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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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1996.
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| Series: | IMF Staff Country Reports; Country Report ;
No. 1996/103 |
| Online Access: | Full text available on IMF |
| Summary: | 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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| Item Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Physical Description: | 1 online resource (141 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Access: | Electronic access restricted to authorized BRAC University faculty, staff and students |