(2,086 words)
Cape Verde has consolidated its position as a multiparty country with regular free and fair elections, a free press, high literacy rates, a vibrant civil society and three decades of political stability. On the economic front, Cape Verde has achieved a certain degree of macroeconomic stability, low levels of inflation and declining fiscal deficits. Despite a slight fall in its 2004 Human Development Index, the socioeconomic indicators are impressive as compared to other West African nations: life expectancy is above 70 years; primary and secondary school enrolment is almost 100% and 70% respectively and per capita income is rapidly approaching $ 1,500. These achievements have earned Cape Verde the dubious privilege of exiting the group of Least Developed Countries (LDC).
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(2,086 words)