TY - BOOK ID - 133620505 TI - Informality and Growth in Madagascar : Republic of Madagascar AU - Afavi, Ghislain. AU - Agossou, Coffi. AU - Benlamine, Mokhtar. AU - Rasoamanana, Ialy. AU - Razafinisoa, Nombàna. AU - Salins, Veronique. PY - 2023 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Money and Monetary Policy KW - International Economics KW - Labor KW - Production and Operations Management KW - Macroeconomics KW - Monetary Policy KW - International Agreements and Observance KW - International Organizations KW - Production KW - Cost KW - Capital and Total Factor Productivity KW - Capacity KW - Employment KW - Unemployment KW - Wages KW - Intergenerational Income Distribution KW - Aggregate Human Capital KW - Aggregate Labor Productivity KW - Informal Economy KW - Underground Econom KW - Formal and Informal Sectors KW - Shadow Economy KW - Institutional Arrangements KW - Informal Labor Markets KW - Labor Economics: General KW - Monetary economics KW - International institutions KW - Labour KW - income economics KW - Economics of specific sectors KW - Monetary policy KW - International organization KW - Total factor productivity KW - Informal employment KW - Informal economy KW - Economic sectors KW - International agencies KW - Economic theory KW - Industrial productivity KW - Labor economics KW - Informal sector KW - Economics KW - Madagascar, Republic of KW - Income economics UR - https://www.unicat.be/uniCat?func=search&query=sysid:133620505 AB - This chapter investigates the link between informality and growth in Madagascar and aims for a better understanding of the informal sector. It provides an analysis of the characteristics of informal production units and informal employment. Findings suggest that informality is a key feature of economic activity in Madagascar, and that informal production units are the main driver of employment with a deep concentration around self-employment. Overall, informality is associated with a lack of awareness of administrative procedures and the complexity and cost of tax and regulatory measures. The informal sector’s Total Factor Productivity (TFP) growth is more stable and higher on average than the formal sector TFP. ER -