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François Roubaud

Tracking the Cost of Living in Madagascar

by Florent Bédécarrats, Flore Dazet, Isabelle Guérin, Mireille Razafindrakoto and François Roubaud

Measuring the cost of living is crucial to understanding a country’s economic, social, and political fabric. Yet, it is fraught with complexities and controversies that stem from the diverse interpretations of “cost,” which involve values, technical capabilities, resources, and power dynamics. Despite its limitations, the Consumer Price Index (CPI) is often employed as the main proxy of living costs, thereby both reflecting and shaping...

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