Republic of Madagascar, and previously known as the Malagasy Republic, is an island country in the Indian Ocean, approximately 400 kilometres off the coast of East Africa across the Mozambique Channel. It is the world's second-largest island country, after Indonesia. The nation consists of the island of Madagascar (the fourth-largest island in the world) and numerous smaller peripheral islands. Following the prehistoric breakup of the supercontinent Gondwana
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Economy:
It is a market economy and is supported by Madagascar's well-established agricultural industry and emerging tourism, textile and mining industries. Malagasy agriculture produces tropical staple crops such as rice and cassava, as well as cash crops such as vanilla and coffee. Its wealth of natural resources supports its sizable mining industry. Additionally, Madagascar's status as a developing nation exempts Malagasy exports from customs protocol in some areas, the US and the EU
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madagascar
