01767cas a2200301 a 4500 AALejournalIMF005261 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451809480 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Cape Verde : Selected Issues. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (25 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 Selected Issues paper examines macroeconomic challenges for a highly tourism-based economy such as Cape Verde. The changing structure of Cape Verde's balance-of-payments financing calls for a closer look at the volatility of remittances and their role as an absorber of economic shocks. The paper finds that compared with other external inflows, remittances continue to be a reliable source of foreign financing, but they are declining in importance. It also shows that this influence seems to be gradually fading, and remittances are becoming increasingly procyclical. Mode of access: Internet Cape Verde Exchange Rate Regime imf CR imf Growth Cycle imf ISCR imf Years Remittance imf IMF Staff Country Reports; Country Report ; No. 2008/243 Full text available on IMF http://elibrary.imf.org/view/journals/002/2008/243/002.2008.issue-243-en.xml IMF e-Library