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Europe’s African Growth Engine

While Europe remains mired in recession, Africa is projected to become the world's fastest-growing region in the next five years. Rather than continuing to impose tough austerity measures, Europe’s leaders should pursue growth by developing strategic partnerships with African governments aimed at boosting exports.

RIVERSIDE, CALIFORNIA – The eurozone crisis is taking a toll on its citizens: low growth, soaring unemployment, and tough austerity measures, with no relief in sight. The likely adjustment of Europe’s fiscal strategy offers a glimmer of hope, but it does not address the challenge of restoring long-term growth.

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