Madagascar Economics By Sam Lombardo, Danny Holmes, and Sean Hartke.

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Presentation transcript:

Madagascar Economics By Sam Lombardo, Danny Holmes, and Sean Hartke

Monetary Unit Malagasy Ariary y/2007/12/malagasyhttp://africa.gm/_librar y/2007/12/malagasy- franc-s.jpg

Exchange Rate and Capita Income Thursday, November 19, 2009 : 1 US Dollar = 1, Malagasy Ariary 1 Malagasy Ariary (MGA) = US Dollar (USD) U.S. Capita Income: $47,500 estimate (2008) Madagascar Capita Income: $1,000 estimate (2008)

Prices Item:U.S. PriceMadagascar Price Potatoes (1, 10 lb. bag) 3.00 (Nov. 23, 2009) 5, (Nov. 23, 2009) Sugar (4 lb.)2.50 (Nov. 23, 2009) 4, (Nov. 23, 2009) Coffee (1 kg)3.96 (Nov. 30, 2009) 7, (Nov. 30, 2009) Premium Gasoline (1 Gallon) 2.88 (Nov. 18, 2009) 5, (Nov. 18, 2009)

Main Goods Produce: coffee, vanilla, sugarcane, cloves, cocoa, rice, cassava (tapioca), beans, bananas, peanuts; livestock products. Exports: coffee, vanilla, shellfish, sugar, cotton cloth, chromite, petroleum products

Main Goods Continued Mica Fish GraphiteChromite CoalBauxite Salt Tar Sands Semi- Precious Stones uk/jo/minerals/pix/mica 8.jpghttp://gwydir.demon.co. uk/jo/minerals/pix/mica 8.jpg -mica oalBituminous.jpghttp:// oalBituminous.jpg coal wordpress.com/2 009/03/bauxite.jp ghttp://cubia.files. wordpress.com/2 009/03/bauxite.jp g bauxite solutions.com/wp - content/images/S ea%20Salt_1.jpg solutions.com/wp - content/images/S ea%20Salt_1.jpg salt marble.com/blog/wp- content/uploads/2009/09/tar- sands-in-hands1.jpghttp://one-blue- marble.com/blog/wp- content/uploads/2009/09/tar- sands-in-hands1.jpg tar sand ghts/9HRSJUQM1Semiprecious -Stones.jpghttp://img1.tradeget.com/gemhei ghts/9HRSJUQM1Semiprecious -Stones.jpg stones rals/chromite.jpghttp://tasaclips.com/photos/mine rals/chromite.jpg chromite aphite/graphite.jpghttp:// aphite/graphite.jpg graphite alth.com/Notes/Image s/Food_Guide/Trout.j pghttp:// alth.com/Notes/Image s/Food_Guide/Trout.j pg fish

Citations "Madagascar Currency Converter." Greenwich Meantime. 04 Mar Web. 21 Nov "World Fact Book." Cia. Web. 21 Nov "Weekly Retail Premium Gasoline Prices." Energy Information Administration. 01 Dec Web. 18 Nov "CIA-The World Factbook- Africa: Madagascar." CIA. Web. 21 Nov "Weekly Ads." Schnucks. 30, Nov Web. 30 Nov "Weekly Advertisment." Shop'n Save Web. 30 Nov "Madagascar Excellence Roasted Coffee." Alibaba. Web. 30 Nov "Madagascar Natural Resources." indexmundi. Web. 21 Nov

THE END!!! Thanks for watching!