2007-03-14

Singing all the Way to the Bank: The Case for Economic Development through Music

This paper will try to show how the development of a vibrant and active music industry in Cape Verde can provide this country with a medium for long term economic growth and development. It uses a few case studies to illustrate this point: Senegal, Austin, and Jamaica. Finally, it provides a way forward for what should be the key elements of a strategy that Cape Verdeans should develop to brand and build a globally competitive Cape Verdean Music industry.
Further reading: http://129.3.20.41/eps/dev/papers/0505/0505013.pdf

Author: Samer Y. Saab
Financial Sector Analyst of International Monetary Fund Monetary and Capital Markets Department Africa Division
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