South Africa: a rising star

Headline: South Africa: a rising starSource: EuromoneyDate: May 2001Author: David Roche         South Africa is a contradictory country. Its economy is the size of Poland’s or Thailand’s. It has income disparities similar to Brazil’s. In population and wage rates, it’s Argentina. But it spends three times more of GDP on public education […]

Headline: South Africa: a rising star
Source: Euromoney
Date: May 2001
Author: David Roche

       
South Africa is a contradictory country. Its economy is the size of Poland’s or Thailand’s. It has income disparities similar to Brazil’s. In population and wage rates, it’s Argentina. But it spends three times more of GDP on public education than China and twice as much as the average of all emerging markets.

Infrastructure is first world. Medical care is still innovative and superb, although the best care is in the private sector.






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