Madagascar : Development Policy Review, Sustaining Growth for Enhanced Poverty Reduction, Volume 1, Main Report
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Washington, DC
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The country's approach to poverty reduction is outlined in the 2003 Poverty Reduction Strategy Paper, and draws on a development approach in which growth and poverty reduction are mutually reinforcing. Three areas of focus are identified in the PRSP: (1) restoration of law and improvements in governance; (2) promotion of broad-based growth; and (3) promotion of systems for establishing human and material security. The DPR presents Madagascar's development policy agenda in an integrated framework within which issues of policy consistency, priorities, and sequencing could be addressed. This DPR focuses on growth and growth strategy. It highlights the main structural and institutional impediments to achieving sustained growth and the factors constraining the ability of the poor to participate in economic growth. Emphasis is put on issues and sectors that contribute directly to growth: private sector development issues, including the availability of credit; elements of competitiveness such as infrastructure and education; and issues in sectors considered sources of growth. While the impact of government policy on poverty i s most directly felt through public expenditure and service delivery, these are dealt with in great detail in the accompanying PER, and will only be touched upon here in the context of government's growth strategy. Finally, the DPR identifies the main sources of vulnerability of the country.
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AGRICULTURAL EXPORTS, AGRICULTURAL EXTENSION, AGRICULTURAL PRACTICES, AGRICULTURAL SECTOR, AGRICULTURE, AIR, ANALYTICAL WORK, ANNUAL GROWTH, ANNUAL RATE, AVERAGE LEVEL, BUSINESS ENVIRONMENT, CAPITAL FORMATION, CLIMATE, COMPARATIVE ADVANTAGE, COMPARATIVE ANALYSIS, COMPETITION POLICY, COMPETITIVENESS, DEBT, DECENTRALIZATION, DEVELOPING COUNTRIES, DEVELOPMENT ASSISTANCE, DEVELOPMENT GOALS, DEVELOPMENT ORGANIZATION, DEVELOPMENT POLICY, DEVELOPMENT PROGRAMS, DEVELOPMENT STRATEGY, DOMESTIC SAVINGS, ECONOMIC DECLINE, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, ECONOMIC PERFORMANCE, ECONOMIC PROJECTIONS, EDUCATIONAL ATTAINMENT, EMPLOYMENT, ENVIRONMENTAL REGULATIONS, EXCHANGE RATE, EXCHANGE RATE POLICY, EXPORT TAXES, EXPORTS, EXTERNAL DEBT, FARM ACTIVITIES, FINANCIAL SECTOR, FISHERIES, FISHING, FOOD INSECURITY, FOREIGN EXCHANGE, GDP, GROSS DOMESTIC PRODUCT, GROWTH PERFORMANCE, GROWTH PROCESS, GROWTH PROSPECTS, GROWTH RATE, GROWTH RATES, HOUSEHOLD INCOME, HUMAN CAPITAL, ILLITERACY, IMMUNITY, IMPORTS, INDUSTRIAL DEVELOPMENT, INEFFICIENCY, INFLATION, INHERITANCE, INTEREST RATES, INTERNATIONAL MARKET, INTERVENTION, INVESTMENT CLIMATE, ITC, LABOR FORCE, LABOR MARKET, LABOR MARKETS, LABOR PRODUCTIVITY, LIFTING, MACRO-ECONOMIC POLICIES, MACROECONOMIC MANAGEMENT, MACROECONOMICS, MICRO CREDIT, MIGRATION, MINES, NATIONAL INCOME, NATURAL RESOURCE BASE, NON-POOR HOUSEHOLDS, NON-TRADITIONAL EXPORTS, OIL, PARTNERSHIP, PERSISTENT POVERTY, POLICY DEVELOPMENT, POLICY ISSUES, POLICY REFORMS, POLICY RESPONSE, POLICY REVIEW, POLICY STANCE, POOR COUNTRIES, POPULATION GROWTH, POVERTY PROFILE, POVERTY REDUCTION, POVERTY REDUCTION STRATEGY, PRICE DECLINES, PRIMARY PRODUCTS, PRIMARY SCHOOLS, PRIORITY ACTIONS, PRIORITY AREAS, PRIVATE SECTOR, PRODUCTIVITY, PUBLIC ENTERPRISES, PUBLIC EXPENDITURE, PUBLIC EXPENDITURE MANAGEMENT, PUBLIC EXPENDITURE REVIEW, PUBLIC EXPENDITURES, PUBLIC GOODS, PUBLIC INVESTMENT, PUBLIC RESOURCES, PUBLIC SECTOR, PUBLIC SERVICE, PUBLIC SERVICES, REDUCING POVERTY, REFORM PROGRAM, REGULATORY FRAMEWORK, RETAINED EARNINGS, RURAL AREAS, RURAL POPULATION, SAVINGS, SECONDARY SCHOOLS, SECTOR ACTIVITY, SECTOR REFORMS, SERVICE DELIVERY, SHARP REDUCTION, SOCIAL SERVICES, STRUCTURAL ADJUSTMENT, SUB-SAHARAN AFRICA, TAX COLLECTION, TAX REVENUE, TAX REVENUES, TAXATION, TELECOMMUNICATIONS, TOTAL ECONOMIC VALUE, TRADE BALANCE, TRADE LIBERALIZATION, TRANSPORT INFRASTRUCTURE, URBAN AREA, URBAN AREAS, VALUE ADDED, VOCATIONAL TRAINING, WASTE, WASTE MANAGEMENT, WORLD TRADE ORGANIZATION, WTO