Cabo Verde: Selected Issues

November 29, 2016

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Format: Chicago

Cabo Verde: Selected Issues, (USA: International Monetary Fund, 2016) accessed November 23, 2024

Summary

This Selected Issues paper examines whether the recent slowdown in private sector credit growth in Cabo Verde is demand or supply driven. Although in the late 2000s, demand factors have been the main drivers in Cabo Verde’s credit market, supply dynamics’ role has increased in recent years. For Cabo Verde to promote private sector-led growth and sustainable economic development, reforms aiming at strengthening both credit demand and supply will be essential. These include improving the business environment for the private sector as well as strengthening the financial sector by ensuring prudent banking supervision and an effective resolution of the nonperforming loan overhang.

Subject: Banking, Commercial banks, Credit, Economic sectors, Financial institutions, Financial sector, International bonds, Money, Sovereign bonds

Keywords: Africa, Commercial banks, Consumer housing credit, CR, Credit, Credit demand and supply function, Credit growth, Credit market, Credit supply, Demand and supply equation, Financial sector, Global, Interest rate, International bonds, ISCR, Opportunity cost, Sovereign bond, Sovereign bonds

Publication Details

Pages:

29
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2016/367
Stock No:

1CPVEA2016002
ISBN:

9781475557732
ISSN:

1934-7685

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