Attracting Fdi to export processing zone : A potential tool to reverse poverty trend in Madagascar.

With 92% of poverty rate, Madagascar is one of the poorest countries in the world, a fragile state, and is more likely to remain LDC until 2025. Historically, investment in resource sector has been the main driver of economic growth. Unfortunately, it failed to result into significant poverty reduction while per capita income has been on declining trend since the early 1970s. In order to reverse this trend, productivity growth in nonresource sector is a key policy challe