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Country Paper for Madagascar: Labor Market, Economic Situation, and Development Policy

Type of publication Peer-reviewed
Publikationsform Original article (peer-reviewed)
Author Ravelosoa Julia Rachel, , Ravelomanantsoa Paul Gérard, , Rajaonera Ida, , Rakotomanana Faly ,
Project Employment effects of different development policy instruments
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Original article (peer-reviewed)

Journal R4D Working Paper
Page(s) 1 - 99
Title of proceedings R4D Working Paper

Open Access

Abstract

The National Development Plan that the Malagasy government has adopted aims to revitalize the economy. Plan attaches special importance to inclusive growth. This concept is based on two fundamental principles: equity and equal opportunity for all to access to means of production and markets. At the sectoral level, the creation of decent jobs and the formalization of the informal sector part of the specific objectives of the plan. Assuming that the labor market is the primary mechanism of transmission between economic growth and living conditions of populations, the impact of macroeconomic shocks on the living conditions of households depend largely on their impact on employment. Analyze on labor market will help leaders implement effective policies to stimulate growth. This requires a better understanding of the overall situation of the Malagasy economy, the interrelationship between the various economic and social sectors and dévelopment policies that have been conducted.Accordingly, this study aims to describe an overwiew of the economic situation, especially of the labor market in Madagascar. More specifically, the paper traces the evolution of the labor market in Madagascar in relation with various developmental policies.
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