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We have previously discussed nations facing significant challenges on this channel, and one such example is the small East African nation of Eritrea. It operates under a strict military dictatorship, earning it the moniker "North Korea of Africa." Eritrea lacks free markets and trading partners, with a disproportionately high debt-to-GDP ratio primarily attributed to its strategic location for international shipping. Despite these economic factors, the overall quality of life in Eritrea is exceptionally bleak.
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