Search results
Results From The WOW.Com Content Network
Agriculture is critical to Madagascar's economy in that it provides nearly 80 percent of exports, constituting 33 percent of GDP in 1993, and in 1992 employed almost 80 percent of the labor force. Moreover, 50.7 percent (300,000 square kilometers) of the total landmass of 592,000 square kilometers supports livestock rearing, while 16 percent ...
Madagascar belongs to the group of least developed countries, according to the United Nations. [1] Ecotourism and agriculture, paired with greater investments in education, health, and private enterprise, are key elements of Madagascar's development strategy.
To support agricultural research and development in Eastern and Central Africa, [16] ASARECA works with a variety of regional and international partners. [17] The association fosters collaboration and information exchange among these institutes by working closely with the National Agricultural Research Systems (NARS) of its member nations. [ 5 ]
The economy of Madagascar is US$9.769 billion by gross domestic product as of 2020, being a market economy and is supported by an agricultural industry and emerging tourism, textile and mining industries. Malagasy agriculture produces tropical staple crops such as rice and cassava, as well as cash crops such as vanilla and coffee.
The island country of Madagascar remains plagued by political and economic instability, poverty, and food insecurity.While the country engaged in an ambitious transformation program designed to improve social, economic, and governance indicators between 2002 and 2008, a 2009 political crisis has thrown these improvements off-course.
A Peace Corps program was established on the island in 1992. Madagascar qualified for AGOA trade benefits in 2000. Madagascar became the first country with a Millennium Challenge Corporation compact when it signed an agreement worth $110 million in April 2005. [8] The Ravalomanana government was especially positive about ties with the United ...
Recent U.S. assistance has contributed to a population census and family planning programs; conservation of Madagascar's remarkable biodiversity, private sector development, agriculture, democracy and governance initiatives; and media training. Madagascar became the first country with a Millennium Challenge Account compact when it signed an ...
Madagascar is classified as a least developed country by the UN. [21] Ecotourism and agriculture, paired with greater investments in education, health and private enterprise, are key elements of its development strategy. Despite substantial economic growth since the early 2000s, income disparities have widened, and quality of life remains low ...