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Record Nr. |
UNINA9910463506103321 |
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Titolo |
Cabo Verde : 2014 article IV consultation-staff report; press release; and statement by the Executive Director for Cabo Verde / / International Monetary Fund |
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Pubbl/distr/stampa |
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Washington, District of Columbia : , : International Monetary Fund, , 2014 |
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©2014 |
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ISBN |
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1-4843-7295-6 |
1-4843-8786-4 |
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Descrizione fisica |
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1 online resource (80 p.) |
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Collana |
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IMF Country Report ; ; Number 14/296 |
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Disciplina |
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Soggetti |
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Economic development - Cabo Verde |
Financial risk management - Cabo Verde |
Electronic books. |
Cabo Verde Economic conditions |
Cabo Verde Economic policy |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di contenuto |
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Cover; CONTENTS; DEVELOPMENTS AND CHALLENGES AHEAD; A. The Long-Term Setting; B. Current Conditions; C. External Assessment; BOXES; 1. External Stability Assessment; D. Outlook and Risks; 2. NPLs and Economic Growth; POLICY DISCUSSIONS; A. Balancing Fiscal Consolidation with Support for Long-Term Growth; B. Balancing a Strong Peg with Support for the Recovery; C. Reinforcing Financial Stability through the Economic Downturn; 3. Cabo Verde's Financial Stability Report; D. Bolstering Competitiveness to Sustain Inclusive Growth; STAFF APPRAISAL; FIGURES; 1. Recent Economic Developments |
2. Monetary Developments and Credit Growth3. Cabo Verde's Performance Compared to Small Middle-Income SSA Peers; TABLES; 1. Selected Economic Indicators, 2011-17; 2. Balance of Payments, 2011-17; 3a. Statement of Operations of the Central Government, 2011-17; 3b. Statement of Operations of the Central Government, 2011-17; 4a. Monetary Survey, 2011-17; 4b. Central Bank Survey, 2011-17; 4c. |
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Deposit Money Bank Survey, 2011-17; 5. Financial Soundness of the Banking Sector, 2009-13; 6. Implementation Status for the Recommendations of the 2009 FSAP; 7. Risks Assessment Matrix |
8. Millennium Development GoalsAPPENDIX; Raising Potential Growth in Cabo Verde |
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Sommario/riassunto |
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KEY ISSUESContext: Over the last two decades, good governance and sound macroeconomic management have delivered remarkable economic and social progress to Cabo Verde. More recently, however, growth has slowed due to the prolonged downturn in Europe and a sharp deterioration in domestic confidence. A longer-term decline in the contribution of total factor productivity to growth may also have played a role. Financial stability risks have increased with the rise in non-performing loans and fall in bank profitability. The country remains vulnerable to external shocks, given its dependence on touri |
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