolean | 1 |
| owner | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-91 DE-BY-TUM DE-706 DE-29 DE-M347 DE-473 DE-BY-UBG DE-824 DE-20 DE-739 DE-1043 DE-863 DE-BY-FWS DE-862 DE-BY-FWS |
| owner_facet | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-91 DE-BY-TUM DE-706 DE-29 DE-M347 DE-473 DE-BY-UBG DE-824 DE-20 DE-739 DE-1043 DE-863 DE-BY-FWS DE-862 DE-BY-FWS |
| physical | 1 Online-Ressource |
| psigel | ZDB-1-WBA |
| publishDate | 2022 |
| publishDateSearch | 2022 |
| publishDateSort | 2022 |
| publisher | The World Bank |
| record_format | marc |
| series2 | Economic Updates and Modeling |
| spellingShingle | Madagascar Economic Update Navigating Through the Storm Agriculture Conflict and Development Coronavirus COVID-19 Economic Insecurity Education Reform Finance and Financial Sector Development Financial Crisis Management and Restructuring Food Security Macroeconomics and Economic Growth Water Resources |
| title | Madagascar Economic Update Navigating Through the Storm |
| title_auth | Madagascar Economic Update Navigating Through the Storm |
| title_exact_search | Madagascar Economic Update Navigating Through the Storm |
| title_exact_search_txtP | Madagascar Economic Update Navigating Through the Storm |
| title_full | Madagascar Economic Update Navigating Through the Storm |
| title_fullStr | Madagascar Economic Update Navigating Through the Storm |
| title_full_unstemmed | Madagascar Economic Update Navigating Through the Storm |
| title_short | Madagascar Economic Update |
| title_sort | madagascar economic update navigating through the storm |
| title_sub | Navigating Through the Storm |
| topic | Agriculture Conflict and Development Coronavirus COVID-19 Economic Insecurity Education Reform Finance and Financial Sector Development Financial Crisis Management and Restructuring Food Security Macroeconomics and Economic Growth Water Resources |
| topic_facet | Agriculture Conflict and Development Coronavirus COVID-19 Economic Insecurity Education Reform Finance and Financial Sector Development Financial Crisis Management and Restructuring Food Security Macroeconomics and Economic Growth Water Resources |
| url | https://doi.org/10.1596/37506 |
| work_keys_str_mv | AT worldbankgroup madagascareconomicupdatenavigatingthroughthestorm |