Madagascar: Recent Economic Developments and Future Prospects

摘要

Madagascar has been experiencing severe economic difficulties in recent years. Economic growth has been slow, and with population increasing rapidly per capita real income and consumption have declined significantly over the past four or five years. The Government has, despite the problems of the economy, been able to focus on certain important social objectives: the satisfaction of basic needs, reduction of urban-rural income disparities and protection of living standards of low income urban groups.