Cape Verde: Poverty Reduction Strategy Paper-Progress Report

Author: International Monetary Fund

Poverty Reduction Strategy Paper-Progress Report

Volume/Issue: Volume 2010 Issue 367

Publication date: December 2010

ISBN: 9781455212989

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Topics covered in this book

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Labor , Economics- Macroeconomics , Environmental Economics , ISCR , CR , state , vocational training , firm , land management , legal advice , community development , feasibility study , government reform , State budget , basic education , public policy , Job training , Global

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Summary

The development policy of Cape Verde has evolved in a setting of severe structural constraints and persistent restrictions, with potential impediments to growth. The ongoing process of change adopts a transformation strategy closely linked to the consolidation of a democracy based on sound institutions. Democratic strengthening is essential and presupposes the consolidation of good governance as a key factor in any development strategy. Executive Directors consider that effective implementation of the poverty reduction and growth strategy has been made in Cape Verde.