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Republic of Madagascar
			: Second Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criteria-Press Release; and Staff Report

Republic of Madagascar : Second Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criteria-Press Release; and Staff Report »

Volume/Issue: 2017/385

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 December 2017

DOI: http://dx.doi.org/10.5089/9781484333891.002

ISBN: 9781484333891

Keywords: Sub-Saharan Africa, Madagascar

Context. The gradual economic recovery has continued, with solid growth despite the drought and cyclone that hit Madagascar in early 2017. Fiscal performance has been roughly as planned, with strong revenue perform...

Medium-Term Budget Frameworks in Sub-Saharan African Countries

Medium-Term Budget Frameworks in Sub-Saharan African Countries »

Volume/Issue: 2017/203

Series: IMF Working Papers

Author(s): Richard Allen , Taz Chaponda , Lesley Fisher , and Rohini Ray

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 September 2017

DOI: http://dx.doi.org/10.5089/9781484314203.001

ISBN: 9781484314203

Keywords: Zambia, Congo, Republic of, Congo, Democratic Republic of the, Zimbabwe, Uganda, Togo, Tanzania, Sudan, Swaziland, Sub-Saharan Africa

More than 15 years ago, many countries in sub-Saharan Africa embarked on a program of budgetary reform, an important element of which was a medium-term budget framework (MTBF). This working paper focuses on the per...

Growth Breaks and Growth Spells in Sub-Saharan Africa

Growth Breaks and Growth Spells in Sub-Saharan Africa »

Volume/Issue: 2017/202

Series: IMF Working Papers

Author(s): Francisco Arizala , Jesus Gonzalez-Garcia , Charalambos Tsangarides , and Mustafa Yenice

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 September 2017

DOI: http://dx.doi.org/10.5089/9781484314166.001

ISBN: 9781484314166

Keywords: Africa, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Comoros

This paper examines the growth performance of sub-Saharan African countries since 1960 through the lens of growth turning points (accelerations and decelerations) and periods of sustained growth (growth spells). Gr...

Republic of Madagascar
			: 2017 Article IV Consultation, First Review Under the Extended Credit Facility Arrangement, and Request for Waiver of Nonobservance of Performance Criterion, Modification of Performance Criterion and Augmentation of Access-Press Release; Staff  Report; Informational Annex, Debt Sustainability Analysis, and Statement by the Executive Director for Republic of Madagascar

Republic of Madagascar : 2017 Article IV Consultation, First Review Under the Extended Credit Facility Arrangement, and Request for Waiver of Nonobservance of Performance Criterion, Modification of Performance Criterion and Augmentation of Access-Press Release; Staff Report; Informational Annex, Debt Sustainability Analysis, and Statement by the Executive Director for Republic of Madagascar »

Volume/Issue: 2017/223

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 July 2017

DOI: http://dx.doi.org/10.5089/9781484310656.002

ISBN: 9781484310656

Keywords: Sub-Saharan Africa, Madagascar

To assist in the economic recovery from a prolonged political crisis, Madagascar launched an ECF-supported program in July 2016. The program aims to break a cycle of low investment and low growth. Macroeconomic pol...

Republic of Madagascar
			: Economic Development Document

Republic of Madagascar : Economic Development Document »

Volume/Issue: 2017/225

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 July 2017

DOI: http://dx.doi.org/10.5089/9781484310670.002

ISBN: 9781484310670

Keywords: Sub-Saharan Africa, Madagascar

The Economic Development Paper (DDE) describes the strategy adopted by the government to reverse the trend of modest economic performance, deteriorating social conditions, and persistent poverty observed in recent...

Republic of Madagascar
			: Selected Issues

Republic of Madagascar : Selected Issues »

Volume/Issue: 2017/224

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 July 2017

DOI: http://dx.doi.org/10.5089/9781484310663.002

ISBN: 9781484310663

Keywords: Sub-Saharan Africa, Madagascar

Selected Issues...

The Informal Economy in Sub-Saharan Africa
			: Size and Determinants

The Informal Economy in Sub-Saharan Africa : Size and Determinants »

Volume/Issue: 2017/156

Series: IMF Working Papers

Author(s): Leandro Medina , Andrew Jonelis , and Mehmet Cangul

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 July 2017

DOI: http://dx.doi.org/10.5089/9781484305942.001

ISBN: 9781484305942

Keywords: Uganda, South Africa, Rwanda, Senegal, Seychelles, Sierra Leone, Sudan, Swaziland, Tanzania, Togo

The multiple indicator-multiple cause (MIMIC) method is a well-established tool for measuring informal economic activity. However, it has been criticized because GDP is used both as a cause and indicator variable....

Food Inflation in Sub-Saharan Africa
			: Causes and Policy Implications

Food Inflation in Sub-Saharan Africa : Causes and Policy Implications »

Volume/Issue: 2016/247

Series: IMF Working Papers

Author(s): Emre Alper , Niko Hobdari , and Ali Uppal

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2016

DOI: http://dx.doi.org/10.5089/9781475563115.001

ISBN: 9781475563115

Keywords: South Africa, Seychelles, Sierra Leone, Rwanda, Senegal, Togo, Sub-Saharan Africa, Tanzania, Sudan, Swaziland

This paper analyzes food inflation trends in Sub-Saharan Africa (SSA) from 2000 to 2016 using two novel datasets of disaggregated CPI baskets. Average food inflation is higher, more volatile, and similarly persiste...

Republic of Madagascar
			: Financial System Stability Assessment

Republic of Madagascar : Financial System Stability Assessment »

Volume/Issue: 2016/377

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 December 2016

DOI: http://dx.doi.org/10.5089/9781475559736.002

ISBN: 9781475559736

Keywords: Stress testing, Sub-Saharan Africa, Risk management, Reports on the Observance of Standards and Codes, Nonbank financial sector, Microfinance, Madagascar, Economic indicators, Financial sector, Financial system stability assessment

This paper discusses key findings of the Financial System Stability Assessment concerning Madagascar. The analysis reveals that the Madagascar's banking sector is exposed to significant risks, though it has certain...

Republic of Madagascar
			: Request for an Arrangement Under the Extended Credit Facility: First Review Under the Staff Monitored Program-Press Release; Staff Report; and Statement by the Executive Director for Republic of Madagascar

Republic of Madagascar : Request for an Arrangement Under the Extended Credit Facility: First Review Under the Staff Monitored Program-Press Release; Staff Report; and Statement by the Executive Director for Republic of Madagascar »

Volume/Issue: 2016/273

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 August 2016

DOI: http://dx.doi.org/10.5089/9781475525014.002

ISBN: 9781475525014

This paper discusses the Republic of Madagascar's request for an arrangement under the Extended Credit Facility (ECF) and first review under the Staff Monitored Program (SMP). Madagascar's macroeconomic performance...