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Republic of Madagascar: Selected Issues
Author:
International Monetary Fund. African Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2017: Issue 224
Language:
English
Publication Date:
18 Jul 2017
DOI:
https://doi.org/10.5089/9781484310663.002
ISBN:
9781484310663
ISSN:
1934-7685
Pages:
50
Keywords:
ISCR; CR; investment project; infrastructure investment; private sector; investment efficiency; Malagasy authorities; anti-corruption agency; investment coordination unit; Public investment and public-private partnerships (PPP); Public investment spending; Corruption; Infrastructure; Global; Africa; Sub-Saharan Africa
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This Selected Issues paper surveys the economic costs of corruption in Madagascar, and provides a few ideas on how to advance anticorruption reforms. Madagascar’s governance indicators weakened significantly during the transition period 2009–13. Governance indicators that generally were on par with middle-income countries in Sub-Saharan Africa (SSA) ten years ago have regressed and converged to the average of fragile SSA countries. After the return of constitutional order in 2014, the government has started to address corruption, mainly through the introduction of new laws so far. More emphasis is needed on effective implementation and raising sufficient resources to fight corruption.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund