Republic of Madagascar: Ex Post Assessment of Longer-Term Program Engagement
October 11, 2005
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This paper discusses key findings of the Ex Post Assessment of Longer-Term Program Engagement for Madagascar. The paper focuses on performance during the programs supported by the 1989 and 1996 Enhanced Structural Adjustment Facility programs, and the 2001 Poverty Reduction and Growth Facility. Despite nearly continuous involvement by the IMF, other international financial institutions, and bilateral donors, economic progress has been slow. Only the most recent years have witnessed inroads into poverty reduction of some significance. However, the country’s growth base remains narrow, and its institutional framework and governance weak.
Subject: Civil service reform, Labor, Macrostructural analysis, Poverty, Poverty reduction, Public financial management (PFM), Revenue administration, Structural reforms
Keywords: banking system, Civil service reform, CR, economic growth, exchange rate, government ownership, implementation capacity, ISCR, macroeconomic policy, Poverty reduction, reform effort, Structural reforms, Sub-Saharan Africa
Pages:
48
Volume:
2005
DOI:
Issue:
363
Series:
Country Report No. 2005/363
Stock No:
1MDGEA2005004
ISBN:
9781451825367
ISSN:
1934-7685
