Madagascar economy

【Ilakaka, Mad】Madagascar’s Sapphires: Abundant Reserves and Rising Prices, but Meager Profits for Miners

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Editor’s NoteThis article examines the paradox of Madagascar’s sapphire wealth amid deep national poverty. While global demand fuels a lucrative…

【Ilakaka, Mad】In Madagascar, the Convicts of the Sapphire Economy

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Editor’s NoteThis article explores the remarkable origin of Ilakaka, a town in southern Madagascar that emerged almost overnight following the 1998…