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
“The
global crisis is not just a problem with mortgage systems and the regulation of
banks in one country with a domino effect into many others. It also forces
universities and business schools to ask questions about the nature of business
and management education, and the issues of ethics we incorporate.”
–Max Price, Vice-Chancellor of the University of Cape Town