Cape Verde: Growth and Poverty Reduction Strategy Paper II (2008-11) Joint Staff Advisory Note
IMF Staff Country Reports, July 24, 2008
Source details
- Canonical URL
- Cape Verde: Growth and Poverty Reduction Strategy Paper II (2008-11) Joint Staff Advisory Note
Other formats
Bibliographic details
- Published: July 24, 2008
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451809497.002
Summary
- Focus: Joint Staff Advisory Note on the Poverty Reduction Strategy Paper–II for Cape Verde.
- Main point: Important progress was made in poverty reduction, but rural poverty still remains high.
- Millennium Development Goal status: The strategy reports that Cape Verde is on track to meet the Millennium Development Goal of halving extreme poverty by 2015.
- Remaining challenge: The gap between urban and rural income growth is still wide; efforts to raise rural incomes further and a more effective design of social inclusion programs are needed.
Major findings
- Progress in poverty reduction has been important and measurable.
- Rural poverty remains high despite overall progress.
- Urban-rural income growth disparity persists and is sizable enough to warrant targeted interventions.
Policy implications and recommendations
- Raise rural incomes further through targeted policies and programs.
- Design more effective social inclusion programs to address remaining pockets of poverty and to close the urban-rural income gap.
Subject areas and keywords
- Subject: Economic sectors, Education, National accounts, Poverty
- Keywords: CR, Energy sector, Global, Infrastructure, ISCR, monetary management, open economy, outcome indicator, poverty diagnosis, poverty pocket, Poverty reduction, Poverty reduction strategy, reduction expenditure, state, Sub-Saharan Africa
Source: Cape Verde: Growth and Poverty Reduction Strategy Paper II (2008-11) Joint Staff Advisory Note, July 24, 2008.
Content in this bundle
- The Cape Verde authorities’ second Growth and Poverty Reduction Strategy