Cape Verde : Recent Economic Developments.

This paper describes economic developments in Cape Verde during 1990-96. After a noticeable slowdown during 1989-91, the Cape Verdean economy rebounded in 1992 and continued to expand in 1993-95, prompted by a sustained increase in public spending and the positive effects of a liberalization of econ...

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Bibliografische gegevens
Coauteur: International Monetary Fund
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 1996.
Reeks:IMF Staff Country Reports; Country Report ; No. 1996/103
Online toegang:Full text available on IMF
Omschrijving
Samenvatting:This paper describes economic developments in Cape Verde during 1990-96. After a noticeable slowdown during 1989-91, the Cape Verdean economy rebounded in 1992 and continued to expand in 1993-95, prompted by a sustained increase in public spending and the positive effects of a liberalization of economic activities. Real GDP growth averaged 4 percent during 1992-95, but domestic, economic, and financial developments were characterized by increasing imbalances. Total government expenditure increased rapidly, reaching on average 60.1 percent of GDP in 1994-95, far outpacing any growth in domestic revenues and external grants.
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Fysieke beschrijving:1 online resource (141 pages)
Formaat:Mode of access: Internet
ISSN:1934-7685
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