Cabo Verde Economic Update, March 2024

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dc.creatorWorld Bank
dc.date2024-06-11T18:24:50Z
dc.date2024-06-11T18:24:50Z
dc.date2024-06-11
dc.date.accessioned2026-07-01T00:31:56Z
dc.descriptionCabo 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.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/099060624085036575/P5004821bf54600a41b38315f0d172005a1
dc.identifierhttps://hdl.handle.net/10986/41693
dc.identifier10.1596/41693
dc.identifier.urihttp://hdl.handle.net/123456789/405451
dc.languageEnglish
dc.languageen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rightshttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.rightsWorld Bank
dc.subjectBLUE ECONOMY
dc.subjectCLIMATE CHANGE
dc.subjectAQUACULTURE
dc.subjectFISHERIES
dc.subjectSDG 13
dc.subjectSDG 14
dc.titleCabo Verde Economic Update, March 2024
dc.titleBlue Economy: The Latent Potential of Fisheries and Aquaculture in Cabo Verde
dc.typeReport

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