Cabo Verde Economic Update, March 2024
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Washington, DC: World Bank
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Descripción
Cabo Verde’s economy has recovered
well from the significant challenges of the COVID-19
pandemic. However, the pandemic highlighted the country’s
inherent vulnerabilities, which include the economy’s heavy
reliance on tourism, lack of shock buffers, and the risks
posed by underperforming SOEs. Climate change impacts are
adding to these vulnerabilities. Against this backdrop, this
Economic Update reviews the state of the economy in 2023,
and projects forward to 2024 to assess the short-term
outlook, making policy recommendations for macroeconomic
strengthening. It also looks in depth at the potential
embodied in the blue economy – the ocean, fisheries and
aquaculture – for diversifying Cabo Verde’s economy and
increasing its resilience, offering policy options for
making the most of this potential.
Palabras clave
BLUE ECONOMY, CLIMATE CHANGE, AQUACULTURE, FISHERIES, SDG 13, SDG 14