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Journal of Cape Verdean Studies

Journal

2018

Market Economics

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Human Development, Economic Policy And Income Inequality In Cabo Verde, João Monteiro May 2018

Human Development, Economic Policy And Income Inequality In Cabo Verde, João Monteiro

Journal of Cape Verdean Studies

By most accounts, Cabo Verde is making tremendous achievements economically, politically, and socially. Forty years after becoming independent, it finds itself consistently among the highest performers on human development scales anywhere in Africa. This paper is a reflection on Cabo Verde’s development and economic growth as it relates to questions of income and resource distribution. Specifically, it considers the challenge of inequality in the distribution of income and the possibility that present inequality trends may be related to economic policy-making over that last twenty-five years. It draws on government reports and United Nations and World Bank documents to capture the …