Cape Verde economic performance was bolstered by one of the fastest growing tourism industries in the world, as well as by substantial capital inflows that allowed Cape Verde to build up national currency reserves to the current 3.5 months of imports. Unemployment has been falling rapidly, and the country is on track to achieve most of the UN Millennium Development Goals – including halving its 1990 poverty level. In 2007, Cape Verde joined the World Trade Organization (WTO) and in 2008 the country graduated from Least Developed Country (LDC) to Middle Income Country (MIC) status. Cape Verde has significant cooperation with Portugal
Literature of Cape Verde is related to Cape Verdean independence. Its first recorded literature from Cape Verde was in the 16th century with some works written by André Álvares de Almada, he wrote annals of the Portuguese expansion, his most important was a treatise on the Rivers of Guinea of Cape Verde, an area between the Senegal River and Sierra Leone. Cape Verdean literature would be rarely recorded until 1890 with Eugénio Tavares with his morna poems, himself was the dolphin of Cape Verde, his poems were written in Brava creole. The second Creole book was the "Sorrow of Love" by Xavier da Cunha