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The economic system of Madagascar has largely remained extractive rather than developmental, leaving the population vulnerable to global crises and natural disasters.
“Although Madagascar became independent from France in 1960, the entire economic system of the country still basically operated like a colony. Instead of developing local industries that would benefit its people, Madagascar's economy was still largely based on extracting natural resources”
History of Everything Podcast · Nov 2025 · 1 episode · 117K views on this topicExtracted by a model; may misattribute who said what.