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Submitted by Bitange Ndemo on
Interesting but great comparisons. In Africa we have always looked at the negative side when comparing ourselves with our northern neighbours. Kaletzky in Capitalism 4.0 offers some tips for European crisis. We should learn from Europe before moviing towards a common currency with uncommon productivity levels. This is perhaps what has hurt Europe most. Europe should consider Britain's decision on its currency and move back to different currencies where Greece would simply have devalued its currency.