Madagascar Economic Update, January 2011
At the end of 2010, the fiscal situation appears under control with a relatively small deficit estimated around 2 percent of Gross Domestic Product (GDP). This is good news in a country that still suffers from uncertainty about its political future. Yet, this fiscal stability was the result of a severe decline in public spending that accumulated for only 12 percent of GDP-one of the lowest ratios in the world. The weak share of public investment has become especially alarming, because it may further exacerbate the existing deficiencies in both physical and human capital that are observed in Madagascar. This development raises the fundamental questions about the conduct of future fiscal policy and its contribution to economic growth.
Main Author: | |
---|---|
Format: | Report biblioteca |
Language: | English en_US |
Published: |
Washington, DC
2011-01-24
|
Subjects: | FISCAL POLICY, DEFICIT, FISCAL STABILITY, POLITICAL CRISIS, INFLATION, PUBLIC INVESTMENT PROGRAM, GOVERNMENT SPENDING, FISCAL REVENUES, VALUE ADDED TAX, SIZE OF GOVERNMENT, GROSS DOMESTIC PRODUCT, PUBLIC SECTOR, PRIVATE SECTOR, ECONOMIC GROWTH, PHYSICAL CAPITAL, HUMAN CAPITAL, |
Online Access: | http://documents.worldbank.org/curated/en/437881468087883912/Madagascar-economic-update-fiscal-policy-managing-the-present-with-a-look-at-the-future https://hdl.handle.net/10986/27249 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
dig-okr-1098627249 |
---|---|
record_format |
koha |
spelling |
dig-okr-10986272492024-08-08T15:36:03Z Madagascar Economic Update, January 2011 Fiscal Policy - Managing the Present with a Look at the Future World Bank FISCAL POLICY DEFICIT FISCAL STABILITY POLITICAL CRISIS INFLATION PUBLIC INVESTMENT PROGRAM GOVERNMENT SPENDING FISCAL REVENUES VALUE ADDED TAX SIZE OF GOVERNMENT GROSS DOMESTIC PRODUCT PUBLIC SECTOR PRIVATE SECTOR ECONOMIC GROWTH PHYSICAL CAPITAL HUMAN CAPITAL At the end of 2010, the fiscal situation appears under control with a relatively small deficit estimated around 2 percent of Gross Domestic Product (GDP). This is good news in a country that still suffers from uncertainty about its political future. Yet, this fiscal stability was the result of a severe decline in public spending that accumulated for only 12 percent of GDP-one of the lowest ratios in the world. The weak share of public investment has become especially alarming, because it may further exacerbate the existing deficiencies in both physical and human capital that are observed in Madagascar. This development raises the fundamental questions about the conduct of future fiscal policy and its contribution to economic growth. 2017-06-16T16:45:27Z 2017-06-16T16:45:27Z 2011-01-24 Report Rapport Informe http://documents.worldbank.org/curated/en/437881468087883912/Madagascar-economic-update-fiscal-policy-managing-the-present-with-a-look-at-the-future https://hdl.handle.net/10986/27249 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf text/plain Washington, DC |
institution |
Banco Mundial |
collection |
DSpace |
country |
Estados Unidos |
countrycode |
US |
component |
Bibliográfico |
access |
En linea |
databasecode |
dig-okr |
tag |
biblioteca |
region |
America del Norte |
libraryname |
Biblioteca del Banco Mundial |
language |
English en_US |
topic |
FISCAL POLICY DEFICIT FISCAL STABILITY POLITICAL CRISIS INFLATION PUBLIC INVESTMENT PROGRAM GOVERNMENT SPENDING FISCAL REVENUES VALUE ADDED TAX SIZE OF GOVERNMENT GROSS DOMESTIC PRODUCT PUBLIC SECTOR PRIVATE SECTOR ECONOMIC GROWTH PHYSICAL CAPITAL HUMAN CAPITAL FISCAL POLICY DEFICIT FISCAL STABILITY POLITICAL CRISIS INFLATION PUBLIC INVESTMENT PROGRAM GOVERNMENT SPENDING FISCAL REVENUES VALUE ADDED TAX SIZE OF GOVERNMENT GROSS DOMESTIC PRODUCT PUBLIC SECTOR PRIVATE SECTOR ECONOMIC GROWTH PHYSICAL CAPITAL HUMAN CAPITAL |
spellingShingle |
FISCAL POLICY DEFICIT FISCAL STABILITY POLITICAL CRISIS INFLATION PUBLIC INVESTMENT PROGRAM GOVERNMENT SPENDING FISCAL REVENUES VALUE ADDED TAX SIZE OF GOVERNMENT GROSS DOMESTIC PRODUCT PUBLIC SECTOR PRIVATE SECTOR ECONOMIC GROWTH PHYSICAL CAPITAL HUMAN CAPITAL FISCAL POLICY DEFICIT FISCAL STABILITY POLITICAL CRISIS INFLATION PUBLIC INVESTMENT PROGRAM GOVERNMENT SPENDING FISCAL REVENUES VALUE ADDED TAX SIZE OF GOVERNMENT GROSS DOMESTIC PRODUCT PUBLIC SECTOR PRIVATE SECTOR ECONOMIC GROWTH PHYSICAL CAPITAL HUMAN CAPITAL World Bank Madagascar Economic Update, January 2011 |
description |
At the end of 2010, the fiscal situation
appears under control with a relatively small deficit
estimated around 2 percent of Gross Domestic Product (GDP).
This is good news in a country that still suffers from
uncertainty about its political future. Yet, this fiscal
stability was the result of a severe decline in public
spending that accumulated for only 12 percent of GDP-one of
the lowest ratios in the world. The weak share of public
investment has become especially alarming, because it may
further exacerbate the existing deficiencies in both
physical and human capital that are observed in Madagascar.
This development raises the fundamental questions about the
conduct of future fiscal policy and its contribution to
economic growth. |
format |
Report |
topic_facet |
FISCAL POLICY DEFICIT FISCAL STABILITY POLITICAL CRISIS INFLATION PUBLIC INVESTMENT PROGRAM GOVERNMENT SPENDING FISCAL REVENUES VALUE ADDED TAX SIZE OF GOVERNMENT GROSS DOMESTIC PRODUCT PUBLIC SECTOR PRIVATE SECTOR ECONOMIC GROWTH PHYSICAL CAPITAL HUMAN CAPITAL |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Madagascar Economic Update, January 2011 |
title_short |
Madagascar Economic Update, January 2011 |
title_full |
Madagascar Economic Update, January 2011 |
title_fullStr |
Madagascar Economic Update, January 2011 |
title_full_unstemmed |
Madagascar Economic Update, January 2011 |
title_sort |
madagascar economic update, january 2011 |
publisher |
Washington, DC |
publishDate |
2011-01-24 |
url |
http://documents.worldbank.org/curated/en/437881468087883912/Madagascar-economic-update-fiscal-policy-managing-the-present-with-a-look-at-the-future https://hdl.handle.net/10986/27249 |
work_keys_str_mv |
AT worldbank madagascareconomicupdatejanuary2011 AT worldbank fiscalpolicymanagingthepresentwithalookatthefuture |
_version_ |
1807157057851228160 |