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150128 ||| eng |
| 020 |
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|a 9781451809480
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| 245 |
0 |
0 |
|a Cape Verde
|b Selected Issues
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2008
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| 300 |
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|a 25 pages
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| 653 |
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|a International economics
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| 653 |
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|a Hospitality, leisure & tourism industries
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| 653 |
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|a Restaurants
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| 653 |
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|a Tourism
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| 653 |
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|a International finance
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| 653 |
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|a Currency
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| 653 |
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|a Recreation
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| 653 |
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|a Balance of payments
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| 653 |
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|a Sports
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| 653 |
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|a Foreign exchange
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| 653 |
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|a Remittances
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| 653 |
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|a Exports and Imports
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| 653 |
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|a Industries: Hospital,Travel and Tourism
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| 653 |
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|a Gambling
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| 653 |
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|a Foreign Exchange
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| 653 |
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|a Economic sectors
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| 710 |
2 |
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|a International Monetary Fund
|
| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
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|a IMF Staff Country Reports
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| 028 |
5 |
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|a 10.5089/9781451809480.002
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| 856 |
4 |
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|u https://elibrary.imf.org/view/journals/002/2008/243/002.2008.issue-243-en.xml?cid=22195-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a This Selected Issues paper examines macroeconomic challenges for a highly tourism-based economy such as Cape Verde. The changing structure of Cape Verde's balance-of-payments financing calls for a closer look at the volatility of remittances and their role as an absorber of economic shocks. The paper finds that compared with other external inflows, remittances continue to be a reliable source of foreign financing, but they are declining in importance. It also shows that this influence seems to be gradually fading, and remittances are becoming increasingly procyclical
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