The bigger problem, though, is the effect of fast economic growth coupled with a fixed exchange rate.

ECONOMIST: Eastern Europe and the euro

With a young, fast-growing workforce, the African subcontinent has a baseline economic growth rate three times that of the U.S. and Europe and holds the potential for 30% to 40% returns on capital.

FORBES: Champions of Free Enterprise

Most importantly, the corollary of fast economic growth is that banks must expand credit at an eye-watering rate.

ECONOMIST: Banks in emerging markets