Institutional Stability and Economic Success in Africa: Lessons from Cabo Verde
Hon Cristina Duarte, Minister of Finance and Planning, Republic of Cabo Verde
Chair: Gita Honwana Welch, Associate Fellow, Africa Programme, Chatham House
The Republic of Cabo Verde has navigated a course of economic success despite a lack of natural resources and arable land, and suffering from frequent droughts. Good governance and sound macroeconomic policy, bolstered by foreign investment and remittances, have put the country firmly on a path of strong economic performance.
Cristina Duarte has served as minister of finance and planning for almost a decade, overseeing the country’s economic transformation and graduation to middle-income status, and is a candidate for the presidency of the African Development Bank. Ms Duarte will discuss the importance of good governance and institutional stability, through the prism of Cabo Verde’s experience.