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Cabo Verde - Systematic Country Diagnostic : Adjusting the Development Model to Revive Growth and Strengthen Social Inclusion (Portuguese)

Cabo Verde’s economic achievements over the last thirty years have been spectacular and are unprecedented on the African continent. These achievements are remarkable given the unique challenges the country faces due to its small size, lack of scale for production of goods and delivery of economic and social services, remoteness, geographical dispersion, environmental fragility, and high exposure to shocks. This Systematic Country Diagnostic (SCD) presents an assessment of the main opportunities and constraints for achieving the World Bank’s twin goals in Cabo Verde. It assesses the pathways for reducing extreme poverty and raising the welfare of the poorest forty percent of the population in a sustainable manner, and identifies the main constraints for operationalizing these. The SCD is based on a review of existing documents, analysis of available data, and in-country discussions and expert interviews that took place during 2016 and 2017. The SCD focuses on the country’s development potential and challenges to meeting the objectives of poverty reduction and shared posterity. It lays the ground for the program of collaboration between Cabo Verde and the World Bank Group, namely the 2018–2021 country partnership framework.

Details

  • Document Date

    2018/01/01

  • Document Type

    Systematic Country Diagnostic

  • Report Number

    130289

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Cabo Verde,

  • Region

    Africa,

  • Disclosure Date

    2018/11/08

  • Disclosure Status

    Disclosed

  • Doc Name

    Adjusting the Development Model to Revive Growth and Strengthen Social Inclusion

  • Keywords

    public-private partnership; high level of development assistance; World Travel and Tourism Council; public private partnership; small and medium enterprise; present value of debt; small island developing states; public investment in infrastructure; annual population growth rate; efficiency of government spending; targeted poverty reduction programs; life expectancy at birth; Micro and Small Enterprises; objective of poverty reduction; binding constraint; global financial crisis; extreme poverty; economies of scale; foreign direct investment; Rule of Law; fast economic growth; high public debt; quality of investment; gross domestic product; sovereign debt crisis; tourism sector; Solid Waste Management; purchasing power parity; number of visitors; Tourism Supply Chain; effect of drought; improved water source; extremely poor people; information and communication; lack of skill; gross national income; risk of debt; deceleration in growth; incidence of poverty; domestic private sector; national poverty line; rural infrastructure investment; flow of remittance; working age population; total public debt; sea level rise; increase in remittance; extreme weather event; education and health; adequate water supply; high youth unemployment; drinking water cost; public wage bill; market for good; political economy study; quality of education; net secondary enrollment; climate change risk; Public Financial Management; attractive tourist destination; public sector performance; high unemployment rate; decline in poverty; construction of dam; quality of infrastructure; exchange rate movement; total factor productivity; access to water; niche products; high energy; real gdp; Labor Market; environmental regulation; living condition; tourist arrival; demographic dividend; Job Creation; tourism industry; foreign investor; drop-out rate; tourism receipts; Macroeconomic Stability; Public Spending; program leader; air transport; employment share; volcanic eruption; educated workforce; export structure; domestic economy; political stability; student retention; social inclusion; food poverty; regulatory regime; Land Ownership; education efficiency; Poverty Analysis; ict infrastructure; good governance; Demographic Transition; nonmonetary poverty; commercial interests; basic food; civil society; strategic location; small population; tourist market

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Citation

Cabo Verde - Systematic Country Diagnostic : Adjusting the Development Model to Revive Growth and Strengthen Social Inclusion (Portuguese). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/320521541698395488/Adjusting-the-Development-Model-to-Revive-Growth-and-Strengthen-Social-Inclusion