Madagascar: An Agenda for Growth and Poverty Reduction by World Bank

By World Bank

The clients for tutorial improvement in Madagascar are very good due as a rule to the more and more favorable coverage surroundings for the sphere. one of many key demanding situations for policymakers and bosses, during this quarter, is to remodel public spending within the area into academic results that may make an important contribution to poverty reduction.

This file identifies demanding situations in any respect degrees within the formal schooling process. one of the themes mentioned are fairness in schooling, schooling finance, and insurance and constitution of the schooling approach. There are chapters dedicated to fundamental and secondary schooling, vocational and technical schooling and coaching, and better schooling.

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Additional resources for Madagascar: An Agenda for Growth and Poverty Reduction (World Bank Country Study)

Sample text

High economic growth is by no means a sufficient condition to reduce Madagascar's extreme poverty, but is undoubtedly a necessary condition to achieve this goal. Why Is the Recent ''African Growth Performance" Not Good Enough for Madagascar? 5 Dramatic problems call for solutions out of the ordinary. The authorities should be aware that anything short of a complete reversal in performance would not significantly improve living standards. More specifically, a growth rate approximating the average of recent years in Sub-Saharan Africa which is considered very good by many observers would still fail to have a meaningful impact on Madagascar's poverty levels.

A World Bank country study) Includes bibliographical references.  PovertyMadagascar.  PrivatizationMadagascar.  MadagascarEconomic policy.  Series. 9691dc21 99-32772 CIP Page iii Abstract vii Currency and Equivalent Unit viii Executive Summary ix Chapter 1 : Can Madagascar Revert from Decline to High Growth? 1 The Problem 1 The Challenge 2 Why is the Recent "African Growth Performance" Not Good Enough for Madagascar? 3 What Economic Performance Would Make a Sizable Dent in Poverty Levels? 4 The Proposed Strategy and the Reform Agenda 5 Fostering Private Sector Development 6 Redefining the Role of the State 7 Opening up the Economy 7 Conclusion 11 Chapter 2 : How to Unleash Private Sector Development?

9 Increased public savings via higher taxes would provide an important contribution to higher national savings. Since the current level of non-interest government expenditures is low, amounting to about 17 percent of GDP, this suggests that within a framework of better governance and increased efficiency the public sector could expand without crowding out private investment. As discussed below, increased tax revenues will need to materialize through a broadening of the tax base and better tax administration, though efficiency gains in government expenditures are also necessary to reduce the likelihood of crowding-out effects.

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Madagascar: An Agenda for Growth and Poverty Reduction by World Bank
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