Cape Verde : Selected Issues and Statistical Appendix

Author/Editor:

International Monetary Fund

Publication Date:

September 6, 2005

Electronic Access:

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Summary:

The Selected Issues paper and Statistical Appendix on Cape Verde review determinants of emigrant deposits (ED). EDs have provided a substantial source of foreign exchange to the Cape Verdean economy, and have been vital in maintaining the fixed exchange rate. Prospects for growth in Cape Verde are improving and immigration legislation abroad is tightening. Both trends argue against further accumulation of ED. Among the developments in favor of ED, of considerable importance is their past stability, the limited convertibility of deposits, the favorable business outlook, and the stable political climate.

Series:

Country Report No. 05/319

Subject:

English

Publication Date:

September 6, 2005

ISBN/ISSN:

9781451956092/1934-7685

Stock No:

1CPVEA2005004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

80

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