LYCOS RETRIEVER 
Cape Verde: Cape Verdes
built 268 days ago
Politics of Cape Verde takes place in a framework of a parliamentary representative democratic republic, whereby the Prime Minister of Cape Verde is the head of government, and of a pluriform multi-party system. Executive power is exercised by the government. Legislative power is vested in both the government and the National Assembly. The Judiciary is independent of the executive and the legislature.
Source:
Early stages of development in Cape Verde make it an ideal time to invest. Huge growth potential in tourist industry. New International Airport. Cape Verde airlines to start direct flights from UK in 2006.
Source:
The Cape Verde property market is still relatively unexplored, compared to more established markets of Europe. Cape Verde is emerging as one of the international property stars, being such a highly attractive location. There is a stunning coastline studded with white-golden sand beaches.
Source:
Cape Verde enjoys a stable democratic system. The Movement for Democracy (MpD) captured a governing majority in the National Assembly in the country's first multi-party general elections in 1991. The MpD was returned to power with a larger majority in the general elections held in December 1995. In 2001, the PAICV regained power, with four parties holding seats in the National Assembly--PAICV 40, MPD 30, PCD 1, and PTS 1. Nationwide municipal elections were held March 21, 2004.
Source:
Economy—overview: Cape Verde's low per capita GDP reflects a poor natural resource base, including serious water shortages exacerbated by cycles of long-term drought. The economy is service-oriented, with commerce, transport, and public services accounting for almost 70% of GDP. Although nearly 70% of the population lives in rural areas, the share of agriculture in GDP in 1995 was only 8%, of which fishing accounts for 1.5%. About 90% of food must be imported. The fishing potential, mostly lobster and tuna, is not fully exploited. Cape Verde annually runs a high trade deficit, financed by foreign aid and remittances from emigrants; remittances constitute a supplement to GDP of more than 20%.
Source:
Soil erosion has been one of Cape Verde's greatest problems. It began to have a serious effect in the early 19th century, attributable to overgrazing by goats. Since independence a nationwide campaign to prevent erosion has been under way, involving planting drought-resistant varieties of acacia trees (which now cover 7.5 percent of the land surface), building small dikes, and improving farming techniques.
Source:
MORE ABOUT
Cape Verdes