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Déterminants et Modèles d’Estimation des Investissements Directs Étrangers à Madagascar

Author

Listed:
  • Lazanoe Rajamarison

    (Université de Toliara - Université de Toliara)

  • Njakanasandratra Rajaonarison

    (MEF - Ministère de l'économie et des finances, Madagascar, Université d’Antananarivo, Faculté de Droit, d’Economie, de Gestion et de Sociologie Ankatso, 101 Madagascar)

Abstract

This document examines the determinants of foreign direct investment (FDI) in Madagascar, a country where FDI is crucial to offset the low levels of domestic savings and investment. It highlights the key role FDI plays in industrialization, exports, and macroeconomic stability. The study identifies attractive factors such as GDP growth, economic openness, and an improved business climate, while also pointing out barriers like political instability and structural deficiencies. Using econometric modeling based on national data, the article provides recommendations to enhance the country's attractiveness and improve the effectiveness of economic policies aimed at attracting FDI flows.

Suggested Citation

  • Lazanoe Rajamarison & Njakanasandratra Rajaonarison, 2025. "Déterminants et Modèles d’Estimation des Investissements Directs Étrangers à Madagascar," Post-Print hal-04872865, HAL.
    • Handle: RePEc:hal:journl:hal-04872865
    Note: View the original document on HAL open archive server: https://hal.science/hal-04872865v1
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    References listed on IDEAS

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    1. Taylor, Mark P & Sarno, Lucio, 1997. "Capital Flows to Developing Countries: Long- and Short-Term Determinants," The World Bank Economic Review, World Bank, vol. 11(3), pages 451-470, September.
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