European Parliament Library

Comoros :, Recent Economic Developments

Abstract
This paper reviews economic developments in the Comoros during 1992–95. The economic performance of the Comoros during 1991–94 was characterized by real growth of about 1.6 percent a year on average, large financial imbalances, an eroding export base, and the accumulation of large domestic and external payments arrears. The poor economic performance was particularly noticeable during 1994–95 when real GDP, which grew by about 3 percent during 1991–93, declined by about 2 percent a year, as a result of a negative terms-of-trade shock, and increased political uncertainty
Language
eng
Literary Form
non fiction
Note
Bibliographic Level Mode of Issuance: Monograph
Physical Description
1 online resource (107 pages)
Form Of Item
online
Isbn
9780128098196

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