A Johannesburg economic firm had released a paper warning that South Africa's self-image as a big economy preparing to take its place on the world stage with Britain and Germany was a dangerous delusion - better to think of itself in terms of a second-tier economy like Belgium, they wrote. In per-capita GDP South Africa comes in sixth in Africa and 77th overall, at $11,440 per person. The most troubling trend in South Africa's economy is an old one: inequality. South Africa's economy has grown at a decent clip since 1994; but even larger swaths of the population are being left behind.
Source: LOS ANGELES TIMES
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