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Why has the Malagasy economy not yet collapsed?

Jacques Morisset's picture

After almost one and half year of political instability, the economy is hurt but not dead. 

The formal private sector has revealed timid signs of recovery (far from pre-crisis levels) and the informal sector has been vibrant as the result of the good performance of the primary sector (mostly due to exceptional weather) and rising trade activities in urban centers. 

To see the full update on the Madagascar economy click here