After a decade of slow but steady economic
revival, Madagascar's progress is once again threatened by political conflict.
A very poor country, it has one of the fastest rates of population growth in
the world, at current rates doubling every 27 years which may compound the
already massive deforestation. Apparel is a key industry and tourism remains an
important part of the economy. Through the IFC, GBSN explored ways of
strengthening the tourism sector through improved management.
Food for Thought
“One of the often-overlooked determinants of absorptive capacity is management and business talent.”
- Guy Pfeffermann, “Give Africa's B-Schools A Boost”, Business Week, December 26, 2005