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Africa > Madagascar, Republic of

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Food Insecurity and Climate Shocks in Madagascar: Republic of Madagascar
Dominique Fayad
Food insecurity dramatically increased in Madagascar over the last 10 years, hampering human development. Using most recent data and surveys conducted by UN Agencies and local authorities, this paper analyzes the root causes of food insecurity in Madagascar related to demographic vulnerabilities, multidimensional poverty, lack of education, as well as structural weaknesses in the food value chain and the lack of basic infrastructure, such as irrigation and transportation, that hamper agricultural activity development. Moreover, Madagascar is exposed to a large variety of climate shocks that climate change will likely exacerbate. This paper formulates country specific macroeconomic and operational policy recommendations in collaboration with the World Food Program to reduce food insecurity, which include i) measures to improve the emergency response and preparedness, ii) policies to address structural food insecurity, by improving the food chain and addressing challenges posed by climate shocks, and iii) measures to improve Green PFM and climate related public investment management to invest in long-term resilience and mobilize external financing.
Keywords:
Food Insecurity; Climate Change; Public Finance; Madagascar; food value chain; policy recommendation; value chain; climate change risk; food inflation; food consumption; Natural disasters; Food security; Global; Caribbean; Sub-Saharan Africa
Cover IMF Staff Country Reports
Republic of Madagascar: Economic Development Document
International Monetary Fund. African Dept.
This Economic Development Document describes the strategy adopted by the government of Madagascar to reverse the trend of modest economic performance, deteriorating social conditions, and persistent poverty observed in recent years. This strategy addresses the underlying causes of poverty. The primary aim of the fiscal policy is to increase revenue and rationalize budget expenditure to provide ample margins to finance priority spending, specifically social and infrastructure spending. The priorities are to expand the tax base and continuing reform of tax and customs administration, and to eliminate the causes of inefficient public expenditure. The monetary policy is given the role of regulating domestic liquidity to normalize trends in economic activities and achieve the inflation targets of less than 10.0 percent.
Keywords:
ISCR; CR; poverty rate; purchasing power; economic growth; private sector; per capita income; development framework; land tenure; poverty profile; energy security; air Madagascar; economic system; government securities market; asset recovery authority; financing requirement; Infrastructure; Poverty reduction; Sub-Saharan Africa
Cover IMF Staff Country Reports
Republic of Madagascar: Poverty Reduction Strategy Paper: Annual Progress Report for 2007 and First Semester of 2008
International Monetary Fund
The report examines the annual report of Madagascar’s Poverty Reduction Strategy Paper. Madagascar’s economic situation has been characterized by steady growth estimated at 5.0 percent on average against an average annual demographic growth rate of 2.8 percent. However, the living standard of the population as captured by the indicators related to the big objectives of the Madagascar Action Plan has not kept up with this pace. The organic law on public finances and the new code of public procurements have become more effective.
Keywords:
ISCR; CR; private sector; financial support; economic growth; budget deficit; completion rate; Budget planning and preparation; Global; Africa; East Africa
Cover IMF Staff Country Reports
Republic of Madagascar: Poverty Reduction Strategy Paper: Annual Progress Report: Joint Staff Advisory Note
International Monetary Fund
This Joint Staff Advisory Note provides feedback from the World Bank and IMF staff on the first and second progress reports on the Madagascar Action Plan (MAP)—the poverty reduction and growth strategy for 2007–12. Progress on governance has been reported with improvements in the functioning of the national anticorruption agency (BIANCO), the establishment of a financial intelligence unit, and improved national security indicators. To further improve transparency, the government will need to make an effort to secure property rights through the judicial system or alternative conflict-resolution mechanisms.
Keywords:
ISCR; CR; monetary policy; fiscal policy; government; development partner; evolution; utility company; sterilization operation; private sector development; sound fiscal policy; Poverty reduction strategy; Budget planning and preparation; Africa
Cover IMF Staff Country Reports
Republic of Madagascar: Poverty Reduction Strategy Paper
International Monetary Fund
The Poverty Reduction Strategy Papers (PRSPs) on the Republic of Madagascar explain the Madagascar Action Plan (MAP) to accelerate and better coordinate the development process. The National Leadership Institute of Madagascar (NLIM) was created in 2006 to provide cutting-edge training to build leadership capacity at all levels of government and for all sectors of society. The Economic Development Board of Madagascar (EDBM) is charged with ensuring that the business climate of Madagascar is attractive for companies and conducive for the success of private enterprises.
Keywords:
ISCR; CR; private sector; value chain; economic growth; natural resources; public service; civil society; education system; primary education; vocational training; green revolution; Global; Sub-Saharan Africa
Cover IMF Staff Country Reports
Republic of Madagascar: Poverty Reduction Strategy Paper Annual Progress Report
International Monetary Fund
Developing and boosting the private sector, in the area of industry, trade, and private sector, actions for securing investment, promoting investment, developing partnerships in Madagascar produced positive results. The investment rate is 12.37 percent out of an objective of 14 percent. The achievements in the rehabilitation of rural roads have improved compared with those of 2004, but the objectives for the year have not been achieved (65 percent). In posts and telecommunication, for the postal service, the number of savings “Tsinjolavitra” recorded a net improvement compared with those of the previous year.
Keywords:
ISCR; CR; private sector; information system; job creation; public finance; reform program; tertiary sector; land tenure; management system; E-governance development Unit; Global
Cover IMF Staff Country Reports
Madagascar: Poverty Reduction Strategy Paper
International Monetary Fund
This report summarizes the improved Intermediate Poverty Reduction Strategy Paper (PRSP) of Madagascar, and the new policy orientation of the government. This strategy is based on an objective analysis and precise criteria. It presents the general framework of intervention of the PRSP and an analysis of poverty. It defines the strategies of the fight against poverty, and provides overall objectives and actions to be implemented. It reviews the cost and the financing of the programs and also describes the monitoring and evaluation methods of the poverty reduction strategy.
Keywords:
ISCR; CR; structural adjustment; civil society; investment strategy; poverty rate; inflation rate; private sector; economic growth; natural resources; Global