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Cape Verde: A Development Success Story

Cape Verde: A Development Success Story. Africa’s Response to its Development Challenges Organized by Syracuse University May 18, 2006. By Ambassador José Brito. OUTLINE. Overview: Location & Demography Capeverdean Diaspora Key Challenges Process of Democratization

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Cape Verde: A Development Success Story

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  1. Cape Verde: A Development Success Story • Africa’s Response to its Development Challenges • Organized by Syracuse University May 18, 2006 By Ambassador José Brito

  2. OUTLINE • Overview: Location & Demography • Capeverdean Diaspora • Key Challenges • Process of Democratization • Building the Sustainability of the Economy • Conclusions

  3. Overview:Location & Demography Cape Verde • Archipelago – 10 Islands, uninhabited when discovered by Portugal in 1460 a.d. • Land Area – 1,557 sq.m • Population: 435,000 • Religion: 90% Roman Catholic, 8% Christian Protestant, 2% others • Language – Portuguese & Local Creole • Growth 27% in 10 years • Main Towns: Praia, Mindelo • Time – GMT + 1hr.

  4. Capeverdeans in the World Estimate from Instituto das Comunidades

  5. Key Challenges

  6. Geographic discontinuity

  7. Small internal market

  8. Low rainfall and difficult climatic conditions

  9. Limited resources

  10. Inadequate infrastructures

  11. High level of unemployment

  12. Deepening poverty

  13. However, Cabo Verde is today an African success story

  14. The Process of Democratization • Democratic Share Values • Democratic Institutions

  15. Democratic Share Values

  16. The Capeverdean Exception in Africa CAPE VERDE, A NATION BEFORE A STATE

  17. Democratic Institutions • Political System • Legislative System • Electoral System • Court and Law Enforcement Systems • Local Institutions • Public Administration • Civil Society Organizations • Press

  18. The Building of Democratic Institutions • Facing the Vulnerability and Building a Viable State • Managing the Political Transition • Consolidating the Economy and the Institutions

  19. Where do we go from here?

  20. Where do we go from here? Significant change and rapid transformation based on exploiting & building our competitive advantage Sustained AID & remittances; continued economic growth but no transformation Development AID Emigrants Remittances Business as usual precipitating social and economic decline

  21. Building competitive advantages Gateway to/from Africa Hub passenger and Cargo Transhipment Location Marine Resources Exclusive Economic Zone Fishing Regional Center Sea Sun, Sea, Mountains Malaria Free Renewable Energies Climate Free Open Economy + Good Governance and Maturing Stable Economy + Highly Literate Society Stability/ Peace Corruption Free Sound Management Market Access ECOWAS/PALOP/ CPLP Europe/Americas/Global Nation Diversify & Rich Culture Universal primary education Fast learners Good Governance Network strategic Partners Human Resources

  22. REASONS TO VISIT CAPE VERDE CABO VERDE IS A BEAUTIFUL COUNTRY

  23. REASONS TO VISIT CAPE VERDE

  24. REASONS TO VISIT CAPE VERDE

  25. Conclusions • Poverty is not a fate • A self-sustaining high growth economy is possible in a resource less country • Good governance is a strategic resource

  26. THANK YOUOBRIGADO

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