Madagascar Investment Climate Assessment Update
Given the need to improve the overall investment climate in the Republic of Madagascar, an Indian Ocean island nation located off the east coast of Africa, this Investment Climate Assessment Update (ICAU) evaluates trends and characteristics associ...
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| Language: | English en_US |
| Published: |
Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/614861468270897341/Madagascar-investment-climate-assessment-update http://hdl.handle.net/10986/27783 |
| Summary: | Given the need to improve the overall
investment climate in the Republic of Madagascar, an Indian
Ocean island nation located off the east coast of Africa,
this Investment Climate Assessment Update (ICAU) evaluates
trends and characteristics associated with firm, growth, and
performance. More specifically, the ICAU examines firm level
growth and productivity, and how they are related to firm
characteristics and to certain obstacles facing firms in
manufacturing and services during the period 2004-2007. The
scope of this report is narrower than that of typical
investment climate assessment. This is a result of political
situation in Madagascar and data availability. The current
political crisis will likely have significant consequences
for incentives to invest, and on firm growth and performance
in both the domestic and export markets. However, these
impacts are hard to identify while the crisis is ongoing. In
addition, the enterprise survey data used in this report are
entirely pre-crisis (covering the period 2004-2007).
Therefore, with the exception of parts of chapter one on the
macroeconomic and political background, this report will
focus on the pre-crisis period. Nevertheless, the analysis
will focus on trends that author expect to be structural
rather than cyclical and which therefore will be informative
in terms of setting the basis for policy dialogue with the
government of Madagascar when the crisis recedes. |
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