Showing posts with label Djibouti. Show all posts
Showing posts with label Djibouti. Show all posts

25 March 2008

Djibouti as Dubai or Singapore?

Nice Economist article entitled St Tropez in the Horn? A tiny country makes the best of a bad neighbourhood spotlighting Djibouti, a former French colony and its prospects. With some wise governance and good management, concentration on trade and import-export, and a bit of investment (and a gigaproject or two), this nation should thrive much like Dubai & Singapore. And, by the way, Djibouti is only "tiny" in comparison to the Sudan (the size of Western Europe) and all of Africa (almost equal in size to North & South America combined). Djibouti is about the size of Massachusetts or El Salvador.