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...where they will soon be exempt from customs duties, thanks to a free-trade agreement that takes effect in January. Meanwhile, tens of thousands of Europeans soak up the sun on Tunisia's beaches every year. "All that is very interesting for foreign investors," says Margareta Drzeniek Hanouz, senior economist at the World Economic Forum. "The differences are very visible in our data compared to other African and Middle Eastern countries...

Author: /time Magazine | Title: Tunisia: The Price of Prosperity | 10/31/2007 | See Source »

...backlash as middle-class Tunisians demand more civil liberties, and as jobless youth seek outlets to vent their frustration - not least by joining radical Islamic organizations. "Tunisia is the one Arab country which could afford real political openness, but the system is completely closed," says a former World Bank economist with long experience of Tunisia. "They do not open up, because people like to stay in power...

Author: /time Magazine | Title: Tunisia: The Price of Prosperity | 10/31/2007 | See Source »

...imposing quotas on sugar imported from the Caribbean, though it is one of the islands' crops of comparative advantage. European governments, with the French at the fore, have always sought protection for their farmers as a way of preserving the rural environment and village life. Nick Stern, chief economist of the World Bank, recently estimated that total agricultural subsidies in the rich world were worth $300 billion a year--about equal to all the economies in sub-Saharan Africa...

Author: /time Magazine | Title: Free-Trade Hypocrites | 10/29/2007 | See Source »

...Abduljabbar Abdellah Fadul, an economist who runs a consultancy from his simple office at El Fasher University, says the town is in the grip of a construction boom driven by the demand for housing. Locals have rented their homes to the new arrivals, and are building new ones. "Plots out here," he says waving at the land beyond the university close to the African Union base, "were just left empty. They were worth maybe $1,000 three or four years ago. Now the same ones are being bought for $15,000." All the retail space has been rented...

Author: /time Magazine | Title: Where Darfur's War Is Good for Business | 10/29/2007 | See Source »

...Macedonian Kerim, an economist by training, has also served as an ambassador from Macedonia to many nations in Europe. Now, as the General Assembly’s president, his job is to propose debate topics and moderates its sessions. Kerim’s appearance was one of the opening events of the Business School’s International Week. A spectrum of languages resonated throughout the air in the auditorium, where many international students had gathered...

Author: By Catherine J. Zielinski, CONTRIBUTING WRITER | Title: U.N. Official Draws HBS Crowd | 10/26/2007 | See Source »

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