Madagascar: Conclusion and Recommendations

The report argues that Madagascar's current economic growth prospects are insufficient for inclusive development due to structural constraints. It recommends strengthening democratic institutions, improving macroeconomic governance through reduced tax exemptions, and investing in agriculture and human capital. To ensure long-term sustainability, the document suggests diversifying into eco-tourism, leveraging the African Continental Free Trade Agreement (AfCFTA), and scaling up renewable energy investments, specifically solar and hydro, to reduce fossil fuel dependence.

• Madagascar's current economic growth prospects are sound but insufficient to achieve inclusive growth and sustainable development or significant poverty reduction due to structural constraints and vulnerabilities.
• Improving governance and political stability requires strengthening democratic institutions via independent electoral bodies, implementing anti-corruption measures, and rebuilding investor confidence to attract foreign direct investment.
• Macroeconomic governance should be improved by reducing tax exemptions, strengthening customs and tax administration, and managing inflation, particularly regarding food prices.
• Long-term transformation depends on investing in human capital, including increasing health and education expenditure, expanding rural infrastructure, and promoting a demographic dividend through family planning to meet 2030 Sustainable Development Goal targets for infant and under-five mortality.
• Economic growth and resilience can be driven by diversifying into sustainable sectors like eco-tourism, utilizing the African Continental Free Trade Agreement (AfCFTA), and scaling up renewable energy projects, specifically solar and hydro, to lower fossil fuel dependence.

APA

McLachlan, D. T., & Bello-Schünemann, J. (2026). Madagascar: Conclusion and Recommendations. Institute for Security Studies. https://futures.issafrica.org/geographic/guide.pdf?geography=MG&topic=05-conclusion

Chicago

McLachlan, Du Toit, and Julia Bello-Schünemann. Madagascar: Conclusion and Recommendations. Institute for Security Studies, 2026. https://futures.issafrica.org/geographic/guide.pdf?geography=MG&topic=05-conclusion.

Wikipedia

{{cite report |last1=McLachlan |first1=Du Toit |last2=Bello-Schünemann |first2=Julia |title=Madagascar: Conclusion and Recommendations |publisher=Institute for Security Studies |date=31 May 2026 |url=https://futures.issafrica.org/geographic/guide.pdf?geography=MG&topic=05-conclusion |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{mclachlan2026madagascar, author = {McLachlan, Du Toit and Bello-Schünemann, Julia}, title = {{Madagascar: Conclusion and Recommendations}}, institution = {Institute for Security Studies}, year = {2026}, month = may, url = {https://futures.issafrica.org/geographic/guide.pdf?geography=MG&topic=05-conclusion}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }