Article: The Bear's Lair: No sunshine in S. Africa.

WASHINGTON, May 05, 2003 (United Press International via COMTEX)

A country with a heavy natural resource base, a basic illiteracy rate of 15 percent, higher than the Latin American average, a GINI (inequality) coefficient of 0.59, equal to Brazil's, and corruption equal to that of Belarus is unlikely to be a success story. Add in a race-based government motivated by retribution, and one of the world's worst AIDS problems, and you have South Africa today.

Economically speaking, South Africa has never been a well-run country. Nineteenth century Transvaal president Paul Kruger's attitude to the opening up of the country following the discovery of the ...

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