grey boy 2
SENIOR MEMBER
- Joined
- Jul 23, 2009
- Messages
- 6,484
- Reaction score
- -2
- Country
- Location
Deepening Economic Doubts in India | Pew Global Attitudes Project
September 10, 2012
September 10, 2012
Nevertheless, the trend line in India conveys a more troubling story. Just 38% of Indians are satisfied with the way things are going in the country a 13 percentage point decline since last year. This is among the largest drops in national contentment across the countries surveyed in 2011 and 2012.
Meanwhile, the proportion of Indians who think current economic conditions are good is down seven percentage points from 2011. And only 45% of Indians think their economy will improve over the next 12 months. Such optimism has declined 15 points since 2011, again the largest falloff among the 17 nations with comparable data.
A year ago, Indians economic mood trailed that in China, bested that in Europe and the United States, and was comparable to that in Brazil. Today, Indians evaluation of their current national economic situation trails that in China by 34 percentage points and Brazil by 16 points. And Indian optimism about the next year lags behind that in Brazil by 39 points and China by 38 points. Indian satisfaction with the direction of the country is descending toward that in Europe and the United States and hope for the future has been surpassed by that in America.
Contrary to their view of the health and future of the national economy, nearly two-in-three Indians (64%) say their personal finances are good. This level of personal contentment is higher than in 14 of the other 20 countries surveyed in 2012.
But Indians are not terribly optimistic about their childrens economic prospects. About two-thirds (66%) think it will be difficult for their kids to get a better job or become wealthier than the current generation. Such pessimism is relative, however. Among the 21 nations surveyed, people in 17 countries are even more glum about their childrens futures.
Not all Indians are downbeat. By a margin of 25 percentage points, higher-income Indians are more satisfied than lower-income Indians with their personal economic situation. Richer Indians are more likely than lower-income Indians, by 13 points, to say they are better off than they were five years ago. And by nine points, they are more likely to say that their children can do better financially than themselves.
These differences by income group are generally greater in India than those found in Brazil, China or Turkey, three other emerging market economies surveyed. And they exist at a time when roughly seven-in-ten (72%) Indians say the gap between the rich and the poor is a very big national problem.
India and the World
Indias relations with the rest of the world, especially its neighbors Pakistan, China and Iran, are increasingly important in the realm of geopolitics. But for many Indians, especially those who live in rural areas, the outside world is simply not part of their daily consciousness. Large portions of the rural population have no definite opinion about other countries, foreign leaders or international policy issues.
City dwellers are more globally aware. A 58%-majority is favorably disposed toward the United States and they see America in a more favorable light than they view other major world powers, such as Russia (48%) or the EU (38%). About seven-in-ten city dwellers (71%) who say they are following the U.S. election closely want U.S. president Barack Obama to be re-elected.
Only a third of urban Indians have a favorable view of China. And those who say that Chinas growing economic influence is bad for India are more likely to describe relations between the two countries as hostile.
There is little support among urban Indians for Iran (28%), and about half (52%) oppose Tehran obtaining nuclear weapons. Among those who oppose Iran acquiring nuclear arms, a 62%-majority favors tougher economic sanctions to prevent this possibility, and 69% believe it is important to keep Iran from acquiring a nuclear arsenal even if that means taking military action.
