Looking to join the caravan: how fantastic are North Africa's dreams of becoming the next promising emerging market?

From: The Economist (US) | Date: June 7, 1997 | Copyright information

Egypt, Morocco and Tunisia in North Africa have improved their economies in recent years to such a degree that the region could become a financial center in the next few years. The low education rates and lack of economic and political reforms could hurt the promise shown by the countries.

CASABLANCA AND CAIRO

IN THE Sahara you can still see caravans of camels criss-crossing the sands. You may soon be able to spot a bunch of besuited stockbrokers traipsing in their wake. Later this month the Casablanca stock exchange is launching a roadshow that will travel all the way from Tangier, in ...

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