{"id":18770,"date":"2014-09-09T10:00:29","date_gmt":"2014-09-09T15:00:29","guid":{"rendered":"https:\/\/alpha.pewresearch.org\/pewresearch-org\/short-reads\/%year%\/%monthnum%\/%day%\/the-countries-most-optimistic-and-pessimistic-about-their-economic-future\/"},"modified":"2024-04-14T03:43:52","modified_gmt":"2024-04-14T08:43:52","slug":"the-countries-most-optimistic-and-pessimistic-about-their-economic-future","status":"publish","type":"short-read","link":"https:\/\/alpha.pewresearch.org\/pewresearch-org\/short-reads\/2014\/09\/09\/the-countries-most-optimistic-and-pessimistic-about-their-economic-future\/","title":{"rendered":"The countries most optimistic and pessimistic about their economic future"},"content":{"rendered":"<p class=\"wp-block-paragraph\"><iframe loading=\"lazy\" width=\"400\" height=\"500\" align=\"right\" frameborder=\"0\" src=\"http:\/\/www.bbc.co.uk\/emp\/embed\/smpEmbed.html?playlist=http%3A%2F%2Fplaylists.bbc.co.uk%2Fnews%2Fmagazine-29120309A%2Fplaylist.sxml&amp;title=Global%20survey%20finds%20pessimistic%20view%20of%20economic%20recovery%20%20&amp;product=news\"><\/iframe>Six years after the onset of the Great Recession, amid an uneven global economic recovery, people around the world remain wary about their economic prospects. A median of 46% across 44 countries <a href=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/global\/2014\/09\/09\/global-public-downbeat-about-economy\">surveyed in spring 2014<\/a> by the Pew Research Center expect their economy to improve. An equal proportion say conditions will remain the same (26%) or worsen (20%).<\/p>\n\n<p class=\"wp-block-paragraph\">The public is <a href=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/global\/2014\/09\/09\/developing-countries-most-optimistic-about-economy\">upbeat in a handful of nations<\/a> and particularly pessimistic in a number of others. These expectations are generally in line with economists\u2019 predictions, but not always.\u00a0<!--more--><\/p>\n\n<p class=\"wp-block-paragraph\"><strong><\/strong><\/p>\n\n<figure class=\"wp-block-image alignright\"><a href=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/global\/2014\/09\/09\/global-public-downbeat-about-economy\"><img data-dominant-color=\"eae7d9\" data-has-transparency=\"false\" style=\"--dominant-color: #eae7d9;\" loading=\"lazy\" decoding=\"async\" width=\"310\" height=\"587\"  srcset=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/wp-content\/uploads\/sites\/20\/2014\/09\/FT_14.09.08_OptimistsPessimists.png?resize=310,587 310w\" sizes=\"(max-width: 480px) 480px, (max-width: 782px) 782px, 640px\" class=\"wp-image-28889 not-transparent\" src=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/wp-content\/uploads\/sites\/20\/2014\/09\/FT_14.09.08_OptimistsPessimists.png\" alt=\"Which countries are most optimistic about their future?\" ><\/a><\/figure>\n\n<p class=\"wp-block-paragraph\">The Optimists Club: The countries with the rosiest views of the next year are those with emerging or developing economies. Eight-in-ten Chinese (80%) expect their economy to get better over the next 12 months, as do roughly three-quarters of Peruvians (77%) and Vietnamese (74%). Seven-in-ten or more Senegalese (73%), Nigerians (72%), Indians (71%) and Colombians (70%) are similarly upbeat. Notably, economic forecasters at the International Monetary Fund (IMF) <a href=\"http:\/\/www.imf.org\/external\/pubs\/ft\/weo\/2014\/update\/02\/index.htm\">expect little improvement<\/a> in most of these economies over the next year. The striking exceptions are India, where the IMF foresees the economy accelerating from 5.4% in 2014 to 6.4% in 2015, confirming public expectations, and China, where public optimism is at odds with an IMF prediction that the economy will actually slow slightly, from 7.4% in 2014 to 7.1% in 2015.<\/p>\n\n<p class=\"wp-block-paragraph\"><strong>The Pessimists Club<\/strong>: More than half of Greeks (53%) anticipate economic conditions worsening over the next 12 months, (another 26% expect the Greek economy to remain the same, which, in a nation where the economy shrank by <a href=\"http:\/\/www.imf.org\/external\/pubs\/ft\/weo\/2014\/01\/pdf\/text.pdf\">-3.9% in 2013<\/a> is hardly a vote of confidence). In addition, 48% of the French expect their economy to deteriorate, as do 46% of Lebanese and 44% of Palestinians. Greek pessimists, however, may be pleasantly surprised: the IMF foresees the Greek economy improving from 0.6% growth in 2014 to 2.9% in 2015. Similarly, while less than half the Lebanese expect more hard times, the IMF forecasts Lebanon\u2019s economy to accelerate from 1% growth in 2014 to 2.5% in 2015.<\/p>\n\n<p class=\"wp-block-paragraph\">The U.S. public falls somewhere between these two groups, with Americans equally divided on the future of their economy: 35% expect it to improve, 33% assume it will remain about the same and 30% foresee it worsening.<\/p>","protected":false},"excerpt":{"rendered":"<p>When it comes to how their economics will fare in the next year, the public is remarkably upbeat in a handful of nations and particularly pessimistic in a number of others.<\/p>\n","protected":false},"author":67,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"sub_headline":null,"sub_title":"","_crdt_document":"","_prc_public_revisions":[],"_ppp_expiration_hours":0,"_ppp_enabled":false,"ai_generated_summary":"","apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"relatedPosts":[],"_prc_fork_parent":0,"_prc_fork_status":"","_prc_active_fork":0,"datacite_doi":"","datacite_doi_citation":"","_prc_seo_qr_attachment_id":0,"spoken_article_player_enabled":true,"bylines":[{"key":"efd1af9f61afd3691522ff8661d33483","termId":988}],"acknowledgements":[],"displayBylines":true,"footnotes":"","prc_watchers":[]},"categories":[],"bylines":[988],"collection":[],"datasets":[],"_post_visibility":[],"formats":[467],"_fund_pool":[],"languages":[],"regions-countries":[515],"research-teams":[525],"workflow-status":[],"class_list":["post-18770","short-read","type-short-read","status-publish","hentry","bylines-bruce-stokes","formats-short-read","regions-countries-united-states","research-teams-global"],"label":"Short 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