Madagascar
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About
Madagascar
Madagascar
Population: 17,501,871 (July 2004 est.)
Languages: French (official), Malagasy (official).
Capital: Antananarivo
Government Type: Republic
Independence Day: 26 June 1960 (from France)
Legal System: Based on French civil law system and traditional
Malagasy law; has not accepted compulsory ICJ jurisdiction.
Currency: Malagasy franc (MGF)
Executive
Branch:
Chief
of State: President Marc RAVALOMANANA (since 6 May 2002).
Head of Government: Prime Minister Jacques SYLLA (27 May 2002).
American
Embassy: 14-16 Rue Rainitovo, Antsahavola, Antananarivo 101
Mailing Address: B. P. 620, Antsahavola, Antananarivo
Telephone: [261] (20) 22-212-57, 22-212-73, 22-209-56 FAX: [261]
(20) 22-345-39
General Overview: Formerly an independent kingdom, Madagascar
became a French colony in 1896, but regained its independence
in 1960. During 1992-93, free presidential and National Assembly
elections were held, ending 17 years of single-party rule. In
1997, in the second presidential race, Didier RATSIRAKA, the
leader during the 1970s and 1980s, was returned to the presidency.
The 2001 presidential election was contested between the followers
of Didier RATSIRAKA and Marc RAVALOMANANA, nearly causing secession
of half of the country. In April 2002, the High Constitutional
Court announced RAVALOMANANA the winner.
Economic
Overview: Having discarded past socialist economic policies,
Madagascar has since the mid 1990s followed a World Bank and
IMF led policy of privatization and liberalization. This strategy
has placed the country on a slow and steady growth path from
an extremely low level. Agriculture, including fishing and forestry,
is a mainstay of the economy, accounting for more than one-fourth
of GDP and employing four-fifths of the population. Exports
of apparel have boomed in recent years primarily due to duty-free
access to the United States. Deforestation and erosion, aggravated
by the use of firewood as the primary source of fuel are serious
concerns. President RAVALOMANANA has worked aggressively to
revive the economy following the 2002 political crisis, which
triggered a 12% drop in GDP that year. Poverty reduction and
combating corruption will be the centerpieces of economic policy
for the next few years.
International
Disputes: Claims Bassas da India, Europa Island, Glorioso Islands,
and Juan de Nova Island (all administered by France).
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