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Showing posts with label Cruises. Show all posts
Showing posts with label Cruises. Show all posts

Thursday, May 19, 2011

How Cape Verde can leverage existing tourism into greater economic benefits

Cape Verde has risen from the world's ranks of "lesser developed countries" into an emerging economic force in Africa. It is now moving toward classification as a "middle-income country". The country receives high marks from the various organizations, such as the Heritage Foundation and the Ibrahim Foundation, which study the social and economic progress of countries across the globe. It is a remarkable feat for a country with few natural resources, bar its natural beauty and its beautiful and talented people.

Yet, it is easy for its government to become complacent with these accomplishments or to cease looking very deeply into the opportunities which remain untapped. This is in fact what appears to be happening in the area of tourism. While tourism into Cape Verde has increased dramatically over the last decade, and is expected to rise at an even higher pace of over 20% in 2011, there is a danger that the government views the current and future expected growth in tourism as a sign of success. No doubt, it is a commendable achievement, however there are significant imbalances in the current state of tourism that cannot be left unaddressed: