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domingo, 16 de março de 2014

The development of tourism - Cape Verde by Wikipedia 16

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Ilha de São Vicente - Cabo Verde - 2014 - photo by Fernando Costa



CAPE VERDE

Economy 2/3


Since 1991, the government has pursued market-oriented economic policies, including an open welcome to foreign investors and a far-reaching privatization programme. It established as top development priorities the promotion of a market economy and of the private sector; the development of tourism, light manufacturing industries, and fisheries; and the development of transport, communications, and
energy facilities. From 1994 to 2000 about $407 million in foreign investments were made or planned, of which 58% were in tourism, 17% in industry, 4% in infrastructure, and 21% in fisheries and services.

In 2011, on four islands a windfarm was built that in total supplies about 30% of the electricity of the country. It is one of the top countries for renewable energy.

Between 2000 and 2009, real GDP increased on average by over 7 percent a year, well above the average for Sub-Saharan countries and faster than most small island economies in the region. Strong economic performance was bolstered by one of the fastest growing tourism industries in the world, as well as by substantial capital inflows that allowed Cape Verde to build up national currency reserves to the current 3.5 months of imports. Unemployment has been falling rapidly, and the country is on track to achieve most of the UN Millennium Development Goals – including halving its 1990 poverty level.  LINK



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