Upcoming elections in Tunisia are another important step along the country’s long and bumpy path to democracy. If the elections pass smoothly, as seems likely, this should at the very least provide a near-term boost to growth. But perhaps more importantly, Nidaa Tounes, which looks set to win the parliamentary election, has made the right noises about economic reform. If it lives up to its promises, this could help the economy to return to sustainable growth rates of 4-5%.
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