01662cas a2200241 a 4500 AALejournalIMF000057 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451809237 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Cape Verde : Recent Economic Developments. Washington, D.C. : International Monetary Fund, 1996. 1 online resource (141 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper describes economic developments in Cape Verde during 1990-96. After a noticeable slowdown during 1989-91, the Cape Verdean economy rebounded in 1992 and continued to expand in 1993-95, prompted by a sustained increase in public spending and the positive effects of a liberalization of economic activities. Real GDP growth averaged 4 percent during 1992-95, but domestic, economic, and financial developments were characterized by increasing imbalances. Total government expenditure increased rapidly, reaching on average 60.1 percent of GDP in 1994-95, far outpacing any growth in domestic revenues and external grants. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1996/103 Full text available on IMF http://elibrary.imf.org/view/journals/002/1996/103/002.1996.issue-103-en.xml IMF e-Library