Recomended readings

Land management is the spatial dimension of the process to manage a country’s transformation. Here we refer to measures aimed at creating and controlling space organization; that is, “the creation and control of spatial forms, their functions and spatial distribution, as well as certain processes, such as spatial concentration and dispersion, which shape space organization in its origins and dynamics.” Land management is a means by which one facilitates the creation and maintenance of economic...
Cabo Verde’s ability to compete successfully in the global market and implement an economic transformation agenda depends on efficient, adequate and quality infrastructure. High GDP level is usually associated with good quality and availability of infrastructure. Therefore, the Transformation Agenda adopted in 2003 identified infrastructure investment as a priority. The Government expanded and improved the quality of roads, built ports and airports, increased access to energy, modernized the...
Cabo Verde is transitioning from an economy based on investment in production factors to an economy based on efficiency, innovation and high productivity, which requires producing more with fewer resources. This transition is happening at a time when the country is facing challenges resulting from changes that are occurring in the world, as well as those resulting from the development dynamics that society has been experiencing in recent times.
Innovation and creativity matters! The reality of the so-called “knowledge economy”, is that innovation and creativity are fast becoming the “only” competitive advantage of nations. Innovation and creativity directly impacts the capacity to export. In fact, the countries that have experienced the most rapid growth are the ones that have gradually shifted their export structures over time from low technology, low-skills, and largely labor-intensive products to high technology and high-skill...
Cabo Verde needs an educational system that is capable of producing creative and innovative entrepreneurs, in addition to engineers, scientists, technologists, planners, contract negotiation specialists, professionals with university degrees, and managers who express themselves fluently in English and who can be leaders in implementing the transformation agenda. Such a system of education should put an emphasis on rigor and quality as early as pre-school and be relevant, not only to the country...
High electricity and water costs are determinants of the Cabo Verdean economy’s poor competitiveness. Besides the inefficient electricity sector, the cost of these two production factors is mainly due to the high cost of fossil fuel imports, which is aggravated by the market’s smallness and fragmentation. Joint import by the two operators working in the fuel industry did not change this situation structurally, so the cost of electricity continues to be one of the highest in the world and the...
Cabo Verde has been making significant progress with regard to the transformation agenda. The Country is becoming a modern society with a strong physical and social infrastructure. Democracy continues to be strengthened. Freedoms are increasingly consolidated, as is the Rule of Law.
The aero business cluster has critical roles to play in the agenda for transformation. It has a facilitating role to ensure the diversification of the economy and realization of the agenda for transformation. It will not be possible to build a tourism sector that is globally competitive without a good air transport sector, with reliable and quality services. At the same time, the geo strategic location of Cape Verde makes it a natural hub for air transport both for cargo and passengers.
Cape Verde’s transformation agenda is anchored on the development of key economic clusters. Among the clusters is finance. This is a critical cluster given the important of financing for the development of the other clusters and the important contributions it can make, as a key sector, in Cape Verde’s economy. This workshop will undertake a critical review of the finance cluster to examine the state of the cluster ten years after the transformation agenda.
A structural challenge that Cape Verde has always had to grapple with is unemployment. The growth over the last decade led to growth in employment with sizeable number of jobs created in the tourism sector as well as construction and real estate. However, job creation in recent years, especially since the 2008 global downturn began, has been very anemic. Unemployment rate is on the increase. In the meantime, the labor force is increasing steadily while the number of jobs created is not...

Pages