By Michael Klein
Tim Harford
Many young people in the Middle East and North Africa are struggling to find good jobs. We can all agree that we would like them to succeed. But why is it so difficult for them? Certainly not because of a lack of entrepreneurial skill or ambition. The streets of cities like Algiers and Cairo are crowded with clever and hard-working street vendors. They can be a pleasure for the tourist, a convenience for the locals, but a sign of ill-health for the economy.
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