IDEAS home Printed from https://ideas.repec.org/p/imf/imfscr/2008-243.html
   My bibliography  Save this paper

Cape Verde: Selected Issues

Author

Listed:
  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2008. "Cape Verde: Selected Issues," IMF Staff Country Reports 2008/243, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2008/243
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=22195
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Giuliano, Paola & Ruiz-Arranz, Marta, 2009. "Remittances, financial development, and growth," Journal of Development Economics, Elsevier, vol. 90(1), pages 144-152, September.
    2. International Monetary Fund, 2005. "Samoa: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2005/221, International Monetary Fund.
    3. International Monetary Fund, 2006. "Determinants of Emigrant Deposits in Cape Verde," IMF Working Papers 2006/132, International Monetary Fund.
    4. Mrs. Poonam Gupta, 2005. "Macroeconomic Determinants of Remittances: Evidence from India," IMF Working Papers 2005/224, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Roy, Arup, 2023. "Nexus between economic growth, external debt, oil price, and remittances in India: New insight from novel DARDL simulations," Resources Policy, Elsevier, vol. 83(C).
    2. Kalaj, Ermira Hoxha, 2010. "Remittances and Human Capital Investment: Evidence from Albania," MPRA Paper 49210, University Library of Munich, Germany.
    3. Siti Mas’udah, 2020. "Remittances and Lifestyle Changes Among Indonesian Overseas Migrant Workers’ Families in Their Hometowns," Journal of International Migration and Integration, Springer, vol. 21(2), pages 649-665, June.
    4. Okayo Alphonsine COULIBALY, 2016. "Les Motivations Microéconomiques Des Transferts De Fonds Au Burkina Faso : La Culture Est-Elle Déterminante ?," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 43, pages 187-208.
    5. Aysit Tansel & Pinar Yasar, 2010. "Macroeconomic impact of remittances on output growth: Evidence from Turkey," Migration Letters, Migration Letters, vol. 7(2), pages 132-143, October.
    6. Shujaat Abbas, 2016. "Remittances Flow to Pakistan: A Gravity Approach," Journal Transition Studies Review, Transition Academia Press, vol. 23(1), pages 97-106.
    7. Michael, Owiso, 2008. "Literature Review: Migration, Remittances and Development," MPRA Paper 104988, University Library of Munich, Germany, revised 2008.
    8. Lim, Sokchea & Morshed, A.K.M. Mahbub & Turnovsky, Stephen J., 2023. "Endogenous labor migration and remittances: Macroeconomic and welfare consequences," Journal of Development Economics, Elsevier, vol. 163(C).
    9. Miguel D. Ramirez & Hari Sharma, 2009. "Remittances and Growth in Latin America: A Panel Unit Root and Panel Cointegration Analysis," Estudios Economicos de Desarrollo Internacional, Euro-American Association of Economic Development, vol. 9(1).
    10. Zakiyyah, Varachia, 2018. "Literature Review of Migration and Development," MPRA Paper 106444, University Library of Munich, Germany, revised 2018.
    11. MITSUI, Izumi, 2019. "A Literature Review of Economic Diaspora," MPRA Paper 109115, University Library of Munich, Germany, revised 2019.
    12. Cooray Arusha & Mallick Debdulal, 2013. "International business cycles and remittance flows," The B.E. Journal of Macroeconomics, De Gruyter, vol. 13(1), pages 515-547, September.
    13. Bichaka Fayissa & Christian Nsiah, 2012. "Financial Development and Remittances in Africa and the Americas: A Panel Unit-Root Tests and Panel Cointegration Analysis," Working Papers 201201, Middle Tennessee State University, Department of Economics and Finance.
    14. David, Blight, 2017. "Literature Review on International Migration: Development Perspectives," MPRA Paper 106312, University Library of Munich, Germany, revised 2017.
    15. Neagu , Ileana C. & Schiff, Maurice, 2009. "Remittance stability, cyclicality and stabilizing impact in developing countries," Policy Research Working Paper Series 5077, The World Bank.
    16. Christidis, Les, 2008. "Literature Review on Migration and Remittances Development," MPRA Paper 105237, University Library of Munich, Germany, revised 2008.
    17. Carmen, Maria del, 2018. "Economic Migration and Diaspora: A Literature Review," MPRA Paper 109498, University Library of Munich, Germany, revised 2018.
    18. Marta Ruiz-Arranz & Mr. Erik Lueth, 2007. "Are Workers' Remittances a Hedge Against Macroeconomic Shocks? the Case of Sri Lanka," IMF Working Papers 2007/022, International Monetary Fund.
    19. Miguel Ramirez, 2013. "Do Financial and Institutional Variables Enhance the Impact of Remittances on Economic Growth in Latin America and the Caribbean? A Panel Cointegration Analysis," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 19(3), pages 273-288, August.
    20. Flippo, Behnaz, 2009. "A Literature Review: Migration and Remittances," MPRA Paper 104877, University Library of Munich, Germany, revised 2009.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfscr:2008/243. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.