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
Architecture of Cape Verde people used before independence. The first 500 years would have mainly Portuguese elements in its architecture and continued until the independence of Cape Verde in 1975. When the city of Ribeira Grande (now Cidade Velha) was enlarged in its early years in the 1450s, in the 1490s and the start of the 15th century, Manueline architecture would be featured in its buildings. Some of its styles survived in some buildings in São Filipe. The town's pillory (not a building) is one example, the other was Nossa Senhora do Rosário church, the world's first colonial church and the Sé Cathedral. After