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A month has passed since Cyril Ramaphosa, the head of the African National Congress, replaced Jacob Zuma as president of South Africa.If South Africa is truly to turn a corner, inequality must be addressed; the majority of the country's citizens must believe that they can achieve a brighter future.With a per capita income of $13,000 last year (measured by purchasing power parity), South Africa is a middle-income country similar to Brazil, Mexico, and Thailand.For example, in 2010, South Africa's richest 10 percent accounted for 53 percent of total consumer spending. In 2010, the country's poorest 40 percent accounted for just 6.9 percent of the country's total expenditures.South Africa needs an inclusive "new deal" for the 21st century. To reinvigorate social mobility, South Africa also needs a dose of economic dynamism, buttressed by a strong social-safety net.South Africa's new leader does have an advantage: The country is eager for change.If Ramaphosa succeeds in creating a new narrative that all South Africans can embrace, the road ahead can clear before voters seek a riskier alternative route.
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