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Guinea-Bissau endured a major conflict in 1998 and has suffered from persistent political instability since independence. After a brief review of indicators of governance in Guinea-Bissau and recent political developments, the objective of this Chapter is to provide results from a recent survey...
Persistent link: https://www.econbiz.de/10005835609
Given the poor economic performance of Guinea-Bissau over the last few years, including a severe recession toward the end of 2002, poverty is likely to be high and to have risen in recent years even compared to its high postconflict level. The first objective of this chapter is to estimate the...
Persistent link: https://www.econbiz.de/10005835977
Conflicts and political instability have been serious constraints to growth in Guinea-Bissau. Of special concern was the civil war of 1998, which lasted 11 months and led to substantial loss of life as well as to a massive decrease in GDP per capita. Based on research on the economic cost of...
Persistent link: https://www.econbiz.de/10005836854
Agriculture is the engine of Guinea-Bissau’s economy. The sector relies mainly on cashew nuts, rice, and the subsistence production of food crops. Cashews represent 90 percent of the country’s exports and the principal source of income in rural areas. Unfortunately, cumbersome administrative...
Persistent link: https://www.econbiz.de/10005837010
This paper provides an analysis of the modes of livelihood of Guinea-Bissau’s population. The country is poor and highly dependent on agriculture and extractive activities such as fishing. Yet beyond such general statements, it is useful to describe in qualitative terms the main activities...
Persistent link: https://www.econbiz.de/10005260282