IMF Staff Country Reports

Republic of Madagascar: Selected Issues and Statistical Appendix

Publication Date:

September 27, 2005

Electronic Access:

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Summary:

This Selected Issues paper and Statistical Appendix analyzes the relationship among prices, income, and money in Madagascar over the period 1982–2004. It finds that a stable long-run relationship for the price level exists, but that the adjustment toward this long-term equilibrium is quite slow. The paper presents an assessment of the real effective exchange rate. It also presents some qualitative competitiveness indicators and examines the performance of exports in Madagascar at an aggregate and product level.

Series:

Country Report No. 2005/321

Subject:

Exchange rate arrangements Exports Foreign exchange Inflation International trade Prices Real effective exchange rates Terms of trade